Liquidators have been called in to recover what they can from the assets of Scho Homes, with the builder’s collapse expected to put more pressure on Western Australia’s homebuilding insurance scheme.
One of Australia’s most-recognisable hospitality operators is expanding west, with up to three Ettamogah-branded venues in the works in Western Australia.
AMP Capital says it will kick off construction in 2017 on a $400 million redevelopment of Garden City Booragoon, following the proposal receiving planning approval.
The Shire of Kalamunda has moved to facilitate more infill development around transport infrastructure, but its proposed planning changes are restrictive and won’t achieve the desired results, according to a prominent industry player.
Western Australians are falling behind on their mortgage repayments at a higher rate than borrowers in any other state, according to new Reserve Bank of Australia data.
BGC Development has done the almost unthinkable in current office market conditions, finding an anchor tenant for its under-construction building at 25 Rowe Avenue in Rivervale despite widespread comm
The building industry watchdog is taking 23 workers to the Federal Court for allegedly unlawfully laying down the tools while working on a new waste treatment plant for the Water Corporation in February.
Perth residential property prices fell 2.4 per cent in the September quarter, as the Real Estate Institute of Western Australia tipped eight suburbs to watch next year.
LandCorp is close to releasing prime land in the inner western suburbs, with its Shenton Park Hospital site one of 30 redevelopment opportunities across the state expected to deliver more than 14,000 homes.
Doubleview-based Ausnet Real Estate Services, which is backed by mortgage aggregator Finsure and led by chief executive Paul Niardone, is seeking an ASX listing through a reverse takeover of Namibian Copper, which saw its share price crash by more than 50 per cent after the deal was announced.
Alternative construction techniques are gathering momentum in Western Australia, but not all builders are convinced that double brick’s dominance is about to end.
A long-running campaign to sell a 50 per cent stake in Exchange Tower is coming to a close, with property syndicator Primewest to pay $113.5 million for half of the CBD skyscraper.
Woodside Petroleum’s impending exit from its namesake office tower on St Georges Terrace has already affected the building’s value, with its owner, DEXUS Property Group, saying it was now worth $80.4
Property Council of Australia’s long-serving Western Australian executive director Joe Lenzo has announced he will retire next March, with the search for a successor to begin immediately.
The number of residential lots created in November in Western Australia was the lowest monthly result in nearly four years, with state government agency Landgate also recording its lowest levels of monthly activity since the beginning of this year across every type of land transaction.