Friday, 4 March, 2022 - 12:41
Locus Group with $10m Freo purchase
The Perth developers are proposing a 60 townhouse $50 million development on the industrial and vacant site.
Cameron Alder has been in the property industry for over 18 years, after leaving the aviation industry as a commercial pilot.
Spending most of his time working for some of Australia’s largest property companies, Mr Alder had also worked in Africa & the UAE, in development and construction industry including running his own business. He has also managed and developed private investor property portfolios in Australia.
Mr Alder has become a specialist in medium density developments in Western Australia, having completed a number of large townhouse and apartments projects. He has also had extensive experience in retirement, retail and aged care developments in Western Australia.
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The Perth developers are proposing a 60 townhouse $50 million development on the industrial and vacant site.
Market conditions are leading to a proliferation of townhouse developments across Perth.
Locus Development Group’s $21.5 million plan to develop 56 townhouses in Fremantle’s Knutsford precinct has been unanimously refused at a JDAP meeting.
Locus Development Group and Security Capital Australia bought the Woolworths anchored asset and have signalled expansion plans.
Property funds are navigating economic headwinds to deliver returns to their investors.
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