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Peter Kermode

Peter Kermode has reported finance and property news for state and national newspapers. He has held senior corporate affairs positions at various major companies and institutions.

Charter Hall buys Optima Centre in Osborne Park

Charter Hall has bought the Optima Centre office park in Osborne Park for $126.2 million and will hold the asset across two of its investment trusts.

Low-income, older renters face hurdles

Two fresh studies warn vulnerable renters are locked out by structural challenges in the market.

Neil Hamilton to chair BGC Australia

BGC Australia has appointed three high profile independent non-executive directors to help advise the family-owned business empire as it enters a global sale process.

Property deals wrap

In the latest property deals wrap, three sites are on the market, including Aldi in Wattle Grove, 675 Murray Street and a 20-hectare slice of land in the Shire of Serpentine Jarrahdale, while an industrial site in Welshpool recently sold for $2.8 million.

Shopping centres’ big sales

Several major deals in recent months mark a surge of activity in the shopping centre space.

CBD pressure pinches suburbs

The high rate of vacant CBD office space, and incentives on offer, continue to pressure landlords in near-city locations.

Solder knows the way to San Jose

One of Cisco’s earliest employees in WA has risen through the ranks to play a major role in the group’s California headquarters.

HIA tips WA house building recovery

The Housing Industry Australia has forecast an 8.6 per cent increase in WA’s house building starts in 2019 after four years of declining activity, on the back of positive house building and sales numbers.

Chevron turns the quay on new building plans

Chevron Australia has given the green light to a purpose-built tower at Elizabeth Quay, lodging a development application for a 30-level building for lot seven of the precinct.

Vicinity opens Perth DFO

Vicinity Centres’ first direct factory outlet in WA features 24,000sqm of retail across 113 tenancies and a 1,600-bay car park.

Macquarie Bank and Wood plc commit to former Woodside HQ

Real estate investment trust Dexus has filled more than half of 240 St Georges Terrace – the Woodside Petroleum building – with Macquarie Bank and engineering group Wood plc committing to about 22,870 square metres of space at the tower.

Passion, advocacy key for Gelavis

SPECIAL REPORT: Appointed to lead the MBA in WA just last month, John Gelavis brings a focus on effective communication to the role.

Technology links homebuyers with developers, builders

SPECIAL REPORT: New technology now available in WA uses an algorithm to match appropriate builders to specific blocks of land.

Builders feel pinch as home starts fall

SPECIAL REPORT: The WA residential builder market remains well down from its 2013 highs, despite homes becoming more affordable.

WA housing starts fall 8%

A depressed Western Australian housing market has hit residential builders, with the number of housing starts dropping by more than 1,500 in the 12 months to June 30, according to figures released by the Housing Industry Association.

Metronet to connect with urban amenity

The state government will leverage its Metronet program to drive development of urban density in Perth.

Walk tours an experience, not a destination

SPECIAL REPORT: When Ryan Zaknich started his Perth walking tours business Two Feet & a Heartbeat 11 years ago, one of his featured routes incorporated stops at each of the city’s small bars - all three of them.

Private builds for foreign students

SPECIAL REPORT: Accommodation groups are betting on international students returning to Perth.

Room choice here to stay

SPECIAL REPORT: Perth’s hotel capacity has increased by about 30 per cent since 2012 and Business News has identified a further 3,150 rooms that are either under construction or committed, as the city’s hotel sector is transformed.

Government sells WA to the world

SPECIAL REPORT: The state government is spearheading programs to build interest in WA as a preferred leisure destination within Australia and overseas.

Regus takes space at new Raine Square office

International serviced office provider Regus is close to finalising a lease for new office space at Raine Square, being developed by Charter Hall Group.

Finbar buys out Harmony partner

Apartment developer Finbar Group has bought the final stage of the Symphony City development site in East Perth from its joint venture partner Ventrade Australia for $4.5 million.

State government talks up strata reform, Metronet

The state government is negotiating with the Liberal and National parties to facilitate the upper house passing its proposed strata reform legislation.

Access key at Linc industrial estate

Mining services, logistics warehousing and food services firms are boosting demand for industrial property.

Airport precinct a major player

Jobs growth at Perth Airport was three times that of the CBD between 2011 and 2016 as property development in the area expands.

Jaxon targets growth at 60 years

Jaxon has re-emerged as a major contractor in the Perth market with big plans for the near term after six decades in the business.

Perth housing affordability improves: CoreLogic

Housing affordability in Perth continues to improve, according to a report from CoreLogic.

Landowner, WAPC in valuation fight

The Western Australian Planning Commission is weighing its options after losing a recent appeal against a Board of Valuers’ decision.

The Village Margaret River on the market

Sirona Capital has engaged Colliers International and CBRE to offer its 5,706 square metre shopping centre in Margaret River to the market.

Cockburn terraces at Mojo a go go

The first stage of the Mojo Urban Living estate in Cockburn Central North was launched last week, offering the first terrace-style homes in the area.

Office sublease space ticks up

The first increase in Perth’s office sublease space in almost three years is an indication of growing confidence in the market, according to CBRE.

Most-read

Neil Hamilton to chair BGC Australia

BGC Australia has appointed three high profile independent non-executive directors to help advise the family-owned business empire as it enters a global sale process.

Chevron turns the quay on new building plans

Chevron Australia has given the green light to a purpose-built tower at Elizabeth Quay, lodging a development application for a 30-level building for lot seven of the precinct.

WA housing starts fall 8%

A depressed Western Australian housing market has hit residential builders, with the number of housing starts dropping by more than 1,500 in the 12 months to June 30, according to figures released by the Housing Industry Association.

Landowner, WAPC in valuation fight

The Western Australian Planning Commission is weighing its options after losing a recent appeal against a Board of Valuers’ decision.

most commented

Metronet to connect with urban amenity

The state government will leverage its Metronet program to drive development of urban density in Perth.