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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. 

Far East gets the Minister’s tick for $158m project

Planning Minister Saffioti has approved Far East Consortium’s plans for a two-tower development adjacent to the Perth Arena, with one tower to house the Dorsett Hotel.

Lester Group creates new seniors’ community

Local property investor and developer Lester Group has unveiled plans for a new 186-home seniors’ lifestyle community called Edenlife Australind, within its Kingston residential estate in the south west.

Gelavis to lead MBA, Hailes leaves UDIA

Property executives John Gelavis and Allison Hailes have both left their respective roles this week, with Mr Gelavis selected to head the Master Builders Association of WA.

Brand’s new tourism division to corral the ‘complex beast’

The Brand Agency has launched a destination marketing division, headed by former Tourism WA chief executive Gwyn Dolphin.

MGroup’s Monument moves at Beeliar

Integrated property business MGroup has added another string to its bow with the launch of a new land development brand – Monument.

Perth office vacancies continue to fall

The worst may be over for Perth’s office market, with the latest statistics pointing to another fall in vacancies, dropping slightly from 19.8 per cent to 19.4 per cent in the six months to July, according to the Property Council of Australia’s mid-year office market report released today.

Carousel’s $350m revamp reveal

Scentre Group is set to lift the curtain of its $350 million Westfield Carousel redevelopment at the end of this month, which will feature a new rooftop dining and entertainment precinct as well as an additional fashion mall, anchored by David Jones.

Flinders Square sold for $39m

ASX-listed property group Vicinity Centres, which is looking to sell six shopping centres in WA, has exchanged contracts with a private Australian property syndicator for Flinders Square in Yokine.

New hotels offer diverse art canvas

The city’s pipeline of hotel developments is providing immense opportunities for local artists and art dealers.

Eglinton properties hit the market

Two large englobo sites, ripe for residential development and comprising 171.7 hectares in Eglinton, have been listed for sale.

Architectus has designs on Perth

Western Australia’s improving economic outlook was a driving factor behind the decision by national design firm Architectus to open a Perth office, headed by former Woods Bagot executive Mark Mitcheson-Low.

Office market upside

Questions over the stability of Perth’s office market have dogged the sector of late, but signs of an uptick in sentiment are emerging.

New wine venue a natural choice

A local natural wine aficionado is hoping he can educate and develop the palates of Perth with his new bar-cum-liquor store Wines of While.

Hassell selected for $17m regional project

Design firm HASSELL has been appointed as the architects for the new $17.8 million South Regional Tafe Esperance campus, with planning and design works now under way.

Work to start on $15m Rockingham revamp

Civil engineering contractor Ertech has been chosen to deliver the first stage of the City of Rockingham’s plans for a $15.7 million revitalisation of its foreshore precinct, with construction to start on Monday.

Works starts on $90m aged care precinct

Broad Construction has commenced building works at Hall & Prior’s $90 million planned community Karingal Green, a new aged care precinct set to provide 160 beds, health and wellness hubs, as well as research and training facilities.

Mining, tourism partner in new initiative

The Perth Mint, Go West Tours and Newmont Mining have teamed up to showcase the state’s gold production process as a new guided day tour, unveiled by the Premier Mark McGowan this morning.

Finbar lifts profit guidance

Apartment developer Finbar Group has lifted its net profit expectations for the 2018 financial year as a result of what it says are improved market conditions and project settlements.

Optus Stadium tops industry awards

Optus Stadium’s awards winning streak continued over the weekend when it was acknowledged in different categories at two events held in Perth.

Big raps on micro-house

Local architect Kate Fitzgerald is winning converts to her plans for sustainability driven micro-lot house design.

SAT sides with Como Hotel developer

Woolworths subsidiary ALH Group has had a win in the State Administrative Tribunal this week over its plans to develop a Dan Murphy's liquor store as part of its Como Hotel redevelopment, following a multi-year saga involving liquor licensing and the City of South Perth.

Growthpoint puts $91m into Perth office market

Listed investor Growthpoint Properties Australia has struck a deal to buy a Wellington Street office building, the latest deal off the back of a healthy sales pipeline for Perth’s commercial office market.

West Perth digging itself out of a hole

Demand for office space in West Perth has fluctuated widely with commodity prices and the mining sector’s fortunes but the suburb is now attracting interest from diverse industry sectors.

Chinese investor in $19m play for Kelmscott Plaza

A private Chinese investor has made its first move in Perth’s property market, purchasing Kelmscott Plaza Shopping Centre for $19 million.

Lifting Perth’s lagging land sales

Growth in population and jobs are two factors that will lift the volume of residential greenfields land sales, a recent industry event has heard.

Fragrance gets the go ahead for $180m CBD twin-tower

Singapore-listed Fragrance Group is one step closer to realising its $180 million vision for a two-tower hotel-cum-office and residential development in the CBD’s west end, with the City of Perth giving the project the green light.

Enriching aged care options

Legislative changes and a shift in service expectations have provided the ideal platform for a major Western Australia-based national aged care provider to launch its rebrand.

Sotheby’s markets Taj to the world

A Peppermint Grove property once home to the infamous ‘Taj on Swan’ is set to go under the hammer, with the owners recently engaging Sotheby’s International Realty to run a global sales campaign.

WA to lead residential property recovery

Sentiment towards Western Australia’s housing market fell during the second quarter of 2018 but the state is expected to lead the country for residential property capital growth over the next two years, according to a survey of industry professionals.

Lester to recycle capital in WA

Western Australia-based developer and investor Lester Group has ridden the wave of a strong east coast property market and is now seeking more opportunities closer to home.

Pindan secures regional housing contract

The state government will transfer land in Westonia to the Central East Aged Care Alliance as part of its initiative to boost seniors’ accommodation across the Wheatbelt region, with Pindan awarded the tender for the design and construction of 72 new dwellings.

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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.