Dan Wilkie was chief of staff for the Business News editorial team, overseeing the news and feature pages of the print publication. His main reporting round was property, including areas such as building and construction, architecture and residential real estate. Dan is a graduate of Curtin University.
Satterley Property Group has welcomed advice from the Environmental Protection Authority that confirmed there were no health risks over its landholdings in Mandogalup, but uncertainty still hangs over whether part of the southern suburb is appropriate for residential development.
Change is sweeping through front bars and suburban watering holes across the city, with publicans of some of the city’s most recognisable pubs spending up big in efforts to stay relevant in Perth’s rapidly diversifying hospitality sector.
Crown Towers Perth has emerged as Western Australia’s standout construction project, with the ultra-luxury hotel on the Burswood Peninsula winning two major categories at the Master Builders Association’s annual excellence in construction awards.
Retail landlord Hawaiian will spend $5 million bringing one of the oldest shopping centres in its portfolio up to date, with work to start on a redevelopment of the 45-year-old Melville Plaza later this month.
A growing chorus of major voices in Perth’s commercial property sector is suggesting the worst of the recent period of sluggish activity may be over, with consistent demand for space and renewed investor interest indicating the marketplace is on the improve.
More than 40,000 square metres of space in suburban office buildings have been vacated during the past 12 months, a result driven more by companies downsizing rather than growth in the number of firms moving to the CBD.
Plans to redevelop the Hyatt Regency Perth include a public plaza, an art gallery, a theatre and performance space, new food and beverage tenancies, a supermarket and end-of-trip facilities open to the public, according to documents to be assessed by planning authorities next week.
UPDATED: Residential construction outfit Builton Group is closing its doors, after staff were told not to come to work on Monday, while an announcement that the company has been placed into administration expected later today or over the weekend.
Prominent land developer Nigel Satterley has predicted more pain to emerge from Perth’s apartments market, forecasting widespread price falls and more projects to fail as pressure builds on developers.