Two former executive directors of local property group Clarke & Hawkins Management have split from the business to form boutique development and investment vehicle Qube Property Group Pty Ltd, taking more than $1 billion of projects with them.
The WA Commission for Occupational Safety and Health is proposing a tightening of regulations concerning the removal of asbestos by lowering the amount of asbestos that can be removed from a site without a licence.
The City of Mandurah has delivered a record capital works budget of $29.2 million for 2006-07, out of a total budget of $75 million, to fund an unprecedented level of building activity in the growing region.
Aspen Group has joined the chorus of listed property investment and funds management groups to post strong profit results, this week announcing its net profit increased 248 per cent this financial year to $34.5 million.
The burgeoning commercial and retail area of Myaree is fast becoming an attractive proposition for developers, with boutique residential property developer Match choosing it as the location for its first foray into commercial projects.
The Building and Construction Industry Training Fund is considering a boost to its industry levy to keep apprentices and trainees in jobs, following a forecast 9 per cent drop in housing approvals this financial year.
Executives from Melbourne-based Cbus Property, which is short-listed for the 140 William Street development, made the most of a recent whirlwind trip west by meeting with consortium stakeholders and gauging potential opportunities in the Perth market.
Developers are making moves in the laid-back fishing town of Lancelin in the lead up to the state government’s planned extension of the coast road between Lancelin and Cervantes, scheduled to begin next year.
Perth’s industrial sales agents are being forced to ride out a land supply shortage across the metropolitan area as several factors combine to put further pressure on already diminishing stocks of three- and four hectare lots.
Landowners in the South West with property lying in the path of the Water Corporation’s proposed 110-kilometre Yarragadee water pipeline received notice this month of the corporation’s intention to clear a 20-metre wide corridor through paddocks.
Building activity in Western Australia continues to build momentum according to the latest Australian Bureau of Statistics figures, which show the total value of building work in WA grew for the 10th consecutive quarter in March 2006.
The City of Perth has released a new inner-city residential design policy it hopes will reduce the number of noise complaints from residents, improve privacy and security, and limit development impact on heritage areas.
Amid one of Western Australia’s hottest real estate markets in almost two decades, and with coastal property a major driver, several short-stay apartment investments are being promoted in the South West.