Property

Liquidators for Allen Caratti-directed Whitby Land are suing Tina Bazzo's companies, claiming compensation for the $9.9 million it coughed up as a guarantor of a $23 million deal.

The multinational group has divested $522.5 million of retail assets, including Willetton's Southlands Boulevarde for $92.5 million.

CBD occupancy has bounced back to 80 per cent of pre-COVID levels and to 15 per cent above the national average.

The state government's $350 million plan to expand the state's timber industry is progressing, with 3,000 hectares of South West land acquired.

Holocaust survivor and major Western Australian real estate developer Harry Hoffman has passed away at the age of 92.

Potential buyers are assessing bids to rescue Firm Construction, which entered administration in late November.

No new apartment stock has been launched to the Perth market during the third quarter of 2022, as developers wait for unit prices to catch up with rapidly rising construction costs.

The City of Nedlands' planning framework has come under fire during a four-hour development assessment panel meeting over a proposed 18-storey apartment on Stirling Highway.

Mr Packer was fondly remembered for his contribution to the property industry and life as a keen sailor.

CBRE has appointed Theo Smyrniotis to the role.

A $135 million project of two towers in Leederville has been approved with flying colours and was labelled a "benchmark" of development planning at an assessment panel meeting.

An odd couple have established a successful business chemistry, carving a niche negotiating deals in difficult markets.

CoreLogic's latest home value index shows a 0 per cent change for Perth, with a slight increase to its median dwelling price.

A prominent Perth family is set to purchase the sub-regional asset.

The sale of two remaining strata units at the former Midland Railway Workshop to Midland Health & Knowledge Precinct pave the way for a redevelopment.

The proposed sale price is more than $60 million less than what Challenger paid for the asset in 2013.

St George's Anglican Grammar School is set to move from its current campus from 2025, after purchasing 441 Murray Street for $23 million last year.

The 1.08-hectare Osborne Park property changed hands for the first time in 27 years, selling to a Bunning family connected entity and construction industry veteran for $6.65m.

A 13-hectare piece of land has been earmarked for a $64 million development to tackle the housing crisis in Broome, with the shire seeking $15 million from the state government.

A former client of western suburbs real estate agent Vivien Yap did not appear in court today, delaying a sentencing decision after he was found guilty of contempt.

Two key lieutenants to the founders of Primewest have emerged with their own property investment play.

Perth-based property funds manger Quadrant Investments bought two adjoining properties in Landsdale totalling 1.84ha, 10th purchase since the company launched in 2018.

An eight-storey apartment block will be built on the Sorrento Plaza site after the state's planning commission approved the $73 million project.

Locus Development Group's $21.5 million plan to develop 56 townhouses in Fremantle's Knutsford precinct has been unanimously refused at a JDAP meeting.

Firm Construction has fallen into administration, with director Mark O'Gorman saying the business had been doing everything it could to overcome financial challenges.

The Wyn Carr House has received a grant of $2.5 million from the state government to fund the refurbishment of the two-storey safe house for vulnerable women in Fremantle.

Exit entitlement deadlines are among the greatest areas of contention for the state government's retirement village reform plans, a Property Council event heard this morning.

Diversification is key to the success of Plus Architecture's Perth studio.

Developers have taken charge of three Firm Construction apartment projects, while the contractor is off two government projects and has faced more than a dozen recent legal claims from subbies.

The Furnace Road building was on the market for less than a week, selling for $2.37 million.

A development assessment panel has unanimously approved Edge Visionary Living's $70 million proposal for a nine-storey apartment opposite Steve's Bar and Café in Nedlands.

The Housing Industry Association says rising interest rates will bring the state's housing boom to an end, but the impacts are likely to be delayed until mid-2024.