One of the US’s biggest players in commercial property is using Perth as a launchpad to building a presence across Australia and the Asia-Pacific, establishing an alliance with local agency Vicus Property Group to underpin its plan.
Curtin University has secured a development partner for $300 million worth of works at its Bentley campus, which will include 1,000 new student accommodation beds, a 60-room boutique hotel and 3,000 square metres of commercial space.
One of Perth’s oldest hotel sites has been given a fresh look, with the New Esplanade Hotel renovated and repositioned as Quay Perth, an 80-room boutique property operated by high-end Singaporean hospitality chain Louis T Collection.
BGC Australia has appointed international building industry veteran Daniel Cooper as its new chief executive, with Alan Tate to transition back to the role of chief financial officer after several months at the helm of the construction and contracting giant.
Apartment developer Edge Visionary Living has added an 82-dwelling project in Subiaco to its burgeoning pipeline of works, with the firm continuing to find opportunities in a difficult multi-residential market.