SPECIAL REPORT: Local developer and syndicator Primewest joined the list of Western Australia’s top three office landlords following its $113 million purchase of a 50 per cent stake in Exchange Tower.
SPECIAL REPORT: Perth’s suburban office market is becoming as patchy as that in the CBD, with Joondalup and Fremantle emerging as the only upcoming opportunities for new developments.
Reiwa members reported an increase in weekly sales to 614 this week. The overall 2 per cent increase in sales over the week is attributed to a 23 per cent increase in sales for units and 26 per cent increase in sales for land.
Local builders Cockram Construction, Universial Constructions, Perkins Builders and Crothers Construction have shared in $37.3 million worth of state government contracts.
The state government has been forced to make a special budget allocation of $9.74 million to demolish the old Port Hedland hospital, 18 months after announcing a deal to sell the site to apartment developer Finbar Group.
Perth property developer Adam Lisle has long had a keen interest in motor racing, but it was a visit to a country club outside Las Vegas set up especially for motor sport that steered him down the path to his new business venture.
Hoyts Group has announced plans to open a new cinema complex in Karrinyup and redevelop its Garden City complex, as part of shopping centre redevelopments in those areas.
Australia is often favourably referred to as the lucky country, although many who use the term misunderstand the irony intended when Donald Horne first coined the phrase in his 1964 book, The Lucky Country.
A former York real estate agent has lost his licence and his son is facing further penalties after the State Administrative Tribunal upheld allegations they pocketed $6 million from deceitful and misleading land deals.
Port Hedland's council hopes the Pilbara town will become a genuine tourist destination, after the state government committed $112 million towards a $152 million marina development today.
The supervisor of Dianella-based building company Frayson has been fined $15,000 for failing in his duties as a manager and supervisor on work carried out at 20 Perth properties over a 10-year period.
Developer Edge Visionary Living has welcomed the end of an 18-month battle to win approval for an apartment project at 74 Mill Point Road in South Perth.
