Shopping for experiences

SPECIAL REPORT: New retail property developments are driving offerings that capitalise on lifestyle needs, but five of the biggest projects are yet to push the button.

Retail assets prove value

SPECIAL REPORT: Investors are eyeing opportunities in the state’s retail property market.

Work starts on $55m SwanCare project

Adco Constructions has broken ground on SwanCare’s $55 million retirement living and aged care project at Bentley Park, which will include a new residential care facility as well as a leisure precinct.

Ric New honoured with Robert Law Award

Midland Brick founder, the late Ric New, has been honoured for his influence on Western Australia’s building industry, receiving the Master Builders Association’s Robert Law award.

New land sales rise again

New land sales in Perth have increased for the third straight quarter, according to new data out today, with the Urban Development Institute of Australia WA saying the results reflect rising confidence in the local market.

Brokers building a better process

From a reputational point of view, Tristan Kirkham acknowledges the role played by building brokers is not as well understood as that of insurance and mortgage brokers.

Office facelifts shape success

Construction company SHAPE Australia has ridden the surge in office building revamps, resulting in two awards and its highest revenue in five years.

$130bn of major projects in WA

Nearly 140 major projects are either under way or planned for WA, new research by Business News has found. Click through to access the new list on the BNiQ Search Engine.

Pindan expands to Gold Coast

Pindan is set to expand its operations to the Gold Coast, after being granted development approval for a 25-storey apartment building.

Brewer to head Property Council

Former National Lifestyle Villages marketing general manager Sandra Brewer has been named the Property Council of Australia’s new Western Australian executive director.

Far East gets the Minister’s tick for $158m project

Planning Minister Saffioti has approved Far East Consortium’s plans for a two-tower development adjacent to the Perth Arena, with one tower to house the Dorsett Hotel.

Lester Group creates new seniors’ community

Local property investor and developer Lester Group has unveiled plans for a new 186-home seniors’ lifestyle community called Edenlife Australind, within its Kingston residential estate in the south west.

Gelavis to lead MBA, Hailes leaves UDIA

Property executives John Gelavis and Allison Hailes have both left their respective roles this week, with Mr Gelavis selected to head the Master Builders Association of WA.

Supreme Court rules on broken soap dish

It may seem a trivial matter, but a recent Court of Appeal ruling on who was responsible for maintaining the shower recess in a $1,700 per week rental property should be of keen interest to many landlords and insurers.

MGroup’s Monument moves at Beeliar

Integrated property business MGroup has added another string to its bow with the launch of a new land development brand – Monument.

EPA supports marina deadline extension

Property developer Tian An Australia (formerly PBD Developments) has won regulatory support to postpone the start of construction at its long-delayed Point Grey marina south of Mandurah.

New Northbridge venue shuts down

Northbridge restaurant and microbrewery Cyril Mason’s has closed its doors less than three months after opening at the William Street location.

Perth office vacancies continue to fall

The worst may be over for Perth’s office market, with the latest statistics pointing to another fall in vacancies, dropping slightly from 19.8 per cent to 19.4 per cent in the six months to July, according to the Property Council of Australia’s mid-year office market report released today.

Carousel’s $350m revamp reveal

Scentre Group is set to lift the curtain of its $350 million Westfield Carousel redevelopment at the end of this month, which will feature a new rooftop dining and entertainment precinct as well as an additional fashion mall, anchored by David Jones.

Prendiville confirms Brisbane Hotel deal

The Prendiville Group has confirmed it is the owner and operator of inner-city pub The Brisbane Hotel after former licensee Geoff Hayward placed his private company into voluntary liquidation.

Blackburne plans $250m Subi project

Apartment developer Blackburne has sketched out ambitious plans for one of Perth’s most contentious properties, after paying $25 million for the Subiaco Pavilion Markets site.