Northern Star Resources and SRG Global are among the businesses moving into 500 Hay Street, as its developer allays fears about the building's structural integrity.
Plans to relocate Mineral Resources' headquarters into the $110 million SubiXO development are in doubt over concerns about structural issues at the Hay St property.
Saracen Properties and Security Capital Australia have announced the development of a $100 million, five-star spa and resort in Margaret River, a boon for the South West region's tourism industry as it pursues a post-pandemic revival.
International hotel chain Park Regis has pulled out of operating a just-built Subiaco hotel prior to its opening, with the developer behind the project seeking a new operator.
SPECIAL REPORT: Perth's hotel capacity has increased by about 30 per cent since 2012 and Business News has identified a further 3,150 rooms that are either under construction or committed, as the city's hotel sector is transformed.
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.
Singapore-based developer Dradgin Pte disclosed today it had offered financial assistance to Cooper & Oxley Builders, which has suspended work on all its construction sites this week.
SPECIAL REPORT: Perth's suburban office market is becoming as patchy as that in the CBD, with Joondalup and Fremantle emerging as the only upcoming opportunities for new developments.
Sydney-based hotel group StayWell Hospitality Group has confirmed it will bring its Park Regis brand to Western Australia after signing deal with developer Dradgin to be part of the former Ace Cinemas site in Subiaco.
Work is expected to start shortly on a new shopping centre at the old Station Street Markets in Subiaco, with construction contractor Doric appointed this week.
Two major projects considered vital to the revitalisation of Subiaco are closer to reality, with a 16-storey tower at the Pavilion Markets site to win planning approval and construction immin
