Claire Tyrrell

On today's episode of At Close of Business, senior journalist Claire Tyrrell reports on the constraints and opportunities facing Perth's residential building market.

Private investment group Tribar Capital has bought a fully-leased West Perth office building for $5.35 million.

WA's cycling industry poured $651 million of value to the nation's economy and $1.27 billion in economic output during 2020 as demand for bicycles surges, a landmark report has revealed.

The EPA is a step closer to deciding whether to assess Saracen Properties' $118 million Gnarabup resort proposal, after an overwhelming public response.

Global law firm Clifford Chance is relocating to ground floor offices at 235 Saint George's Terrace from its current offices at number 190.

Property giant JLL has promoted Angelo Amara to WA managing director, as the current boss John Williams shifts his focus to JLL's capital markets business.

Apartment developer Finbar Group says confidence in the investor market is improving, demonstrated by strong interest in its $97 million Rivervale apartment complex.

The environmental watchdog is assessing a proposal to clear 14 hectares of environmentally sensitive land in Neerabup that would extend the life of one of Perth's largest sand quarries by 15 years.

The state government has asked the developers behind a proposed 54-storey glass tower at Elizabeth Quay to provide more information before it can be approved.

WA's Ascot Capital has offloaded most of its industrial property assets, with a recent $681 million deal with Sydney's GPT Group bringing its recent sales to $2.1 billion.

Adco Constructions is building West Perth's $30 million parliamentary offices, set to house more than 100 government workers.

Saracen Properties' $70 million mixed use development featuring 135 apartments in Maylands has gained development approval.

Colliers International WA could be known as Cygnet West from next year, as the real estate giant prepares to launch its own operation after two decades of multinational ownership.

Premier Mark McGowan is planning to mandate more industries in WA to get the COVID-19 vaccine, as the mining sector grapples with its health advice.

On today's episode of At Close of Business, senior journalist Claire Tyrrell goes behind the issues vexing developers, planning officials and community members in the coastal suburb of Scarborough.

Differing views over the coastal strip's revitalisation have created rifts between the major stakeholders.

A Kerry Stokes' owned company has purchased a four-storey office building on Kings Park Road for $12.5 million.

Saracen Properties' and Security Capital Australia's proposed five-star resort in Gnarabup has blown out to $118 million.

Claremont-based property technology company Openn Negotiation has been chosen to participate in a Canadian real estate accelerator program.

Qube Property Group has bought a Canning Vale industrial area for an estimated $12 million, as the group aims to expand its industrial offering.

Architects and builders have been awarded contracts for projects totalling close to $95 million across seven WA schools.

Willing Property has appointed Leederville-based Kastle to build its $40.5 million luxury Mount Lawley apartments.

Saracen Properties' plans to build a $70 million nine-storey mixed use development have been given a tick of approval by the City of Bayswater.

WA company Fastbrick Robotics has entered a contract to supply a $5 million St James townhouse development – its first multi-home deal.

The state's environmental watchdog will ask the public whether it should assess a proposed five-star $100 million Margaret River resort.

A Joint Development Assessment Panel has approved Cedar Woods' $32.5 million apartment development in Subiaco, flagged as a more affordable option for the area.

Accounting and advisory network BDO has confirmed it is moving from its Subiaco offices into the Perth CBD at the end of the year.

Perth's residential property values have soared by 18 per cent in the past year, in a major revision of CoreLogic's data analysis for WA.

WarpForge, the Perth company developing a hydrogen bus, has filed a defamation action against a former employee.

WA is leading the nation as the most optimistic property market in Australia, but industry confidence has trended downwards since March, ANZ/Property Council research reveals.

Mirvac's $52.5 million eight-storey Burswood apartment complex, forming part of its 17-hectare Peninsula precinct, has received development approval.

Perth's Lester Group has agreed to purchase a Butler retail precinct worth an estimated $50 million, from Adelaide's Axiom Properties.