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Office sublease space ticks up

The first increase in Perth’s office sublease space in almost three years is an indication of growing confidence in the market, according to CBRE.

Building approvals slow in July

WA dwelling approvals are 9 per cent lower than 12 months ago, although they have improved moderately in the past three months.

Property Deals

August property deals.

High-tech, sustainable, future-proofed apartments

Owner-occupiers and investors increasingly look for technology and sustainability features when making apartment purchases.

WA real estate celebrated

Michelle Kerr, Daniel Gonzalez and Jay Standley were among the winners at the real estate industry awards held over the weekend.

Forrest Chase developer wins legal fight

The $110 million redevelopment of Forrest Chase is set to proceed unhindered after the Supreme Court granted an injunction against the owners of a neighbouring cafe, who had blocked work by head contractor Lendlease by staying open all night.

Profit growth for Peet

Property developer Peet has reported an increase in net profit after tax for the 2018 financial year, entering FY19 backed by a state government contract for a 220-hectare landholding in Brabham, near the Swan Valley.

Demolition confirmed for Subiaco grandstands

The state government today confirmed a program of demolition and land preparation works worth $33 million for the decommissioned Subiaco Oval.

Perth house prices rebound

North Fremantle, Claremont and West Leederville are among 12 Perth suburbs to record a growth in house price after experiencing price falls last year.

Cushman & Wakefield to manage Woodside HQ

International real estate services company Cushman & Wakefield has been appointed as facility manager of the new Woodside headquarters in Perth, with former Knight Frank director Bret Madden brought on to lead the on-site team.

Alcock, Fini in development Mode

Two of Western Australia’s property industry leaders, Dale Alcock and Tony Fini, have teamed up to deliver a 20-home development targeting the ‘missing middle’ in Perth’s residential market.

Hotel operator sells Canning Hwy plot

ASX-listed Transmetro Corporation, the owner and operator of the Metro Hotels group, has sold a surplus landholding adjacent to its Metro Hotel Perth on Canning Highway for $3.18 million.

Shopping for experiences

SPECIAL REPORT: New retail property developments are driving offerings that capitalise on lifestyle needs, but five of the biggest projects are yet to push the button.

Retail assets prove value

SPECIAL REPORT: Investors are eyeing opportunities in the state’s retail property market.

Experiential retail connections

SPECIAL REPORT: The reinvention of retail assets has taken centre stage when it comes to online competition, with centre owners, developers and tenants seeking to create experience-driven destinations.

Ric New honoured with Robert Law Award

Midland Brick founder, the late Ric New, has been honoured for his influence on Western Australia’s building industry, receiving the Master Builders Association’s Robert Law award.

Work starts on $55m SwanCare project

Adco Constructions has broken ground on SwanCare’s $55 million retirement living and aged care project at Bentley Park, which will include a new residential care facility as well as a leisure precinct.

New land sales rise again

New land sales in Perth have increased for the third straight quarter, according to new data out today, with the Urban Development Institute of Australia WA saying the results reflect rising confidence in the local market.

Brokers building a better process

From a reputational point of view, Tristan Kirkham acknowledges the role played by building brokers is not as well understood as that of insurance and mortgage brokers.

Office facelifts shape success

Construction company SHAPE Australia has ridden the surge in office building revamps, resulting in two awards and its highest revenue in five years.

$130bn of major projects in WA

Nearly 140 major projects are either under way or planned for WA, new research by Business News has found. Click through to access the new list on the BNiQ Search Engine.

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