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. Dan left Business News in 2017.
Singapore-listed property developer Oxley Holdings has embarked on a mission to get a foothold in Australian property, acquiring 40 per cent of local development and construction group Pindan for $32 million.
Telstra’s administrative headquarters on Stirling Street has been sold and the new owner, a private equity player from China, plans to redevelop it into a 500-bed student accommodation facility, the second such proposal for the area.
Plans for what would become Perth’s tallest building have been lodged for approval, with Singapore’s Fragrance Group seeking to build a 62-level, 485-room hotel at St Andrew’s Church on St Georges Terrace.
A South Perth resident group claims a Court of Appeals decision to uphold the quashing of a development approval on Mill Point Road confirms the original intent of the suburb’s town planning scheme, but the developer behind the proposal says the judgement only highlights problems with development guidelines in the area.
Prices in one of Perth’s newest residential enclaves, The Springs at Rivervale, are holding value better than apartments across the wider Perth metropolitan area, despite concerns of excess supply restraining capital growth.
Hotel and resorts operator Mantra Group has been confirmed as the partner for a new property at 900 Hay Street by local developer George Atzemis, following the opening earlier this month of Mantra's new Peppers Hotel opposite Kings Square.
Western Australia's declining residential building sector will bottom out by next year, however the state government's official forecaster says the speed of any potential recovery beyond 2016-17 would be difficult to predict.
China-backed developer Zone Q Investments’ plans for a South Perth apartment tower on MIll Point Road have been rejected for a second time by planning authorities, as uncertainty over the suburb’s town planning scheme puts a cloud over future development.
Developer Sirona Capital says it is keen to build on and enhance the fabric of Fremantle, after the state government confirmed it would shift three agencies to the port city today, paving the way for a $250 million-plus redevelopment of King’s Square.
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.