The rollout of major apartment projects is continuing in East Perth, with Finbar Group unveiling a new joint venture on Adelaide Terrace, and JAXON signing a $45 million deal to build the last stage o
A $9 million plan to redevelop the Cannington Exhibition Centre and Showgrounds has hit a potential roadblock, with a key component of the proposal - a new Bunnings Warehouse at the Albany Highway site - forced back to the drawing board over traffic concerns.
A buyer is understood to be circling the Port Geographe development near Busselton, potentially ending years of uncertainty for the blighted marina project.
The centre of Northbridge is set to go high-rise, with development approval issued for two separate towers on James Street, comprising 112 apartments and a 206-room DoubleTree by Hilton hotel.
Construction company JAXON’s newly established multi-residential division has inked its first contract – a $17 million, 86-unit design and construct deal in Queens Park for the Department of Housing.
A 430-student primary school for Ellenbrook has won regulatory approval today, as the last stage of residential development, Annie’s Landing, enters its final phases.
Finbar Group has completed its $100.3 million Spring View Towers project in Rivervale, with $96.6 million already secured from the sale of all but seven of the 188 apartments.
Aspen Group will secure majority ownership of Aspen Parks Property Fund, following the Takeover Panel’s rejection of Discovery Holiday Parks’ applications for a declaration of unacceptable circumstances.
Perth-based marine farming company Cell Aquaculture has cancelled a deal with Noble Rate to buy its Roxy Casino in Cambodia after it failed to source skilled workers and keep up with ongoing reporting procedures.
Vacancy across Perth’s suburban office markets contracted slightly over the past six months, in sharp contrast to the CBD commercial property vacancy rate, which has blown out since the middle of last year.
Perth's established suburbs accounted for just 28 per cent of all urban land development in 2012, well below the long-term 'infill' target of 47 per cent, prompting calls for regulatory reform from the Property Council of Australia.
Transport Minister Dean Nalder has announced that Fremantle Ports will go to market for the leasing of its container terminals on North Quay for undisclosed sums.
As Fiona Stanley hospital opens the Department of Health has launched an international recruitment drive, despite indications that some existing staff are losing their jobs.
Diversified industrial services firm Complete Group has expanded its North West property portfolio, acquiring the Beadon Bay Hotel in Onslow and unveiling a substantial redevelopment plan.
Work has begun on a $30 million redevelopment of student accommodation venue Agricola College in Kalgoorlie-Boulder, partly funded by the state government’s Royalties for Regions scheme.
Potential buyers are already keenly looking to snare East Fremantle’s Kaleeya Health Campus, the first state government asset to hit the market from a large portfolio flagged for sale last week.
