The Australian stock market has shrugged off an emergency rate cut from the Reserve Bank, hitting a fresh four-year low in the process, while the Australian dollar has sunk to an 18-year low.
Nine Entertainment, BlueScope Steel and more companies have joined the flood of listed firms cancelling their earnings forecasts as coronavirus chaos spreads.
ASX-listed developer Mirvac is shifting its focus to the Burswood Peninsula as its $350 million Beachside Leighton precinct reaches the final stages, with the company's fourth residential building at the coastal enclave having recently topped out.
Property group Mirvac has lifted its interim dividend following a 21 per cent gain in first-half operating profit to $352 million, though the firm's net result slipped.
Western Australian homebuyers are more in tune with design and surrounding amenity than their eastern states counterparts, with the vast majority of respondents to a recent survey also believing current market conditions are ideal to buy property.
National developer Mirvac is spearheading a push for more affordable housing product in Western Australia, with initiatives designed to provide a stepping stone to home ownership and reduce ongoing living costs.
A developer will be appointed to revitalise the East Perth Power Station early next year, after the state government asked its shortlist of proponents to submit detailed plans for the riverside precinct.
SPECIAL REPORT: Developers are leaving market uncertainty in the past and focusing on design and amenity to guide the next wave of Perth apartment projects.
Celsius Property Group has signed construction contractor Jaxon to build the latest apartment project at Claremont Oval, a $21 million, 40-dwelling luxury development.
Mirvac has launched a $750 million placement, with the property group eyeing the top end of its FY19 guidance and planning to lay the foundations for more success.
Mirvac is trialling a rent-to-buy initiative at its Claremont by Mirvac development, joining a handful of other developers in Australia to adopt an arrangement that is common in the US and Europe.
National developer Mirvac is seeking to leverage the strength of its balance sheet to pursue new opportunities, at a time much of its competition is stifled by a lack of available finance.
Mirvac Group will start construction on the final stage of its Leighton Beach precinct this week, with a $40 million, 104-apartment complex expected to take around 18 months to complete.
SPECIAL REPORT: Battered by the biggest downturn to hit the property sector in decades, WA land developers remain in survival mode as they await an expected recovery.
The man behind the Perth expansion of Australia's biggest architecture practice is expecting a quantum shift in the way projects are developed in the city.
SPECIAL REPORT: Paul, Nathan and John Blackburne are proving that they don't have to work for the same company to leave a family legacy in Perth's property industry.
SPECIAL REPORT: Confidence is returning to the state's apartment market, with developers seeking to boost their project pipelines. Click through to see our map with 30 apartments projects across Perth and our updated ranking of Property Developers.
The state government has announced a new board to run the Metropolitan Redevelopment Authority and LandCorp in the lead up to their planned merger, with just one board member from the MRA continuing on the new body.
Listed property developer Mirvac Group has introduced a scheme to make apartments at its Latitude Leighton Beach development more affordable for first home buyers.
The private sector has matched public funds dollar for dollar in 2017 to support the Historic Heart of Perth project, which aims to revitalise the east end precinct through public art and streetscape improvements.
Analysis of spaces available for lease across the portfolios of Perth's 10 biggest office landlords shows stock market-listed groups are having the most trouble locking down tenants.
A third student accommodation project has been proposed for Perth's CBD, while a Hong Kong-based developer has been enlisted to build a residential, retail and entertainment complex as part of the Metropolitan Redevelopment Authority's latest efforts to get things moving at the Perth City Link.
TRG Properties will develop 170 apartments at Claremont Oval, after becoming LandCorp's fourth private sector partner at its Claremont on the Park renewal project.
SPECIAL REPORT: Local developer and syndicator Primewest joined the list of Western Australia's top three office landlords following its $113 million purchase of a 50 per cent stake in Exchange Tower.
A new food and beverage precinct will open early next year on St Georges Terrace, with Mirvac Group today unveiling its vision for a redeveloped Allendale Square.
LandCorp has released design guidelines for the redevelopment of Bassendean Oval, flagging development of up to eight storeys around the Swan Districts Football Club home ground.
Mirvac Group and Singapore's Keppel REIT's $103 million new office tower at Cathedral Square has officially opened, with the Supreme Court to take up residence next month.
Women are being appointed to ASX200 boards at a faster rate than ever, but a number of major Western Australian companies remain without any female representation on their boards.
The Metropolitan Redevelopment Authority has been forced to reassess its development strategy for the remaining lots of the Perth City Link, with a long-term agreement with Mirvac Group terminated today.
Blackburne has become the latest developer to buy into LandCorp's Claremont on the Park, unveiling a plan to build 123 apartments and 1,950 square metres of commercial space on one of the landmark
Mirvac Group has shifted its strategy to reflect the nature of Perth's patchy apartments market, rolling out more affordable dwellings at its Leighton Beach and Claremont projects instead of multimillion-dollar luxury apartments.
Legal collective Francis Burt Chambers has renewed its lease at Allendale Square, signing on for another 15 years at the Mirvac Group-owned CBD office tower.
