Perth’s industrial land sector is starting to show similar traits to the CBD office market, with sales data over the first four months of 2012 showing a clear contraction in supply.
Perth has emerged as the hottest capital city location for property investment, with four metropolitan suburbs topping a list of the most affordable inner-city suburbs across the country.
Perth’s City Square has become just the second property worldwide to bear the name of Canadian investment fund Brookfield, after it was rebranded Brookfield Place Perth.
Mining and civil contractor Brierty’s joint venture with Ngarluma Yindjibarndi Foundation has won a $55 million contract to develop land for housing for Rio Tinto at Wickham, in the Pilbara.
PERTH is poised to smash a 20-year record, with the most new office space across the city coming online this year thanks in part to the pending completion of the troubled Raine Square development and
Belmont is undergoing a pickup in commercial and residential building activity along Great Eastern Highway, with new developments proceeding in tandem with the widening of the highway
Rising demand from the resources sector for office space in Perth’s CBD has been identified as the key driver of the highest rental growth across Australia since December 2008, CBRE says.
Atlas Iron has outgrown its current home at Alluvion on Mounts Bay Road, and will move into the $500 million Raine Square office tower by the end of the financial year, highlighting the tight office m
Perth City Council has backed more generous plot ratio bonuses across large parts of the city, with the hope it may encourage more hotel and residential developments in the CBD.
Cedar Woods has celebrated a decade of development in Victoria by acquiring a seven-hectare development site in Melbourne’s north-west for $12 million.
The Housing Industry Forecasting Group is predicting a slow recovery for the Perth new homes sector, with dwelling starts down 11 per cent this year on last.
Confidence is returning to the residential property sector, the Real Estate Institute of Western Australia says, with a strong lift in sales activity across the state in the March quarter.
Residential developer Port Bouvard has received final environmental approval from the federal government for its Point Grey 3,000-lot master-planned community near Mandurah
Curtin University has developed sustainable building guidelines independent of the Green Building Council Australia’s Green Star ratings, after having one of its new buildings recently certified under
THE state government’s planning reforms have come under fire after it approved changes to the Town of Cottesloe’s development scheme, allowing up to eight-storey buildings to be constructed along the
The state government has identified 37 areas for future industrial estates in the metropolitan and Peel regions, which are expected to meet long-term demand for industrial land.
Cottesloe’s town planning scheme has been finalised to allow up to eight-storey buildings along the beachfront, but the government says the new regulations do not allow for high-rise development.
