Probuild has been named builder of the year and won the national high-rise apartment award for its Ritz Carlton development at the Master Builders Australia award night.
Sumitomo Forestry has taken a controlling stake in Scott Park Group, becoming the first Japan-owned company to enter Western Australia's residential construction market.
The state government's stimulus of the apartments sector has been welcomed by industry, but project eligibility and its likely effect on new home builds are being questioned.
Prominent building identity Craig Gemmill has called time on 15 years at his namesake company, selling his stake to co-founder John Wilson, but the Gemmill Homes brand will remain active in Western Australian homebuilding.
Former BGC Australia Residential boss Kelvin Ryan is bringing a distinct Western Australian flavour to his role as managing director of Victorian homebuilder Simonds Group, signing prominent Perth property executive Kate O'Hara to head the company's marketing operations.
Three months after announcing an option to purchase Western Australia's eighth-biggest homebuilder, ASX-listed Simonds Group said today it would not proceed with the acquisition of Gemmill Homes.
ASX-listed building company Simonds Group is set to pay $6 million to acquire Western Australia's eighth-biggest homebuilder Gemmill Homes, in a deal foreshadowed in September by Business News.
BGC has returned to its traditional position as Australia's largest home builder, with the latest data from the Housing Industry Association showing six Perth-based builders among Australia's top 20.
THE downturn in Western Australia's property market is continuing to challenge the residential building industry, with housing starts falling across the board and businesses being forced to adapt.
