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GCS acquires 100% of subsidiary

Global Construction Services has moved to full ownership of its fast-growing east coast subsidiary, Gallery Facades, through a scrip deal worth up to $11.3 million.

Asic bans Pilbara property developer

Former Pilbara-focused property developer Veronica Macpherson has been permanently banned from providing financial services following an investigation by the corporate watchdog.

BGC sale a unique opportunity

BGC’s vertically integrated structure is unlike any other business in Australia and will narrow the field of potential buyers.

Govt backs controversial Fifo camp

The state government has backed plans for a 700-bed workers camp at Karratha, despite opposition from the local community, after Woodside Petroleum launched a website that is meant to boost local employment on future gas projects.

Construction tenders June 1 2018

ProjectCloseTendererSubmissionsSuccess - driver and vehicle services centreJun 11ADCO Constructionsestperth@adcoconstruct.com.au109 St Georges Terrace Jun 6Aurora Project Groupestimator@auror

Perth house prices slip in May

Perth house prices have declined or remained steady in four of the past five months, according to the latest data from CoreLogic, while national values posted the first annual decline in more than five years.

ASX to spend $30m on new e-conveyancing firm

The ASX has announced it will spend $30 million over the next three years to set up an electronic property settlement business with tech company InfoTrack that will compete with sole player PEXA.

Cooper & Oxley boss hoping to revive builder

The Supreme Court of Western Australia has approved an amendment to a restructure of embattled construction company Cooper & Oxley Builders that will leave unsecured creditors with between six and 13 cents in the dollar.

Activate Perth makes first move

A new association is aiming to liven up the streets of the CBD and fill its empty spaces with startups and creative enterprises via short-term and rent-free rolling leases.

Property group wants Metronet broadened

Broadening the scope of the state government's Metronet rail project to include existing station precincts as a means to deliver short-term development opportunities was among the key recommendations outlined in an Urbis report released today.

Rinehart and Forrest top WA rich listers

Iron ore maganates Gina Rinehart and Andrew Forrest remain in the top 10 of the nation’s wealthiest people, according to the 2018 AFR Rich List, which included 20 Western Australians out of 200 people listed this year.

BGC among WA’s largest private businesses

BGC Australia is one of the state’s largest and most diverse business groups, with revenue last financial year in excess of $2 billion from its building, construction, property, contracting, trucking and manufacturing operations.

BGC up for sale

BGC Australia director Sam Buckeridge announced this afternoon that the sprawling property and construction empire built by his late father Len Buckeridge is being prepared for sale.

Sydney investor buys National Lifestyle Villages

Sydney-based investor Rob Nichols has teamed up with Singapore-based investment fund GIC to buy the assets of Perth company National Lifestyle Villages following a review led by Sirona Capital director Kelvin Flynn, who has run NLV since October last year.

Peet confirmed for Swan Valley project

Perth-based Peet has confirmed its appointment by the state government as the developer for the Brabham housing project near the Swan Valley.

Development potential for Northbridge site

A prime site in Northbridge, located on William Street opposite Yagan Square and Perth City Link and earmarked for a multi-tower mixed-use development, has been listed for sale.

National review seeks to strengthen security of payments

A national review has recommended all state governments establish a system of statutory trusts for building projects above $1 million as part of a package of measures to tackle the impact of company failures and late payments on contractors.

Perth housing data sends mixed message

The Perth property market has recorded an increase in the price of new land sold and strong growth in land under construction in the March quarter, however annual data in a new report out today shows the market still has a long way to fully recover.

Construction tenders May 18 2018

TendererProjectCloseSubmissionsBroad Construction ServicesFremantle - civic building and libraryJun 5jaan.lind@broad.com.auBroad Construction ServicesLeighton Beach - Compass apartmentsJun 1tim.an

Monaci to head Georgiou Group

John Georgiou will step down as chief executive of family-owned Georgiou Group after 20 years in the role, with executive general manager Rob Monaci to take up the position from August 1.

$160,000 fine after two deaths

A cartage company has been fined $160,000 after pleading guilty to causing the death of two construction workers in East Perth in 2015 after tilt-up panels fell off a truck.

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