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Katie McDonald

Katie McDonald is the property writer for Business News. Katie joined the team in 2016, covering the community and arts, education and science sectors before taking on the property round in 2017. At the 2017 WA State Media Awards Katie was a finalist for the Best Cadet/New Journalist award and took out the top prize for the Best Culture and Arts Report, which she also won in 2018. Katie completed a bachelor of commerce at the University of Western Australia in 2015 with a double major in marketing and english studies. 

Industry welcomes HomeBuilder scheme

The federal government has launched a new $25,000 HomeBuilder grant, to go towards new builds or renovating an existing home, as the state government prepares to announce its own package in coming days.

Can isolation inoculation hold for apartments?

Western Australia’s property developers hope the physical isolation that has helped mitigate the worst of COVID-19 in this state will also insulate the local apartment market from a contagion of a different kind.

Development WA releases industrial land

DevelopmentWA has announced plans to expand an industrial estate in Perth’s northern corridor, putting several lots on the market.

BGC reports $107m loss for FY19

BGC Australia has reported a net loss of $107 million on revenue of $974 million in the year to June 2019, as the group continues its major restructure.

Fini to create new Leederville hospitality hub

Adrian Fini-led FJM Property has unveiled plans to redevelop the Leederville Hotel and laneway into a multi-venue food, drink and entertainment precinct that will link with the new headquarters for Dale Alcock's ABN Group.

Getting back to the office

Stringent cleaning measures and discounted parking are among the initiatives rolled out to lure workers back to the CBD.

Hay Street Mall building sold for $2.9m

Colliers International has sold a property in the heritage-listed Gledden Building on Hay Street Mall to an overseas buyer for $2.9 million.

Klen International HQ sells for $5.2m

A Wanneroo building tenanted by manufacturing company Klen International has sold for $5.2 million, following a private treaty campaign run by Ray White Commercial.

Pandemic a roadblock to housing recovery

The state’s property market was on the cusp of recovery pre COVID-19 according to CoreLogic, which recorded four consecutive months of Perth dwelling value increases in early 2020 – the longest stretch of capital growth since 2014.

Pandemic sparks logistics rethink

The recent panic buying of essential goods and increase in delivery services could have a lasting impact on Perth’s industrial property sector.

Finbar brings sales in house

ASX-listed apartment developer Finbar Group has established a new business division, appointing an in-house sales team led by former Knight Frank head of residential Western Australia Neil Kay.

Planning, approvals set for overhaul

The state government has introduced a package of planning reform measures that include streamlining approvals for 'significant' developments, with the aim to boost economic recovery.

Progress on seniors living projects

Aged care and retirement living service providers are pushing ahead with property developments, but say COVID-19 could have a lasting impact on the sector.

Australia Post secures extra space

Australia Post has leased 11,000 square meters across two industrial properties in Perth off the back of increased demand for essential goods, with the deals brokered by JLL.

City approves $140m CBD towers

Revised plans for two new towers at the old Emu Brewery site in Perth have officially been given the green light, following the City of Perth Local Development Assessment Panel’s recommendation for approval by absolute majority last week.

Full occupancy at Brookfield Place Tower 2

Brookfield Properties has filled its last vacancy at 123 St Georges Terrace welcoming global recruitment firm Robert Walters on a seven-year lease, the deal settling at a time when Perth’s commercial market faces some uncertainty.

Ventura now under BGC Housing banner

BGC Australia has taken its second major step to consolidate its residential businesses, announcing the merger of the BGC Housing Group and Ventura Home Group.

Hospitality hungry for recovery

Perth bar and restaurant operators are looking forward to reopening, but hope further easing of restrictions will be on the menu soon.

Designing an economic recovery

Architects are hoping the government will consider a series of targeted initiatives to stimulate the economy as attention shifts to COVID-19 recovery plans.

Finding the right retail therapy

As shops across WA begin to reopen as social distancing restrictions ease, retail property owners are starting to reflect on the health of their assets.

Mair in $24m commercial property move

Western Australia-based Mair Property Funds has bought a West Perth property and an office in Victoria, for $10.6 million and $13.9 million respectively.

Unis plan to accommodate post virus

International border closures could crack the foundations of WA’s student accommodation sector, but operators remain optimistic as projects progress.

The Old Brewery pours its last round

Fraser's Restaurant Group has announced it won't be reopening The Old Brewery on Mounts Bay Road once COVID-19 social distancing restrictions are relaxed, surrendering its tenancy to head lease owners Minderoo Group.

Developer pushes back on Point Grey marina

Tian An Australia says it’s committed to progressing its 300-berth marina after the Shire of Murray knocked back its proposal late last month, with the developer claiming the Shire has taken “unorthodox action” in regards to a planning amendment.

Pindan awarded almost $20m of NSW work

Perth-founded property group Pindan has added to its growing presence on the east coast with two design and construct contracts in NSW.

Architects push for property stimulus to boost economy

The Australian Institute of Architects is calling on governments to drive targeted initiatives that could stimulate the property sector, helping to accelerate economic recovery from COVID-19.

Property Deals

August property deals.

High-tech, sustainable, future-proofed apartments

Owner-occupiers and investors increasingly look for technology and sustainability features when making apartment purchases.

Profit growth for Peet

Property developer Peet has reported an increase in net profit after tax for the 2018 financial year, entering FY19 backed by a state government contract for a 220-hectare landholding in Brabham, near the Swan Valley.

Perth house prices rebound

North Fremantle, Claremont and West Leederville are among 12 Perth suburbs to record a growth in house price after experiencing price falls last year.

Alcock, Fini in development Mode

Two of Western Australia’s property industry leaders, Dale Alcock and Tony Fini, have teamed up to deliver a 20-home development targeting the ‘missing middle’ in Perth’s residential market.

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Perth house prices rebound

North Fremantle, Claremont and West Leederville are among 12 Perth suburbs to record a growth in house price after experiencing price falls last year.

Cedar named 40under40 First Amongst Equals

Gumala Aboriginal Corporation executive officer Jahna Cedar has been named the 2017 Business News 40under40 First Amongst Equals, taking the top honour ahead an impressive field of Western Australia’s young business and community leaders. 

Stockland strikes $91m deal

ASX-listed property group Stockland has invested $91 million in the purchase of more than 4,600 residential lots across three metropolitan corridors in Perth, comprising a total 385 hectares of land.

Perth house prices tipped to grow by 2020

Perth’s house prices are forecast to grow by 3 per cent over the next three years, according to QBE Insurance Group’s latest Housing Outlook Report for 2017-2020.

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First project for Roy Hill foundation

The recently established Roy Hill Community Foundation has launched its first initiative at a primary school in Port Hedland, after securing $10 million in commitments.

Awards connects artists with business

The Perth office of global law firm Clyde & Co has continued its commitment to local artists with the announcement of a winner in its annual art project.

Bale sale beefs up fire recovery funds

A bale of hay that survived the recent fires near Myalup, north of Bunbury, has proved a valuable catalyst to efforts to restore the communities affected by the disaster.

Colour at core of new Bravo apple’s appeal

A balancing act between the science of plant breeding and consumer preferences has produced a new apple variety, developed in Manjimup, in WA’s South West.