Dan Wilkie rejoined the Business News editorial team as Associate Editor in late 2018, after having spent the previous 18 months launching the now-defunct Australia China Business Review as founding editor-in-chief. While specialising in commercial and residential property writing, Dan also writes across industries and assists editor Mark Beyer in planning and producing Business News' daily emails, fortnightly magazine and website publishing. Dan is a graduate of Curtin University.
Gold explorer Nusantara Resources has secured finance to advance a development strategy for its Awak Mas gold project, with an $11 million capital raising backed by one of Indonesia’s leading energy companies.
Fresh data on Perth’s residential property market points to a long-awaited recovery in 2020, with sales activity tracking higher in the second half of 2019 and supply starting to tighten across in-demand suburbs.
Landlords and office tenants are continuing to set new standards for office accommodation, with an interior design-driven focus on amenity, comfort and flexible working arrangements increasingly becoming the norm across the city.
Malaysian developer SKS Group has submitted fresh plans for its long-awaited DoubleTree by Hilton proposal in Fremantle, nearly six years after its original proposal was approved by planning authorities.
Plans have been lodged to build a $100 million hotel, motel and apartments development on the beachfront in Jurien Bay, with a local private developer seeking to establish new levels of amenity for tourists visiting the Coral Coast.
Fresh forecasts have pushed any recovery in Western Australia’s embattled home building sector out another year, while concerns have been raised about the capacity of the state’s building sector to cope with a predicted increase in activity in civil and engineering construction.
Newly-listed property fund manager Primewest has added $45 million of new assets to its portfolio, with its newest fund acquiring a Coffs Harbour shopping centre and a logistics facility in South Australia.
Western Australia’s longest-running residential downturn is not a big concern for the founders of Limnios Property Group, because in 50 years of being involved in inner city property, the Limnios family feels like they have seen it all.
Local developer Sirona Capital will soon launch a marketing campaign for its $100 million Lyall Street Residences in South Perth, after winning approval to build on a site it has been seeking to develop for the last five years.
Two previously-rejected South Perth apartment proposals will be reassessed by planning authorities next week, with local developer Sirona Capital and a private Singaporean group scaling back their towers in efforts to win approval.
Fini Group has been given the green light to restore Shenton Park’s Victoria House, with the heritage-listed former hospital to become a retail and hospitality precinct which will be integrated with 81 new dwellings.
National trucking giant Linfox is providing a major test for the validity and robustness of local government policies requiring developers to contribute to public art to win approval for major projects.
Subiaco’s apartments market is running hot, with Blackburne racking up rapid sales success at its $280 million One Subiaco development and boutique developer Celtic Properties launching an 82-dwelling development on Roydhouse Street.
Contractors Georgiou Group, Ertech and Piacentini & Son have delivered a mixed bag of profit results in the 2018-19 financial year, with Ertech and Piacentini recording large improvements and Georgiou performing below expectations.
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.
Perth Airport is paving the way for Western Australia to have a tourism attraction of global significance, setting aside land to facilitate the development of the $510 million Australian Biome Project.