GPT Group has confirmed it is in talks with Western Australia-based Ascot Capital to acquire its portfolio of commercial assets for circa $800 million.
ASIC has launched another lawsuit against Morley real estate developer MKS Property and Monica Kaur over allegations they helped raise $11 million as part of an unregistered investment scheme.
Jaxon Construction says it has paid a majority of the subcontractors on its Forrest Hall project, after days of speculation about the future of the company.
The state government awarded Pindan two multi-million dollar contracts despite having assessed the company as a financial risk because of its failure to meet several financial thresholds.
More than $951 million worth of Perth office assets have transacted so far in 2021, trending close to pre-pandemic volumes, according to the latest report from CBRE.
Contractors and creditors of Jaxon Construction are continuing to await an outcome of the company’s funding application, after a meeting today delivered no resolution.
The Town of Cottesloe is lobbying for tighter control over the significant development assessment pathway, following the approval of an apartment building last week.
An opening date has been set for the final stage of the $800 million Karrinyup Shopping Centre redevelopment, which will include a new dining and entertainment precinct.
Western Australia-based property syndicates Baron Property Group and Vanilla Property Investments have made a $10 million play for an aged-care facility as part of a new joint venture.
Gary Dempsey Development's contentious plan for an apartment building along Cottesloe's popular beachfront strip has been approved by the Western Australian Planning Commission.
