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Mitchell Crowe-Hardy

Gen Y driving high-density build

DEMAND for medium and high-density dwellings and a cosmopolitan lifestyle in the suburbs is growing, but residential developers warn that the high building cost associated with multi-storey developmen

Door opens for forecast gradual recovery in battered market

Property experts tell WA Business News forum they see signs of a more sustainable and realistic sector emerging in the state.

Mirvac to build tower

PROPERTY group Mirvac has adopted a new construction strategy for its 33-level office tower in central Perth, opting to build the tower itself rather than award a separate construction contract.

Bankwest has moves at new headquarters

Bankwest has joined the ‘free-form’ office revolution, with the launch this week of a technology-driven activity-based office as it settles into its new premises at Raine Square.

More lots in pipeline

THE state government has moved to rezone more than 100 hectares of land near Mandurah for residential development but developers say this just adds to the big queue of lots in the area held up by key

Fund targets Bullsbrook land

A HUB to service the oil and gas industry may result from the development of 430 hectares of industrial land in South Bullsbrook after the state government announced a planning amendment which include

Joint plan to develop big Innaloo site

Property developers FJM Property and Ascot Capital have formed a joint venture to develop a 2.3-hectare site in Innaloo, next door to the site where Georgiou Capital is about to start construction of

Central picks up failed rival, eyes new markets

Civil construction company Central Systems has expanded its business into the eastern states and the Northern Territory after acquiring the failed S&N Civil Constructions.

First land release at Elizabeth Quay

The state government is seeking developers to deliver a 400-room riverfront hotel and residential tower on the first land made available at Elizabeth Quay (see video fly-through).

ERA rejects Western Power proposal

The cost of electricity has doubled over the last five years and the Economic Regulation Authority’s decision to reduce Western Power’s proposed tariff increases shows promise in quashing 40 per cent

Home approvals sluggish

CONCERNS over new housing availability in Western Australia have grown after recent ABS figures revealed private sector housing approvals dropped 4 per cent last month, and have been on a downward tre

Slow progress on Scarborough redevelopment

THE Scarborough beachfront was the site this week for the signing of a tourism promotion and the unveiling of a hotel upgrade, but the long-awaited redevelopment of the area is still some time off.

State picks up $1.5m bill at Port Geographe

The Barnett government has picked up the $1.5 million annual bill to clean up the build up of sea grass at the failed Port Geographe canal and marina development near Busselton.

Wooldridges turns the last page

Schools supplier Campion Education has agreed to purchase the stock of one-time market leader Wooldridges, bringing to an end any hopes of reviving the Wooldridges business and delivering a return to

500 apartments planned for Claremont Oval

Claremont is set to have more than 500 apartments at the Claremont Oval site, continuing a recent trend of higher density western suburb residential developments.

Uranium players pin hopes on price recovery

Nuclear energy has been under a cloud since the Fukushima reactor disaster in Japan last year, uranium prices have remained well off their highs and public confidence in nuclear power is weak but uran

Pipeline slows as big projects near completion

Western Australia’s pipeline of significant non-iron ore projects is showing signs of a quick slowdown as construction of major projects is due to be completed by the end of next year.

Councils claim delays are not their fault

Local governments have claimed they are not to blame for a drop in building approvals in Western Australia since the introduction of the controversial Building Act in April.

Doric set for $118m Busselton hospital

Doric Contractors has been named as the preferred contractor for the $118 million construction of the new Busselton hospital, adding to its recent spate of contract wins.

Land sales lift but developers face hurdles

Perth has recorded a jump in land sales in the June quarter despite further signs developers are finding it increasingly difficult to bring land to a growing market.

Younger buyers eye small lots in top areas

NEW residential developments in the western suburbs are bringing small blocks, townhouses and small apartment buildings into a market traditionally dominated by large properties.

Design firms miss boom spoils

MANY of the state’s design firms are missing out on the positive flow-on effects of the resources sector into complementary industries.

200 homes planned for Wembley site

Development of a prime four-hectare property near Subi Centro is set to proceed after the state government and the Town of Cambridge resolved a 15-year dispute over how the proceeds would be carved up

Primewest pays $27m for top-end CBD sites

PERTH-BASED property developer and syndicator Primewest has bought 255 and 267 St Georges Terrace from national property group Stockland for $27.6 million.

Big deals and state-owned enterprises the defining features of Chinese investment

CHINA’S preference for deals at the bigger end of the investment spectrum may account for the high level of attention they receive at a political level.

Mature engagement vital as China trade develops

The nature of doing business with China is changing as our economies become more enmeshed.

Campion steps into the space left by Wooldridges

NATIONAL school supplier Campion has doubled its expansion plans in light of the gap in the market left by the collapse of major player Wooldridges last month.

Wooldridges creditors meeting results

Unsecured creditors of school supply business Wooldridges, which collapsed last week with $50 million in debt, are likely to receive less than 10 cents in the dollar.

Signs of life for housing

WESTERN Australia’s housing market has shown signs of recovery, with new home sales and building approvals increasing in the past two months. 

Campion swoops on Wooldridges fallout

School supplies company Campion Education is looking to capitalise on the collapse of its main competitor Wooldridges by opening new stores in Perth and hiring staff that have been made redundant.

Golden Rim and Peak announce share placements

West-Australian based explorers Golden Rim Resources and Peak Resources announced $2.54 million and $5.5 million share placements, respectively.

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First land release at Elizabeth Quay

The state government is seeking developers to deliver a 400-room riverfront hotel and residential tower on the first land made available at Elizabeth Quay (see video fly-through).

Perth Airport to raise US$300m for expansion

A US$300 million private placement has been offered by Perth Airport to US investors to help fund part of its $750 million airport expansion, a necessary extension the airport needs to cope with growi

New Alkimos coastal development launched

Ocean Reef MLA Albert Jacob launched the first stage of the Alkimos Beach development, the largest development in the north-west corridor in 50 years.

Wooldridges turns the last page

Schools supplier Campion Education has agreed to purchase the stock of one-time market leader Wooldridges, bringing to an end any hopes of reviving the Wooldridges business and delivering a return to