Embattled developer and funds manager Aspen Group has painted a gloomy outlook for its residential and commercial property syndicates, after launching a strategic review in the wake of a near-$100 mil
Australia’s largest property developer, Stockland, has confirmed it has sold 45 St Georges Terrace for less than what it paid for the building in 2006.
Apartments developer Finbar Group has delivered a sixth consecutive year of earnings growth, lodging a $28.3 million net profit for the year ended June 30.
FRESH from the opening of a $70 million logistics base in Hazelmere, private Australian company Linfox is on the lookout for more land to support its growth.
Claremont is set to have more than 500 apartments at the Claremont Oval site, continuing a recent trend of higher density western suburb residential developments.
Western Australia recorded the largest dip in new home sales in Australia in July, but the housing industry says the sector remains healthy thanks to significant gains made earlier this year.
Investa Office Fund says it is looking to increase its footprint in Western Australia’s commercial office market, after acquiring the building at 66 St Georges Terrace for $82.4 million.
THE number of Perth shopping centres changing hands this year has grown to six, with the conditional sale of Phoenix Shopping Centre for about $80 million; but there has been no progress on Westfield
Perth has recorded a jump in land sales in the June quarter despite further signs developers are finding it increasingly difficult to bring land to a growing market.
Mirvac's streamlining strategy and favourable property revaluations have contributed to a significant rise in its full year net profit, despite problems in its development business.
Cedar Woods Properties says its focus on residential markets in Western Australia and Victoria has helped it defy challenging conditions and lodge a record profit for the year ended June 30.
The state government has awarded its third early works package for the Elizabeth Quay project, with specialist contractor Maritime Constructions being awarded a $7 million deal to reconfigure existing
Rents continue to increase across the metropolitan property market, while the number of tenants walking out on their leases to find cheaper accommodation is starting to climb, new research says.
PERTH construction group Georgiou has won a $32 million contract from Lend Lease and LandCorp to carry out the earthworks for the first phase of the South Alkimos residential property development proj
NEW residential developments in the western suburbs are bringing small blocks, townhouses and small apartment buildings into a market traditionally dominated by large properties.
