Policy shift hits apartments

CHANGES to the national policies on investment in inner-city apartments by major banks and mortgage insurers is proving to be a hurdle for Perth’s growing apartment market.

Mirvac Fini buys in to the Maylands market

PROPERTY developer Mirvac Fini has purchased a development site in the riverside suburb of Maylands, joining the trend to move apartment developments out of the city into the eastern riverside precincts.

Innes driving Exchange Plaza’s new direction

Exchange Plaza property manager Trish Innes is aiming to drive the delivery of property management for the premium office tower in a new direction, as Tracey Cook reports.  

Perth grid-locked on power

AS the mercury soared into the 40s last week Perth’s increasing reliance on air-conditioning to cool homes and workplaces became starkly evident.

Resource-driven growth spurt to turn fortunes

DECENTRALISATION of tenants to suburban locations and the downsizing in corporate organisations has caused the Perth CBD office market to experience a negative net absorption over the past three years to September 2003.

Population growth a fillip for Canning Vale business

SPURRED on by widespread residential development, retailers are flocking to the Perth southern suburb of Canning Vale to set up shop.

Overpricing may put brakes on sales

PERTH property owners are overpricing their properties by up to 10 per cent in the expectation that house prices will rise by over 20 per cent during the coming year, according to Hegney Property Valuations.

Activ Foundation looks for new HQ

NOT-FOR-PROFIT organisation, Activ Foundation, has begun its search for new headquarters to house its central administration operations.

Farmers ready for land power battle

A GROUP of farmers is preparing for the final stage of a 17-year battle with Western Power over compensation for land the utility has taken to carry high voltage power lines.

Waldorf Group to move on unfinished business

PERTH’S biggest apartment development, the $300 million Mounts Bay Village complex, may finally be completed after the turmoil following the collapse of HIH in 2001.

Built-form estates moving in

A popular development option in other parts of the country, built-form estates are starting to compete with traditional house and land packages in Western Australia, as Tracey Cook reports.

Moving on The Peninsula

RESPONDING to the recent sales success of its first release of apartments in the Allegro residential tower, Mirvac Fini is moving quickly to release the second stage of The Peninsula to the property market and finally begin construction on site.

Leighton to spark ‘domino effect’

“It is a matter of planning and designing the buildings for the nearby activity or any risk.” -         David Caddy

Crawley luxury from $1.65m

PRIVATELY-OWNED boutique property developer SC Land has released its plans for an exclusive ultra-luxury residential development on a prominent riverside Crawley block, formerly owned by the City of P

Harmonious blend meets the market

AFTER 17 years in the real estate game, most of it selling and leasing homes to overseas business executives and retired couples, a Perth businesswoman is taking a novel approach to business integration.

Agents exposed without PI cover

PROFESSIONAL indemnity insurance has become one of the most expensive forms of cover in the past two years and a major overhead for business.

REIWA under fire for Griffiths’ departure

THE sudden departure of long-serving Real Estate Institute of WA chief executive Michael Griffiths has sparked a call for a special general meeting of the institute and an explanation of the REIWA cou

A rational debate on heritage

Amid the continuing heritage debate, recently appointed Heritage Council chairperson Patric de Villiers talks to Tracey Cook and outlines his position on the controversial topic.  

Gandel waits on second deal

THE City of Swan has given the go-ahead to Gandel Retail Management’s proposed $100 million redevelopment of the Midland Gate Shopping Centre.

Not much appeal in wait for tribunal decision

GANDEL Retail Management is not alone in its wait for a final outcome to its appeal to the Town Planning Tribunal.

ABS strong on housing

AN Australian Bureau of Statistics report on Western Australian Statistical Indicators has forecast continuing strength in the housing sector and revealed the underlying importance of the construction