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Reviving history at Swan Valley site

Restoration work is set to get under way on one of the Swan Valley's oldest buildings, with plans lodged to create a grower's market, art gallery and artist studios, grape processing facility and w

International eyes on medical assets

Specialist medical centres are emerging as the asset type of choice for offshore buyers in Perth, according to local boutique management and consulting firm Griffin Group.

More developers forced to change South Perth plans

Frustrating is mounting among developers in South Perth as they are forced to reassess projects after the second major change to the suburb's town planning guidelines in the past six years.

New Civic Heart to be 25% smaller

Finbar Group's new plan for its Civic Heart site in South Perth will have 74 fewer apartments and an end value 45 per cent lower than its original proposal, while it will be delivered a year after the first project was scheduled to be complete, the developer has revealed.

Peet flags gloomy WA outlook for rest of 2017

Land developer Peet says it doesn't expect conditions to improve in Western Australia in 2017, as it continues to push its long-running strategy to focus its operations outside of its home state.

KPMG called into Macro as liquidators

The corporate regulator has asked the Federal Court to appoint representatives of KPMG as liquidators of several subsidiaries of Pilbara-based property developer Macro Group.

This week's property round-up

OPINION: Sales activity contracted over the week with Reiwa members reporting a decrease in weekly sales to 676. 

Fierce competition for Builton works

More than 50 home building companies put themselves forward to take on the work in progress of collapsed builder Builton, with JWH Group emerging as the administrators' top choice.

Elders to buy Bunbury real estate business

Elders has announced plans to expand its real estate presence in the South West through the acquisition of Bunbury-based Southern Districts Estate Agency for an undisclosed sum.

Property industry says Labor's tax will hurt WA

Property industry lobby groups say WA Labor's plan to introduce a 4 per cent tax on foreign buyers of residential property if it wins the March 11 state election is a retrograde step for the state'

Solid six months for Fleetwood

Perth-based Fleetwood Corporation has posted solid results for the half year, with revenue higher and profit surging, but no dividends declared.

Improving sentiment to drive property rebound

Perth's median house price is on the verge of upswing in 2017, as a stabilising labour market and surging commodity prices drive marked improvements in consumer sentiment.

Boral shakes off WA pain to deliver solid profit

Building products manufacturer Boral has maintained a solid half-year profit despite cutting 100 jobs in Western Australia last year, following a plunge in sales volumes and earnings at its Boral B

South Perth uncertainty stalls Civic Heart

Buyers at Finbar Group's $400 million Civic Heart project are being refunded their deposits, after the state's largest apartment developer announced it would scale back the size of the tower because of uncertainty regarding planning rules in South Perth.

Developers keen on Cannington

A commercial property across the road from Westfield Carousel has sold for $1.6 million, as developers continue to seek sites around the City of Canning's planned new town centre.

Technology shake-up for property

Disruptive technologies continue to gain traction in the property market, with more than 400 Western Australian agents expected to use online advertising portal HumblAbode by the middle of this year, while a Perth-based firm is taking a software platform designed to simplify back-office transactions to the ASX.

Industry reignites stamp duty debate

Property industry bodies have entered the state election fray, with both the Urban Development Institute of Australia and the Property Council of Australia lobbying for stamp duty concessions and planning reform to boost housing affordability.

Community key for apartment buyers

Community spirit and communal facilities have emerged as priorities for apartment buyers, according to preliminary results on a new survey by WA Apartment Advocacy.

Small CBD effect, big impact in the suburbs

Striking a balance between CBD and suburban office markets is becoming crucial in a post-boom economy.

WorkZone East sold in near $70m deal

Sydney-based property fund manager and investment group CorVal has made a big acquisition in Western Australia, buying Northbridge office building WorkZone East from Charter Hall in a $68.2 million deal.

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