Property

Building approvals have fallen dramatically in WA, with the number of new dwellings sanctioned down 37 per cent in July.

Former Tracc director Nick Stanisis has won a legal bid to pursue two of his ex-colleagues on behalf of the company over a $91,000 deal the pair allegedly struck with their own software firm Cirrus8.

Construction is set to begin at Cedar Woods' $100 million Eglinton Village, as the state government flags the possibility of more delays in bringing the train line to Yanchep.

Nine state government-owned sites are now on the market in a bid to increase the supply of social housing in Western Australia.

Julie Drago is among the industry veterans identifying opportunities in an increasingly tightening industrial market.

Qube Property has bought a Canning Vale industrial site for $6.3 million, while handing over $4.29 million to the state to acquire more land in Hammond Park.

Heytesbury's $8.5 million plan to revamp the Margaret River Hotel has been given the green light, despite councillors withdrawing support over a move to waive the public art contribution.

The City of Karratha has approved its own proposal for an apartment complex in the CBD, in a bid to increase the housing supply.

The team behind a $36 million apartment tower in Como has received approval for its car parking plan following an appeal to the State Administrative Tribunal.

Investment in residential property as a rental asset has fallen away in recent years, with concerns that trend will continue.

The $390 million Karrinyup West development has been given the green light by a state government's assessment panel after a five-hour meeting today.

The land developer says WA is poised for price growth, as it posts a record profit of $52.3 million at its full-year results.

The Australian arm of the international build-to-rent developer has partnered with Dutch pension fund manager PGGM to deliver $1.5 billion of BTR developments.

Property giant Brookfield has vowed to undertake major upgrades at Brookfield Place after anchor tenant BHP agreed to remain at the skyscraper for a further 15 years.

Wanneroo's Mary St Strawberry Farm has sold to local investors for $4.3 million, with potential to develop residential lots on the site.

The City of Stirling has backed off on its plan to introduce a social housing quota for future developments following feedback from industry groups, including Adrian Fini's group.

The State Administrative Tribunal has ruled in favour of a plan to demolish buildings still standing on a section of land purchased for $59 million in 2015.

A syndicate of owners including Alannah MacTiernan sold the building to Hesperia director Judd Dyer for $2.15 million.

Bentley-based developer Stati Group is moving on a $35 million plan to build a major race track in Perth's south-east capable of hosting international rally events and the Red Bull Air Race.

The multinational developer, which exited its $1 billion Waterbank project in Perth this year, has announced a $99 million loss at its full year results.

A Fremantle-based architect is willing to take on regulatory hurdles to create sustainable living spaces.

Industry leaders are forecasting a return to equilibrium for WA, as population growth continues and the pipeline of supply gets built out.

The international architecture firm has added to its team of Perth principals by adding Ian Png from its Shanghai firm.

The team behind the Busselton Jetty expansion has chosen South West company Perkins as the preferred builder for the $26 million project.

The developer has delivered Australia's first two-storey nine-plus star NatHERS rated home at its Brabham estate.

A platform suspended about seven-storeys high has reportedly tilted two floors, causing the construction site at One Subiaco to be closed off.

Strong leasing activity in the industrial space was linked to its 41.9 per cent profit increase.

Private company Heytesbury has cleared its first hurdle in an $8.5 million plan to modernise and expand the heritage-listed Margaret River Hotel, receiving the backing of the local council.

The Town of Victoria Park council has backed Mirvac's bid to increase the height limit placed on one of its Burswood peninsula lots by 29 storeys.

Apartment developers are facing increasing costs amid tightening margins and constrained supply.

A redesign of the Karrinyup West apartments did little to sway Stirling councillors who stood firm in their opposition to the $390 million development.

A 1,000-person venue in Forrestdale's Business Park is expected to open by mid-2024, after a deal was struck between a local developer and Limestone Coast Brewing.