Mirvac Group and Singapore-s Keppel REIT's soon-to-be opened office tower at the Cathedral and Treasury Precinct has been officially named the David Malcolm Justice Centre.
Two of Perth's largest architecture and design firms, Hames Sharley and Cameron Chisholm Nicol, have expanded by recruiting the founders and staff of two smaller Perth practices.
Property developer Mirvac Group has lifted half-year profit 69 per cent, helped by revaluation gains in its portfolio, but expects conditions to remain challenging in Western Australia into FY18.
SPECIAL REPORT: The planned redevelopment of the Shenton Park hospital site will add to a string of LandCorp projects boosting residential land supply in the western suburbs.
DEXUS Property Group has made a conditional, non-binding $2.5 billion cash and scrip bid to merge with the ASX-listed Investa Office Fund, which has a nationwide portfolio of assets that includes t
LandCorp has named a shortlist of three developers for the construction of a fourth lot at Claremont on the Park, while the City of Swan has approved a master plan for the Midland Oval redevelopment.
Mirvac Group's long-awaited next stage of apartments on the Burswood Peninsula could be facing further delays, with the developer seeking to extend the date by which it must commence the already approved project until January 2019.
Port Hedland investors and developers are proving to be resilient and opportunistic, but it remains to be seen how the Pilbara town will successfully diversify from its resources-reliant economy.
LandCorp has released the fourth major development plot at its Claremont on the Park urban infill project, with the site to yield a building of up to six storeys with a minimum of 119 apartments.
Perth's commercial property market got a dose of good news/bad news this morning, with the office vacancy rate slightly lower than it was expected to be at 16.6 per cent, however it was the highest
Demand for apartment living is rising in the western suburbs, but a lack of suitable sites and community opposition to large-scale projects is hampering developers' efforts to meet buyers' needs.
Pindan Capital has bought residential land estate The Reef at Two Rocks, in a deal understood to be worth around $37 million, the third big purchase of prime coastal land in Western Australia recor
The commercial construction sector is emerging as a bright spot amid all the doom and gloom in WA. Click through to see the special report, with details of Perth's biggest construction jobs.
Mirvac and Singapore's Keppel REIT's $280 million office tower at the Cathedral + Treasury Precinct has hit a key milestone, with the building reaching its highest point at 33 storeys.
Medical groups have purchased three commercial lots at Pindan Capital's North One development in Subiaco, with six of the 17 premises at the mixed-use project sold just weeks after construction was completed.
Population growth is slowing, but Perth is still expanding and the challenges of a maturing city mean land developers are in for another busy year. The annual Special Report also includes an updated list of WA's biggest land developers.
Perth's office market remains on solid footing despite a rising vacancy rate that's forecast to peak at 19 per cent in 2016, with pundits saying the state's strong economic fundamentals and a small construction pipeline past 2015 will bring balance back into the sector.
The next stage of LandCorp's Claremont on the Park has been unveiled, with developer Mirvac Group launching sales for a luxury 142 apartment project today.
Property developer Mirvac Group is aiming to strengthen relationships with Western Australian charities as it works on a cohesive community investment strategy.
Our annual Apartment Developers feature discusses the oversupply debate of apartments in Perth's inner city, the government's proposed changes to strata titles, and the next wave of demand for apartment projects.
The WA division of the Urban Development Institute of Australia Council has announced Mirvac development director for master-planned communities, Kim Lawrance, will join the returning members of th
Brookfield Multiplex has been given the inside run on two development sites at Elizabeth Quay, after the Metropolitan Redevelopment Authority selected the building giant from a large field of developers for exclusive negotiations over the sites.
Property developers have reported substantial earnings growth during the 12 months to June as low interest rate settings foster a transition from resources to dwelling investment.
Developers are still rolling out significant new apartment projects across the metropolitan area, despite statistics showing multi-unit dwelling sales decreasing steadily as more supply comes to market.
FEATURE: Perth is in the middle of its biggest wave of office construction in decades, but a sustained burst of new supply means future prospects for commercial developers are increasingly bleak.
FJM Property has begun the leasing campaign for the retail and hospitality component of the State Buildings, part of the $580 million Cathedral and Treasury Precinct.
SPECIAL REPORT: The state's major builders appear unfazed to be operating in what's considered among Western Australia's most competitive and closely monitored business sectors.
