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Art Series hotel to open in October

Accor has announced that Perth’s first Art Series hotel, set to open in October, will be named after street artist Matt Adnate.

Axiom lands back in Perth with retail project

Axiom Properties has launched its first Western Australian project since it exited the Port Geographe canals subdivision near Busselton in 2011, acquiring a three-hectare retail site in Butler for $9.6 million.

APRA confirms mortgage criteria changes

APRA has told lenders they can immediately change the way they assess customers' ability to meet mortgage repayments in Australia's new low-interest paradigm.

Momentum builds for flexible spaces

Flexible office providers are continuing to make their presence felt in Perth’s office market.

From $30m lotto win to legal bunfight

Prominent real estate agent and City of Joondalup Deputy Mayor Russell Poliwka has been ordered to pay $2 million to Perth investor Sherif Girgis after a Supreme Court judgement this week.

Innovative builds push boundaries

Western Australia’s building downturn and increased take-up of smaller dwellings is providing impetus for the adoption of alternative construction techniques, with builders seeking to pass cost and time savings on to homebuyers as they battle to maintain market share.

Prices hit by land glut

The state’s land developers are rolling out stock at a much higher capacity than needed, with the excess product hitting the market resulting in median land prices falling to around $5,000 under fair value.

New data delves into density

A new report has revealed the reasoning behind community opposition to increased density.

Multiplex to deliver $100m Amara project

Iris Residential has selected Multiplex to construct its Amara City Gardens retail living project in Booragoon.

Minderoo lays out Cott designs

Andrew Forrest’s Minderoo Group plans to demolish the Indiana Tea House at Cottesloe Beach and replace it with one of four concepts released for public comment today.

ASIC bans Macro manager

The Australian Securities and Investments Commission has banned Western Australian company director Richard Philip Lambe from providing financial services for three years, the latest ban from its investigation into Veronica Macpherson's Macro Group.

New near-city shopping options

Fresh supermarket proposals are emerging across a range of near-city suburbs, including Highgate, West Perth, Nedlands, Inglewood and Como, as retail groups respond to community demand for modern shopping facilities.

BGC Residential fined $22,000

The state government has fined BGC Residential and nominated supervisor Thomas Edmund Starkey $22,000 and $10,000 for breaching building registration laws after roof defects were found in two Perth homes.

House prices continue to fall

Perth house prices recorded the biggest decrease amongst state capitals for June, continuing the long-term slump, according to CoreLogic data released on the same day the state government's Keystart stimulus began.

Welshpool industrial asset sold for $11.6m

Warrington Capital Partners has sold an office and warehouse property in Welshpool for $11.6 million to an eastern states investment group.

Subiaco complex The Colonnade sold for $38m

Hawaiian has sold Subiaco retail and office complex The Colonnade for $37.85 million, in a deal brokered jointly by JLL and Ray White Commercial.

Seagrass seizes Perth opportunity

While many Perth hospitality operators are closing their doors, a national group is building a solid portfolio of restaurants and bars across the city.

Inner suburbs apartments approvals

A $55 million development in West Leederville and a $27 million development in Mount Lawley have been approved this past week, with more than one hundred residential spaces to be completed in Perth’s north within in the next three years.

Four charges laid over worker's death

WorkSafe is prosecuting four parties over the death of 17-year-old Wesley Ballantine, who fell through a void in the roof during a construction project at the old General Post Office building in Forrest Place in 2017.

Scarborough real estate agent banned for life

A real estate sales representative who stole money from an agency’s trust account has been banned for life from holding a certificate of registration in the industry in WA.

Primewest lands Fugro at West Perth

Primewest has struck a deal with international engineering firm Fugro to lease more 3,000 square metres at one of its West Perth buildings.

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