Property

LOCAL firms are becoming more conscious of the benefits associated with green building design, and sustainable building principles are gaining momentum in the marketplace, according to the proponents of what will become one of Australia’s top environmenta

DEMAND for industrial land in Perth has been tipped to rise ahead of the resources sector’s next growth cycle, while a shortage of supply is expected to increase upwards pressure on industrial rents and land values throughout this year and next.

A RECENT industry analysis of the apartment development market in Western Australia has found finance and construction constraints will reduce the current supply of apartments by 85 per cent by 2013.

PERTH’S CBD office market could soon return to a state of extremely low or zero vacancy rates, as increasing demand from the resources sector combines with a lack of new office construction, the Property Council of Australia has warned.

SARACEN Properties and Probuild have finalised negotiations over the completion of Raine Square, six weeks after WA Business News revealed that Probuild had been selected as the preferred builder.

PERTH-BASED surveying and mapping firm McMullen Nolan says it will use the acquisition of mid-tier surveyor DM Gerloff & Associates to build its business outside of metropolitan land development and expand its capabilities of servicing mining and resource

The state government is failing in its bid to increase urban infill development in metropolitan Perth, according to new industry research.

RESIDENTIAL and commercial valuers are looking towards next year for a recovery in the property sector, as the industry endures criticism that overly optimistic valuations contributed to the global financial crisis.

PLANNING policy changes due to be released this month will give shopping centre owners in Perth the impetus to invest in centre expansions, an area which has been constrained for over ten years, according to the Shopping Centre Council of Australia.