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Contractors sought for Shenton Park Hospital redevelopment

Early works have begun on the state government's planned redevelopment of the Shenton Park Hospital into a residential and retail precinct, with expressions of interest for the first two lots to open next week.

Iron ore bolsters WA rich lister rankings

An improved iron ore price delivered huge boosts for mining magnates Gina Rinehart and Andrew Forrest, who were two of the three Western Australians to feature in the top 10 on the nation's best known rich list.

Bidders shortlisted for Murdoch Medihotel

Five bidders have been shortlisted to build the state's first Medihotel at the planned Murdoch Health and Knowledge Precinct, with the successful tenderer to be announced mid-year.

Next stage for Knutsford build

Adrian Fini's development firm FJM Property is gearing up to launch the third stage of its Knutsford Precinct, near Fremantle, which was last year named as one of the best infill projects in the nation by the Australian Institute of Architects. 

Pindan gets solid return on Sydney sale

Pindan Capital has booked a near-$9 million profit after selling an office building in Sydney for $22 million.

Burke finds middle ground on builds

A foray into the mid-level market is paying dividends for luxury homebuilder Brian Burke Homes. 

Diploma maintains faith despite liquidation order

UPDATE: Diploma Group boss Nick Di Latte says the company will continue to push forward with its proposal to revive the company and provide a return to creditors, after provisional liquidators were appointed to 20 Diploma-related entities today.

More than a man cave, it’s an investment

Perth-based property investment group Metro Invest has created a new class of asset, tapping into the increasing demand for space as backyard sheds and workshops disappear from the suburbs.

Vicinity presses go on $100m Midland expansion

Aldi, JB Hi-fi and Harris Scarfe will anchor a $100 million extension of Midland Gate Shopping Centre, with construction to begin later this month.

This week's property round-up

OPINION: Sales activity contracted over the week, with Reiwa members reporting a decrease in weekly sales to 555. The overall 14 per cent fall in weekly sales is attributed to a 17 per cent decrease in sales for houses and a 23 per cent decrease in unit sales, despite a 17 per cent increase in vacant land sales over the week.

Wyatt slashes first homebuyer boost

Local builders say they're disappointed by the state government's decision to axe a $5,000 boost to the first home owner's grant, with one of Western Australia's peak housing bodies describing the

Regional WA house prices improve: Reiwa

A slight improvement in economic conditions helped regional Western Australia's regional median house price improve in the previous quarter, Real Estate Institute of Western Australia president Hayden Groves says.

Sirona signs builder for $270m Freo job

Construction will start on Sirona Capital's $270 million Kings Square Fremantle revitalisation project in August, with national construction contractor Probuild signed to carry out the works.

Investors back Peet’s chirpy tune on growth

ANALYSIS: The fortunes of an iconic residential property developer are a pointer to the health of WA's economy.

Decmil sells property for $27m

Engineering and construction contractor Decmil Group has sold its Osborne Park headquarters to Primewest Funds for $27.5 million.

Diploma holds off ASIC action

Diploma Group has been granted a two-week lifeline to finalise its plan to provide a return to creditors of the collapsed building and development firm.

Green shoots in industrial land

A move towards larger holdings in well-serviced industrial estates is bringing optimism to the sector.

International players hit investment heights in Perth property

Perth's upcoming development pipeline has a distinctly international flavour.

Old Tradewinds gets new look

Prendiville Group has completed the fourth major redevelopment of a property in its portfolio in as many years, with East Fremantle's historic Tradewinds Hotel having undergone a significant facelift.

Lifeline for Scarborough dunes, businesses

Scarborough's sand dunes have gotten an 11th hour reprieve after the state government honoured an election commitment to rework planned road extensions, while businesses disrupted by a $75 million redevelopment program along the beachfront have been given a lifeline.

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