THE Links Kennedy Bay golf course has been re-opened under new management with developer Mirvac taking over the role after the former manager was placed into administration.
SOUTH Perth-based property developer Finbar has put its majority owned Gateway office development, currently being built on the former Nutrimetics site on Albany Highway, on the market.
Privately owned investment company Perron Group’s shopping centres and offices have helped it comfortably absorb more than $100 million from downward revaluations of its equity investments.
The state government has announced it will lift the moratorium on the commercial production of genetically modified cotton in the Ord River irrigation area, boosting the prospects for a major expansion of the region.
Despite record low land sales, prices have steadied and there are early signs of a recovery in the residential property market, property developer Mirvac and the Urban Development Institute of Australia said today.
Superannuation Minister Nick Sherry has released a two-part discussion paper on the implementation of the government's superannuation clearing house measure and possible initiatives to reduce the number of lost super accounts.
The residential population in the city of Perth is booming, and forecasts predict the number to more than double in just over 20 years breaking the 30,000 residents barrier.
WHILE the top end of town chases the advertising dollar in securing chart-topping commercial acts to tour Western Australia, a niche market for musical entertainment has emerged with a different focus.
RESIDENTIAL developers are beginning to see the effects of sliding interest rates and boosts to the first homeowners grant, with some recording a significant increase in traffic through sales offices.
Property developer Nigel Satterley believes the Perth residential property market is virtually at the bottom of its downward cycle, with increases to the first home owners grant and the drop in interest rates injecting some stimulus into the market.
A major redevelopment of Belmont Park racecourse is back on the table after Planning Minister John Day today approved the advertising of a metropolitan region planning scheme amendment.
Property prices in most capital cities including Perth have plummeted in the September quarter, with house and unit prices flattened or posting negative rates of return in the past 12 months.
AT least four major shopping centres across Perth are poised for a change of ownership, including three of the Centro Properties Group's largest Western Australian assets.
THE state government plans to release a draft revision of a controversial policy which caps shopping centre growth, which has been described as out of touch with residential expansion in new growth areas, early next year.
INDEPENDENT property valuers, Christie Whyte Moore and Valuation Partners, have merged to form what they claim is Western Australia's biggest property valuation company.
AS the credit crunch hits real estate investment trusts, the spotlight has turned to the strength of Victorian-based Becton Property Group, which has a number of holdings in the central business district - including a stake in 111 St Georges Terrace.
