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Finbar in $36m raising

Finbar Group has raised $31 million through a share placement, with the funds going towards the construction of the $350 million Canning Bridge project in Applecross and the $108 million Palmyra Apartments Estate project.

Brown-Neaves targets industrial potential

Property veteran and former ABN Group co-owner Garry Brown-Neaves has seized the opportunity to broaden his portfolio, launching new industrial and commercial estate Precinct 95 late last month.

WA home loan delinquency remains nation's worst

Western Australia has retained the highest home loan delinquency rate in the country for the third straight year despite an improvement in 2017, with some of Perth’s northern suburbs among the worst performing in Australia, according to ratings agency Moody’s.

Agency Group in WA purchase

ASX-listed The Agency Group Australia has announced plans to acquire the residential sales and management arm of North Perth-based Vicus Property Group in a cash and scrip deal.

Flexibility shapes office vibe

The design at Dentsu Aegis Network’s new home is tailored to cater to a variety of working styles and needs.

Cannington opportunity builds

Several property developments are taking shape at the heart of the City of Canning, with its $70 million regeneration program set to start works next month.

Construction tenders April 9 2018

TendererProjectCloseSubmissionsAbseconEllenbrook - Holy Cross College stage 6aApr 20tenders@absecon.net.auADCO ConstructionsSwanbourne - upgrades and extensions to defence housesApr 20estperth@adc

DJC links Doric and Jaxon

Construction veteran Harry Xydas has created a new holding company to own Doric and its sister company Jaxon, after he moved to full ownership of both businesses.

Diverse offering key element for success

Perth's largest urban planning firm, TPG + Place Match, has sought to reposition itself in the market with a new direction and name – Element.

Perth house prices on the way up

Perth house prices were up 0.3 per cent in March, and have risen in four of the past six months, according to the latest data from CoreLogic, adding to hopes of a sustained improvement in the residential property market.

Riff plays to Spacecubed’s strengths

Spacecubed’s expansion plans are taking shape, with the social enterprise re-branding its original co-working space and using design as a key part of its business strategy.

Finbar on the lookout for hotel operator

Finbar Group is inviting expressions of interest from hotel operators for a proposed 18-storey hotel located on Adelaide Terrace, a site previously home to the ABC studios.

Big potential for Applecross site

A 1.7-hectare site combining 12 land holdings near Canning Bridge in Applecross has come onto the market, representing one of the most significant masterplan development opportunities in Perth.

Brown-Neaves launches Precinct 95

Property developer Garry Brown-Neaves has today formally unveiled a new 18 hectare commercial and industrial precinct within the existing Forrestdale Business Park, bordered by Ranford Road and Alex Wood Drive.

Board Moves: John Gillam, Kim Horne

Former Bunnings managing director John Gillam has been named as the incoming chairman of building products company CSR while Macmahon Holdings has bolstered its board by recruiting former Alcoa executive Kim Horne.

Medium density misses the mark

A disconnect between urban infill ambitions in WA and the sector’s ability to deliver is hindering the development of medium-density projects.

Saffioti plans taking shape

SPECIAL REPORT: Rita Saffioti is stamping her mark on the transport, lands and planning portfolios she took on last March, initiating a number of major reviews and appointing several industry figures to key roles.

Iconic Scarborough redux

Three months after the Metropolitan Redevelopment Authority rejected its $450 million Iconic Scarborough proposal, developer 3 Oceans Property has emerged with a set of revised plans that feature slimmer towers and a renewed focus on tourism.

Construction tenders March 26 2018

TendererProjectCloseSubmissionsAbseconPeter Moyes Community School - chapelApr 6tenders@absecon.net.auADCO ConstructionsBentley - Swancare aged care facilityApr 4estperth@adcoconstruct.com.auADCO

WA projects win national property awards

Alkimos Beach and Elizabeth Quay have won top honours at the Urban Development Institute of Australia’s national awards for excellence, presented in Melbourne last night.

New World Trade Centre plan developed

The private group behind ambitious plans for a $1 billion-plus World Trade Centre development in Perth has prepared updated designs focused on the Megamart site it already owns in Northbridge.

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