Peter Kermode

ANNIVERSARY SPECIAL: A return to its original branding is indicative of construction veteran Multiplex’s standing in the WA marketplace and solid client relationships. This article is part of a special series to mark Business News' 25-year anniversary.

Mineral sands hopeful Diatreme Resources has released a positive definitive feasibility study for its Cyclone zircon project, located in the Eucla Basin in Western Australia.

AMP Capital will begin a long-awaited $800 million development at Karrinyup Shopping Centre next week, increasing the size of the centre from about 60,000sqm to almost 110,000sqm.

BGC Australia has agreed to sell the Aloft Perth hotel and associated office development in Rivervale to Singapore-based Hiap Hoe Ltd for $100 million, but is still chasing a buyer for a second, larger hotel it developed, The Westin Perth.

LandCorp and the Metropolitan Redevelopment Authority have combined to release more than 150 lots of commercial, residential and industrial land across Perth and regional Western Australia, which could generate up to $1.3 billion in development opportunities.

The McGowan government is facing renewed pressure to reconsider its proposed foreign investor surcharge, and its removal of the $5,000 first homebuyers boost.

SPECIAL REPORT: Commercial property player and Perth’s biggest landlord, Brookfield, is building on its success across the city with big plans and a strategic focus.

In the latest property deals wrap, Woolworths makes a $27 million sale, while Sirona Capital spin-off Harvis Corp and US private equity firm Black Mountain Metals have leased office space in the Perth CBD.

Federal Labor’s proposed changes to negative gearing and capital gains tax would hit Western Australia’s residential building sector at a time it is already reeling, according to economic modelling commissioned by Master Builders Association.