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Dan Wilkie

Dan Wilkie rejoins the Business News editorial team as Associate Editor, after having launched 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.

Perth on institutional investors’ radar

Commercial property in Perth is emerging as a value proposition for national investors as east coast markets pass their peak.

Perth property primed for investment: JLL

Perth’s residential market will be challenging in the short term, but fresh research shows the city is ripe for investment as the Western Australian economy continues to improve, new housing supply continues to slow, and dwellings remain affordable compared to other markets.

Saudi group settles Nicoletti farmland deal

Saudi Agricultural and Livestock Investment Company is expected to invest heavily in a livestock and grain production operation in Western Australia’s Wheatbelt, after settling on its acquisition of a 200,000-hectare parcel of land bought from the Nicoletti family.

Buying surge hits apartments

Confidence is returning to Perth’s apartment sector, with a surge in sales motivating developers to advance new projects, driving the highest level of approvals in the past three years.

Budget growth measures to boost housing affordability

Treasurer Josh Frydenberg’s budget has been welcomed in the building and construction sector, with the Housing Industry Association saying its new initiatives will have a positive effect on housing affordability and the Master Builders Association saying it will promote economic growth.

Perdaman spends $20m on The Village at Margs

Vikas Rambal’s Perdaman Industries has continued its march on retail property, adding a third shopping centre to its portfolio through the $20 million acquisition of The Village at Margs.

Community engagement key to eliminate NIMBYs

Conflict and controversy surrounding ambitious or large-scale developments can be best avoided by involving the community at all stages of the planning process, according to new analysis of some of Perth’s most historically contentious projects.

Tourism marketing efforts boost holiday visitors

Western Australia recorded its highest-ever number of international holidaymakers in 2018, but total spending from international visitors declined slightly over the year, as fewer people took working holidays or visited friends and relatives in the state, according to Tourism Research Australia.

$650m plan to showcase indigenous culture

A $650 million development proposed to be built on the Burswood Peninsula promises to solve the fundamental problem with Western Australian tourism by bringing the state’s most unique indigenous experiences and natural attractions to the inner city.

Indigenous tourism a rich opportunity

An authentic indigenous cultural centre could be a key element in the revival of Western Australia’s ailing tourism sector, providing a unique attractor for interstate and international visitors, a recent forum has heard.

Stadium drives AFL revenue surge

Western Australia’s new home of football has helped make the West Coast Eagles the biggest earner in the AFL, while also providing a solid boost to the Fremantle Dockers’ revenue.

Industrial land rebound under way

Industrial assets across Perth have become increasingly sought after, with plunging vacancies expected to accelerate sales activity throughout 2019.

Lendlease industrial fund acquires second WA asset

Lendlease’s Australian Prime Property Fund Industrial has added a second Western Australian property to its portfolio, investing $4.1 million in an industrial property in Gnangara’s Northlink Industrial Park.

Finbar in property management move

Apartments developer Finbar Group is moving into property management, a move described by managing director Darren Pateman as the most significant addition to the ASX-listed firm in 24 years.

Warrington spends $18.25m on St Georges Terrace asset

Warrington Property has made its second major Perth acquisition of 2019, paying $18.25 million for the office building at 179 St Georges Terrace.

SMEs join suburbs to CBD office flight

Small to medium enterprises have joined the unrelenting migration of firms moving from the suburbs to Perth’s CBD, with affordability in the central city office market described as unprecedented.

Far East’s Perth projects raise bar

Residents will start moving into Far East Consortium’s premium apartments project The Towers at Elizabeth Quay before the end of the month, with the Hong Kong-headquartered developer shifting focus to its Perth Hub at Perth City Link as its Ritz-Carlton Hotel also nears completion.

Pindan wins $70m aged care build

Aged care group Rosewood has appointed Pindan for its latest build, a $70 million facility to be built on Cleaver Street in West Perth that will include a restoration of the heritage-listed Florence Hummerston Lodge.

Town planning evolution puts emphasis on place

An emphasis on placemaking has driven an evolution in town planning across Western Australia as developers and landowners strive to achieve a point of difference through activation and engagement.

Funding boost narrows gap in tourism marketing spend

Premier Mark McGowan and Tourism Minister Paul Papalia have unveiled a $12 million spending boost for tourism and events marketing, but there remains a gap between Western Australia’s total tourism budget and those of the big-spending eastern states.

Quadrant lease deals follow suburbs-to-CBD trend

Leasing success at The Quadrant on William Street has continued a trend of city fringe and suburban tenants moving to the Perth CBD, while options for firms with large space requirements have become increasingly scarce.

Hotel room rates, occupancy flagged to fall in 2019

Perth’s hotels market has been tipped to be one of the weakest in the country in 2019, with average room rates, occupancy and revenue per room all forecast to fall during the next 12 months.

Golden Group unveils first stage of Belmont Park

Plans for the first stage of Golden Group’s $3.8 Belmont Park development precinct have been lodged for approval, with the first two buildings comprising residential towers of 32 and 27 storeys.

CoreLogic tips 2020 floor for house prices

Residential property values in Perth are likely to continue to fall throughout 2019 before bottoming out in 2020, according to CoreLogic analyst Cameron Kusher, continuing the longest and largest price correction in the city’s history.

Aged care to bolster builders’ books

Builders are pivoting their focus to WA’s aged care sector to insulate from downturns in other parts of the construction business.

Remote health fix key in Mann’s world

40under40: Building a pharmacy empire in the north of the state is simply a by-product of Hannah Mann’s determination to make a positive impact in remote health.

Mustera mulling options after Applecross knock-back

Mustera Property Group is considering whether to lodge an appeal with the State Administrative Tribunal after its $105 million Forbes Residences proposal in Applecross was rejected by planning authorities.

Perth property to ride out slump on economic cycle

Perth’s property sector appears poised for gradual recovery after one of its most challenging downturns in recent history.

Reiwa calls for stimulus shift

Western Australia’s peak residential real estate body is urging the state government to provide a stimulus boost for first-time buyers of established homes to address oversupply of properties across the metropolitan area.

Choice drives LandCorp infill push

SPECIAL REPORT: LandCorp has a busy 2019 ahead of it as it pursues precinct development in some of Perth’s most desirable suburbs.

Amex rebrand the latest in shifting landscape

SPECIAL REPORT: After operating for more than 30 years as Amex Corporation, Okeland Communities has embraced its family history by rebranding.

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MBA takes a positive view amid collapses

Two more builders have gone bust as the transition from all-time highs of activity continues.

Local builder goes bust after watchdog warning

Mount Hawthorn-based builder Talbot Le Page Homes has been placed into administration, just more than a month after the Building Commission warned consumers over its financial capacity.

Builton close to collapse

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.

Perth builder goes bust

Home building companies Freelife Homes and Visionaire Homes, both divisions of Capital Works Constructions, have been placed into voluntarily administration, leaving more than 300 customers unsure whe

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Satterley stirs apartments debate

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.

Gillard and Swan remain after challenge evaporates

Prime minister Julia Gillard and her deputy Wayne Swan will continue in their jobs, after no competing candidates entered the leadership ballot called in Canberra today.

South Perth high-rise stoush builds

The ongoing battle over high-density development in South Perth has stepped up a notch in recent weeks.

$650m plan to showcase indigenous culture

A $650 million development proposed to be built on the Burswood Peninsula promises to solve the fundamental problem with Western Australian tourism by bringing the state’s most unique indigenous experiences and natural attractions to the inner city.