Property

Many Western Australians, myself included, consider Ralph Sarich a household name, so I was surprised last week to discover that many people in Perth have little or no awareness of how he built his $1 billion fortune.

PROPERTY developer Marchmont has placed its Bushmead Road industrial site in Hazelmere on the market.

West Perth-based Polaris Metals NL Has signed a memorandum of understanding with the Fremantle Ports that will focus on finalising the best option to export ore from its Yilgarn iron ore project at the bulk berths at Kwinana.

The Real Estate Institute of WA has quashed claims by a leading property forecaster that Perth's house prices are set to fall 15 per cent over the coming year, saying past predictions have been proven wrong.

The state's aged care sector has echoed calls by the Australian Council of Trade Unions for urgent action to avoid a work-care collision as the nation's population ages.

It's a matter of debate among those in the building industry as to how far construction costs will rise during the next year, but the consensus is that the double digit increases of the past few years will continue.

The development of Coral Bay has been stalled for the past few decades, but the wheels of change have now started to turn, with site works for a village housing up to 400 people due to start in the near future.

Belmont-based solar panel distributor Solar Sales has been bought by US company SunPower Corporation, marking the Silicon Valley-based company's first entry into the Australian solar market.

A draft policy to reform the way contributions for social infrastructure are sourced from residential property developers has generated mixed responses from the industry, with submissions from the Property Council of Australia (WA) and Satterley Property

As the slowdown in Western Australia's housing sector continues, the number of properties for sale in the South West is rising, along with lead times on sales.

Perth's planned new sporting stadium at Subiaco could include innovative venues for the presentation of theatre and music to sports fans attending big games.

Silicon Valley-based solar panel manufacturer SunPower Corporation has entered the Australian market following its acquisition of Belmont-based Solar Sales Pty Ltd.

JONES Lang LaSalle's Perth office has made a number of new appointments in its leasing, sales and property management divisions.Jason Ridge (pictured) joins the firm as a director in the property, ass

High density development may be top of the state government's planning agenda, but the target for infill in Perth is overly ambitious and needs to be significantly downgraded, with the city likely to fall short 131,000 dwellings, according to a report fro

JONES Lang LaSalle's Perth office has made a number of new appointments in its leasing, sales and property management divisions.Jason Ridge (pictured) joins the firm as a director in the property, ass

Design guidelines for high-density housing in Western Australia are in the process of being overhauled by the state government, with a new residential design code in the pipeline and a review of the R-codes scheme due to commence.

Tourism Western Australia has welcomed a preliminary decision opposing plans to convert Rendezvous Observation City Hotel into residential apartments.

Rydges Hotels and Resorts have signed its first property in Kalgoorlie following an agreement with Western Australian company Primewest Management Ltd.

South Perth-based bamboo flooring products company Style Ltd will write down the value of its assets by $1.3 million after exiting from its obligations at the Wanzai plantation in China.

Rio Tinto Iron Ore has agreed to pay a levy of up to $300 million over 50 years to the Ngarluma Aboriginal Corporation to cover present and future land use of the traditional owners' land.

Traditional owners in the Pilbara region are celebrating a win in the National Native Title Tribunal over Fortescue Metals Group Ltd after proving the company failed to negotiate in good faith over a tenement application.

South Perth-based Finbar Group Ltd expects to quadruple its net profit for the 2008 financial year and has forecast early sales revenue for fiscal 2009 from its Domus and Ceresa apartments.

The venues most sought-after for new hospitality ventures are usually those with something a little special about them.

Changes to legislation governing land sales may soon prevent developers from pre-selling lots unless conditional approval of the sale is secured.

Chrissie Parrott Artistic director of Jambird Multimedia Performance Company (30 years), Pica Performance program manager (8 months)

A long term plan to put Wanneroo back on the map is close to completion as the city's town centre undergoes a $50-plus million redevelopment.

Finbar Group Ltd has officially secured a subsidiary of Monadelphous Group Ltd as its major tenant for the 59 Albany Highway Joint Venture in Victoria Park.

Perth-based Rent.com.au Pty Ltd has formed a partnership with internet company Yahoo!7 to provide a rich user experience for Australian renters and landlords.

Ambitious plans for two new apartment projects in North Fremantle will have to be substantially revised, after a height study commissioned by the City of Fremantle found the developments would not produce a desirable outcome.

For Perth's hotel operators, the current market is something of a mixed blessing.

EIGHT months after it bought the site for $70 million, Goodman International Ltd has signed US-based drilling services company, Boart Longyear Ltd, as the anchor tenant for its Stockyards Industrial E

It's widely acknowledged in the housing industry that first homebuyer activity underpins the overall market, but with rising interest rates and strong price growth, many buyers have been forced out of the market.