Tracey Cook

Putting heritage in its place

Both sides of the heritage argument are passionate in their views. WA Business News recently gathered some of the key heritage players together to discuss a raft of heritage issues, and maybe find some solutions. Tracey Cook reports.

ING in talks on Armadale

ING Real Estate is planning a $45 million redevelopment of its Armadale Shopping Centre, expanding the regional centre from its current 20,000 square metres to 30,000sq m.

Rights and certainty critical

THE erosion of property rights and lack of certainty were the two main problems identified by participants in the WA Business News heritage forum.

Getting compensation right

IN a an unprecedented move the Heritage Council last month offered to make up a $150,000 profit shortfall to the developer of the controversial Court Hotel project if part of the Beaufort Street building was retained in the planned residential and retail

Dispute over redevelopments

MANY of the participants in the recent WA Business News heritage forum considered the State Government’s implementation of planning authorities to be a double-edged sword.

A shared passion for heritage progress

THROUGHOUT the WA Business News heritage forum it was evident participants shared a passion to move the heritage debate forward and seek out real solutions.

Hale faces new money woe

TEN years on from its last financial scandal exclusive Wembley Downs boys college, Hale School, has called in the police and auditors to investigate allegations of a funds deficit linked to its former director of finance and governance.

Coastal council concerns

STATE Government moves to implement a Coastal Planning and Coordination Council to determine appropriate development along the coast has received a mixed reaction from local government authorities.

Evans & Tate targets water use

MARGARET River wine producer Evans & Tate this week announced a sponsorship deal for its Margaret River Action Plan, also known as the Shorehaven Project.

Crawley project succeeds

THE recently launched Cygne Crawley Edge apartment project has proven to be an early success in the Perth market, revealing that demand for premium apartments remains sound.

Fire safety concerns ignited

CONCERNS about the fire safety standards in some Perth nightclubs and other high-risk public buildings have prompted the City of Perth to consider establishing a risk management strategy to ensure building owners comply with current standards in the Build

Merged business to the target top end

WESTERN Australian-based multi-platform real estate agency Asset Domain has merged with Dempsey Real Estate to create an integrated real estate company specialising in the top-end property market.

Industrial property sector emerges from its slumber

AFTER a decade of stagnation the industrial property market is experiencing a strong upturn and rental growth is tipped to be on the horizon.

Heritage comes at a cost

THE City of Perth has launched a program of financial incentives to encourage conservation of heritage places.

CBH site to be reborn

IN a move that will take advantage of the strong demand for office accomodation in West Perth, new owners of the former CBH headquarters plan to extensively refurbish the property as part of a multi-million dollar redevelopment of the site.

Westpoint loan action

PARAGON Apartments is still causing headaches for millionaire property developer Norm Carey and his development company, Westpoint.

Construction peak in 2007: BIS Shrapnel

A NEW report from BIS Shrapnel has forecast strong construction levels over the next three to four years, peaking in 2006-07.

Strategic move to 141 from AIE

ONLINE stockbroking firm and provider of complementary financial services, Australian Investment Exchange, formerly known as Sanford Securities, will relocate into the former Hartleys tenancy at 141 St Georges Terrace.

Finbar’s early launch

IN what will be a test of strength for the Perth apartment market, property developer Finbar is launching its $80 million joint venture apartment development in the popular riverfront Terrace Road precinct.

Quest for Kimberley travel

IN a move to capture a greater share of the burgeoning Kimberley tourist industry, wilderness adventure cruise company, Pearl Sea Coastal Cruises, has launched its second multi-million-dollar cruise s

Clough’s short-list conumdrum

PERTH-BASED engineering and construction giant Clough Ltd has not included any existing buildings in its short list for office space between 12,000 square metres and 14,000sq m  in Perth’s commer

Policy shift hits apartments

CHANGES to the national policies on investment in inner-city apartments by major banks and mortgage insurers is proving to be a hurdle for Perth’s growing apartment market.

Mirvac Fini buys in to the Maylands market

PROPERTY developer Mirvac Fini has purchased a development site in the riverside suburb of Maylands, joining the trend to move apartment developments out of the city into the eastern riverside precincts.

Innes driving Exchange Plaza’s new direction

Exchange Plaza property manager Trish Innes is aiming to drive the delivery of property management for the premium office tower in a new direction, as Tracey Cook reports.  

Aspen delivers profit

WESTERN Australian-based property group Aspen Group Limited has announced a half-yearly net profit before tax of $1.71 million coming off the back of $6.06 million in revenue.

EPRA entertains Multiplex talks

LISTED property developer Multiplex has entered into discussions with the East Perth Redevelopment Authority over its ambitious $50 million plus redevelopment proposal for the defunct Perth Entertainment Centre.

Freo rides a new wave of development

After a decade of little to no growth, Western Australia’s unique port city, Fremantle, has become the darling of developers and is poised to strengthen its position as an alternative regional centre to Perth.

Perth grid-locked on power

AS the mercury soared into the 40s last week Perth’s increasing reliance on air-conditioning to cool homes and workplaces became starkly evident.

Resource-driven growth spurt to turn fortunes

DECENTRALISATION of tenants to suburban locations and the downsizing in corporate organisations has caused the Perth CBD office market to experience a negative net absorption over the past three years to September 2003.

Crime commission looks for a home

THE State Government is undertaking a major reshuffle of its property portfolio as part of an overall consolidation drive.

IA hopes new name will be a catalyst for growth

CORPORATE interior design company, Interiors Australia, has relaunched as the IA Group to gain greater market recognition for its integrated services and to banish the image of corporate interior design as “cushion scatterering”.