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Eglinton properties hit the market

Two large englobo sites, ripe for residential development and comprising 171.7 hectares in Eglinton, have been listed for sale.

Office market upside

Questions over the stability of Perth’s office market have dogged the sector of late, but signs of an uptick in sentiment are emerging.

CEO lunch with Brendan Gore

Despite his non-linear career pathway, Brendan Gore’s resources sector roles have provided invaluable experience for his leadership at Peet.

Hassell selected for $17m regional project

Design firm HASSELL has been appointed as the architects for the new $17.8 million South Regional Tafe Esperance campus, with planning and design works now under way.

Work to start on $15m Rockingham revamp

Civil engineering contractor Ertech has been chosen to deliver the first stage of the City of Rockingham’s plans for a $15.7 million revitalisation of its foreshore precinct, with construction to start on Monday.

Works starts on $90m aged care precinct

Broad Construction has commenced building works at Hall & Prior’s $90 million planned community Karingal Green, a new aged care precinct set to provide 160 beds, health and wellness hubs, as well as research and training facilities.

Finbar lifts profit guidance

Apartment developer Finbar Group has lifted its net profit expectations for the 2018 financial year as a result of what it says are improved market conditions and project settlements.

Optus Stadium tops industry awards

Optus Stadium’s awards winning streak continued over the weekend when it was acknowledged in different categories at two events held in Perth.

Big raps on micro-house

Local architect Kate Fitzgerald is winning converts to her plans for sustainability driven micro-lot house design.

Raine Square confirms new tenants for stage 1 launch

Two high-end restaurants will join a 12-screen cinema as tenants in the $75 million Raine Square redevelopment project, the first stage of which is set to open in September.

Subbies row escalates to ABCC

A war of words between two local construction groups has intensified, after Subcontractors WA referred accusations of intimidation by Master Builders WA to the Australian Building and Construction Commission.

SAT sides with Como Hotel developer

Woolworths subsidiary ALH Group has had a win in the State Administrative Tribunal this week over its plans to develop a Dan Murphy's liquor store as part of its Como Hotel redevelopment, following a multi-year saga involving liquor licensing and the City of South Perth.

Housing data shows 10-year WA decline

Two reports out today highlight the weakness in Western Australian property prices over the past decade, including dramatic falls in some regional pockets, but the upside is the state has the most affordable housing across the nation.

Growthpoint puts $91m into Perth office market

Listed investor Growthpoint Properties Australia has struck a deal to buy a Wellington Street office building, the latest deal off the back of a healthy sales pipeline for Perth’s commercial office market.

West Perth digging itself out of a hole

Demand for office space in West Perth has fluctuated widely with commodity prices and the mining sector’s fortunes but the suburb is now attracting interest from diverse industry sectors.

Chinese investor in $19m play for Kelmscott Plaza

A private Chinese investor has made its first move in Perth’s property market, purchasing Kelmscott Plaza Shopping Centre for $19 million.

Pindan wins Parkerville contract

Pindan has been awarded the design and construction contract for the first stage of an $18.5 million youth care centre project in Midland.

Lifting Perth’s lagging land sales

Growth in population and jobs are two factors that will lift the volume of residential greenfields land sales, a recent industry event has heard.

Fragrance gets the go ahead for $180m CBD twin-tower

Singapore-listed Fragrance Group is one step closer to realising its $180 million vision for a two-tower hotel-cum-office and residential development in the CBD’s west end, with the City of Perth giving the project the green light.

Nicheliving makes more changes in listing quest

The long road to an ASX listing for Nicheliving Holdings continues, after the property developer released its fourth supplementary prospectus this week, including details of its new 'big 4' auditor and a new director, and foreshadowing the release of a third replacement prospectus that will not have financial forecasts.

WA to lead residential property recovery

Sentiment towards Western Australia’s housing market fell during the second quarter of 2018 but the state is expected to lead the country for residential property capital growth over the next two years, according to a survey of industry professionals.

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