Australia's housing industry says it has fallen into a recession after building approvals plunged to their lowest level since the global financial crisis, driven largely by a change in the approval
PLANS are well under way for construction of Geraldton's first high-rise apartments following the recent completion of the city's foreshore redevelopment.
New home sales bounced back in April after a disappointing March in Western Australia, but the Housing Industry Association has repeated calls for the state government to ensure policy is encouragi
The state government is calling for hotel developers for a 7,300 square metre site on Hay Street in Perth's CBD, the first land released under its hotel incentives scheme.
Retail property landlord BWP Trust has increased rents on three of its Bunnings Warehouse properties, including significant jumps for two in Western Australia, highlighting the strength of Perth's
Perth's newest skyscraper has reached practical completion, with interior fitouts at Brookfield Place to be completed over the coming months, ahead of an official opening in September.
Industry has given a lukewarm response to the state budget, with the property sector disappointed, tourism still looking for boosts for struggling regions, while miners were concerned over a lack o
When Bob Williams gazes across the Perth city skyline to the CBD's western-most high rise building he is clearly still enthralled with the structure that marks the high and low point for his construction career.
Shopping centre owner Perron Group has added to its bulging portfolio, snapping up 50 per cent stakes in Morley Galleria, The Glen in Melbourne and Colonnades in Adelaide from Centro Retail Austral
Property fund manager Charter Hall announced today that it has moved to full ownership of 225 St Georges Tce, after buying out co-owner The Wyllie Group for $96 million.
Perth's industrial land sector is starting to show similar traits to the CBD office market, with sales data over the first four months of 2012 showing a clear contraction in supply.
Perth has emerged as the hottest capital city location for property investment, with four metropolitan suburbs topping a list of the most affordable inner-city suburbs across the country.
Perth's City Square has become just the second property worldwide to bear the name of Canadian investment fund Brookfield, after it was rebranded Brookfield Place Perth.
Mining and civil contractor Brierty's joint venture with Ngarluma Yindjibarndi Foundation has won a $55 million contract to develop land for housing for Rio Tinto at Wickham, in the Pilbara.
The success of a $200 million class action case against the property group Centro Retail Australia is a win for all Australian investors, lawyers for the shareholders say.
PERTH is poised to smash a 20-year record, with the most new office space across the city coming online this year thanks in part to the pending completion of the troubled Raine Square development a
Belmont is undergoing a pickup in commercial and residential building activity along Great Eastern Highway, with new developments proceeding in tandem with the widening of the highway
A Leighton Holdings subsidiary has been named preferred contractor for the Fortescue Metals Group-owned Solomon iron ore project in WA's Pilbara region.
Rising demand from the resources sector for office space in Perth's CBD has been identified as the key driver of the highest rental growth across Australia since December 2008, CBRE says.
Atlas Iron has outgrown its current home at Alluvion on Mounts Bay Road, and will move into the $500 million Raine Square office tower by the end of the financial year, highlighting the tight offic
Perth City Council has backed more generous plot ratio bonuses across large parts of the city, with the hope it may encourage more hotel and residential developments in the CBD.
Cedar Woods has celebrated a decade of development in Victoria by acquiring a seven-hectare development site in Melbourne's north-west for $12 million.
The Housing Industry Forecasting Group is predicting a slow recovery for the Perth new homes sector, with dwelling starts down 11 per cent this year on last.
Australia's housing and retail sectors have called on the Reserve Bank to deliver a 50 basis point interest rate cut to boost consumer sentiment, after a survey showed new home sales have fallen to
Confidence is returning to the residential property sector, the Real Estate Institute of Western Australia says, with a strong lift in sales activity across the state in the March quarter.
