Apartment developer Psaros has substantially expanded its operations after gaining financial backing from private equity investment groups Dorado and Alceon.
After a record-breaking 2012, the past 12 months have been pretty quiet for new office construction in Perth, with little significant space to be added until 2015.
A five-storey, 204-apartment proposal by Blackburne Property Group has been refused planning approval by the Metro West Joint Development Assessment Panel.
AFG Property is set to proceed with construction of its $87 million Richmond Quarter apartment development in East Fremantle after appointing Pindan this week as the builder.
Property executives were the big movers in this year's Wealth Creators list, while the resources slowdown put the hurt on mining services directors' fortunes.
The state's housing construction market is tipped to remain at its strongest level in years on the back of a 34 per cent increase in dwelling starts in 2012-13.
Finbar Group is on the lookout for new opportunities in the Pilbara, despite selling less than half the apartments in its most recent project in Karratha.
The big gains in Perth residential property prices in the first half of 2013 have come to a screeching halt over the past few months, but the adjustment in Perth pales next to the big falls in the Pilbara.
Finbar Group has obtained planning approval to build 154 residential apartments at the Springs precinct in Rivervale, coming off an announcement last week of approval for a $170 million project in Subiaco.
Perth's industrial land market is set to rebound from a subdued 2013, as Western Australia's strong economic fundamentals attract interest from institutional investors, new research from Colliers I
Residential building approvals have hit a 25-year high in Western Australia, as record-low interest rates drive investors and first home buyers into the housing market.
Colliers International has been appointed to manage two new facilities for the Harry Perkins Institute of Medical Research which will hold a combined value of $200 million when they open next year.
Perth's office sublease space has increased by more than 70 per cent since the start of the year but supply is likely to have reached its peak, according to the latest research from CBRE.
The head of the Reserve Bank of Australia says house prices aren't rising too fast but has warned buyers not to over-extend themselves when taking out a home loan.
The long-running Subi Centro redevelopment is entering its final phases, with Otan Property Funds Management selected to develop one of the last remaining parcels of land at the historic Australian
Nomad Building Solutions has placed its Queensland operations on ice and appointed a new chief executive, having earlier moved to wind down its Western Australian-based regional housing and commercial modular building businesses.
Four of Perth's iconic sporting and community venues are going through major planning and redevelopment projects – but that's where the similarities end.
