TRG Properties executive Tanya Trevisan has been elected president of the Property Council of Australia's WA division, replacing Tony Perrin who left the role after just two months following his departure from Frasers Property Australia.
Two student accommodation projects in Northbridge have moved closer to being built, after Devwest Group applied for approval to repurpose Telstra's headquarters, and Stirling Capital lodged paperwork for early works at its Stirling Street proposal.
Doubt has been cast over a wave of proposed apartment and hotel developments, with a patchy sales market forcing developers to apply for extensions to planning approvals for hundreds of millions of dollars' worth of projects.
A research collaboration between CoreLogic and ratings agency Moody's has predicted a turnaround in Perth's depressed property market this year, with a 2.8 per cent rise in detached house values foreshadowed.
Global Construction Services hopes to gain more exposure to the commercial construction sector on the east coast through the acquisition of a Melbourne-based business for $18.4 million in cash and scrip.