Property

A newly completed study of cities focused on the energy sector has ranked Perth high on the list of international destinations, as an increasing number of global oil and gas companies build their p

New home sales surprisingly dipped by 10 per cent in Western Australia in May, but turnover of new housing stock remains significantly higher than 12 months ago.

The City of Perth has slammed the federal government's infrastructure grants program after being allocated $57,209 from a national funding pool of $150 million.

The Department of Education has started the process to find a builder for a new high school to be built in Perth's northern corridor at Banksia Grove.

Perth median home values remained among the fastest growing in Australia over the past 12 months, despite staying largely steady over June, analysts say.

Developer and investments manager Aspen Group has acquired a caravan park in Dubbo, New South Wales, for $10.7 million.

Charter Hall has bought a shopping centre in Perth's southern suburbs for $33.2 million.

From what was essentially vacant land to an emerging town centre – developers like Australand and Georgi are capitalising on strategic southern location Cockburn Central.

Construction and development firm Diploma Group has announced $21 million worth of new contracts, for a residential project in Perry Lakes and a Dan Murphy's liquor store in Kwinana.

The state government has used its beefedup planning powers for the 10th time in less than three years in a bid to end a long-running impasse over the future of the derelict Subiaco Pavilion propert

Perth companies GR Engineering and Aspen Group have announced new leadership, with GR founder Joe Ricciardo moving into a new role and Aspen recruiting a former Valad Property Group executive.

The City of Perth has approved a $2.8 million apartment complex to be developed on Mount Street near Kings Park.

Gavin Construction has appointed administrators to see if it can continue trading, after the company ran into issues on a project in the state's north-west.

The federal coalition wants to make the Top End of Australia the next development frontier for jobs, services and infrastructure.

Three major office projects have got the go-ahead in the city but it's the future project pipeline that concerns the city's consulting sector.

Litigation financier IMF Australia says it will fund new claims against Lehman Brothers Asia on behalf of 63 churches, councils and charities, including the cities of Swan and Melville.

Property developer and fund manager Aspen Group has sold the remaining six assets in its Aspen Diversified Property Fund for $76.5 million.

Property firm Charter Hall Group has finalised negotiations to buy the Raine Square office and retail complex in central Perth for $458 million.

The prevailing gloom in the resources sector has failed to slow first homebuyer activity, with Western Australian recipients of the grant up 22 per cent in May.

Satterley Property Group has added a further 44 hectares of land in the southern suburbs to its development portfolio, located just south of its existing Honeywood estate near Wandi.

Canadian office giant Brookfield Office Properties has confirmed it will commence construction of a second tower at Brookfield Place, as reported exclusively by Business News late last month.

The Reserve Bank of Australia may not have cut the cash rate at its June meeting but has indicated it is prepared to cut further even though the Australian dollar is falling.

A year and half ago I sat down with Leighton's most senior property development management to talk about Kings Square.

Leighton Holdings marked a significant step in its Kings Square project this morning with a sod turning ceremony attended by Planning Minister John Day.

Lend Lease shares have slumped more than eight per cent after the company revealed it will undergo a major restructure as the construction sector softens.

The battle to secure the first development plots at Elizabeth Quay has intensified after the field narrowed to just two bidders this week.

Lending for housing is pumping an extra $2.4 billion a month into the economy than it was a year ago.

Local companies Fleetwood and Quality Builders have won contracts worth $13.8 million for the supply of transportable buildings to the Department of Education.

Satterley Property Group boss Nigel Satterley has confirmed he has been in talks with Australand's biggest shareholder, CapitalLand, regarding the acquisition of its residential assets in Western A

The team behind Little Creatures Brewery in Fremantle has unveiled its latest project – a 74-room hotel on William Street in Northbridge.

The $2 billion Fiona Stanley Hospital will open in October 2014, half a year later than originally scheduled, a delay the state government has blamed on the scale and complexity of the project's in

The long-vacant May Holman Centre is poised to undergo a $100 million transformation after owner Golden Group this week secured an anchor tenant for the St Georges Terrace office tower.