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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. 

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.

MRA backs $14m timber hotel

A proposal for the state’s first timber high-rise building, to be located on the corner of Beaufort and Newcastle streets, has been given the green light by the Metropolitan Redevelopment Authority.

Iacomella to depart Property Council

Lino Iacomella will step down from his role as Property Council of Australia WA executive director later this month after two years in the position.

Fini adds to Freo sustainability

Several alternative approaches to tackling housing affordability are taking shape across Fremantle, with social enterprise Nightingale Housing one step closer to actualising its Wood Street project with its recent launch of presales.

GDI lifts valuation on Perth office tower

Nine months after GDI Property Group settled its acquisition of A-grade commercial tower Westralia Square the building’s valuation has increased by $38.75 million, an encouraging sign for the Perth office market.

Home prices continue to fall

Perth's dwelling prices suffered another drop in the month to June down 0.5 per cent, with units continuing to suffer larger falls compared to houses.

Hawaiian adds to property portfolio

Hawaiian has expanded its shopping centre footprint, finalising its $22.7 million acquisition of the Newpark Shopping Centre in Girrawheen.

Optus Stadium takes design honours

Design firms HASSELL, Cox Architecture and HKS have received plaudits for their work on Perth’s Optus Stadium at the 2018 WA Architecture Awards, with the sports and entertainment precinct winning the top accolade and prizes in four other categories.

$50m William Square makeover complete

Private real estate and investment firm Warrington Property has completed its $50 million redevelopment of the William Square office building in Northbridge, and has appointed agents to lease the remaining vacant space.

SPH builds opportunity on gender diversity

SPECIAL REPORT: SPH Architecture + Interiors is an industry leader in terms of workplace diversity, with its share of women employees well above the construction sector’s participation average of about 11 per cent.

Vanguard expands its repertoire

SPECIAL REPORT: In 2014, Daniella and Matt Papa opened the doors to a new performing arts studio with just eight students on their books.

Veris tops Rising Stars

Perth-based ASX-listed company Veris outshone a quality field to be named the overall winner at the 2018 Business News Rising Stars awards held last night. It was one of nine organisations to win an award on the night.

Iconic Scarborough gets the go ahead

Following the rejection of an initial proposal late last year, the Metropolitan Redevelopment Authority has given 3 Oceans Property the green light to progress its twin-tower mixed-use development on the corner of West Coast Highway and Scarborough Beach Road.

MercyCare adds child care centres

Not-for-profit community services provider MercyCare has purchased five early learning centres from private operator Acacia Hill Childcare for an undisclosed sum, doubling the group’s existing sector portfolio.

Aegis facility revitalises heritage site

Sitting empty for three decades, the old Swanbourne Hospital site has been given a new lease of life, reopening as a high-end aged care residence and function venue.

Iconic Scarborough on the cusp of approval

A key government advisory body has recommended the Iconic Scarborough twin-tower project be given the green light when the Metropolitan Redevelopment Authority board meets tomorrow.

Yolk to transform Champion Lakes

Yolk Property Group, in partnership with Southern Cross Care, will develop one of the last remaining sites at the Metropolitan Redevelopment Authority’s Champion Lakes residential development, with plans for more than 100 new dwellings along with a wellness, aged care and retirement precinct.

Moody's tips Perth house price recovery in 2019

Perth’s house values will decline for another year but are tipped to recover in 2019, a report released today has found, conflicting with an ANZ analysis from earlier this week that predicted further house price falls for the state in the next two years.

BGC hotel assets on the market

BGC Australia has kicked off its asset sale program with the listing of the recently completed Westin Perth and Aloft Perth hotels, along with an adjoining commercial office building in Rivervale, a CBD development site and a neighbouring food and beverage precinct.

Sandover Pinder to connect with clients as Carabiner

After more than two decades as Sandover Pinder, the local architecture firm has changed its name to Carabiner – a rebrand its directors say better reflects the business as the link between clients’ needs and good design.

Perth house prices continue to fall

The latest data from the Australian Bureau of Statistics shows Perth’s house prices are down on the last quarter, while the ANZ is forecasting further house price falls for the state in the next two years.

Perth plays catch-up on student accommodation

The latest uptake of CBD-based projects could provide the shot in the arm Perth needs to boost international student numbers.

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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.