Mirvac Group has cleared the way for development of its next high-rise apartment tower at Burswood after overcoming objections from local residents and the local council to its revised plans.
Burswood residents who objected to Crown Resorts' planned new hotel have failed in their attempt to overturn the state government's special approval process.
The supply of apartments in Perth's western suburbs will increase rapidly this year, with TRG Properties, Georgiou Living and Blackburne Property Group set to launch new projects during the next three months.
SPECIAL REPORT: The state government's efforts to boost housing affordability have resulted in an increase in diversity of housing options for those buying their first home, with developers saying Perth is coming of age as a modern city.
Owners of older office buildings in central Perth are struggling to find tenants, with the latest Office Market Report showing a widening gap between premium buildings and the rest of the market.
Investor confidence and demand for business premises will generate opportunities in the property sector in 2014, but it won't be in the traditional high transaction area of office leasing.
Brightwater Care Group chief executive Penny Flett and property developer Adrian Fini were among the Western Australian business figures recognised in the annual Australia Day honours.
After a record-breaking 2012, the past 12 months have been pretty quiet for new office construction in Perth, with little significant space to be added until 2015.
Property developer Paul Blackburne is finalising plans for a major apartment development in Swanbourne, after completing the purchase of a site on Alfred Road.
The campaign to sell Colonial First State Global Asset Management's half share of Exchange Plaza appears to have hit a speed bump amid concerns over the tower's key tenant.
Adapting to change is often considered one of the keys to business success, and yacht maker turned sculptor and builder, Glenn Swarbrick, has it in spades.
Efforts to boost residential and commercial development in Port Hedland have hit a hurdle, with the state environmental regulator rejecting a proposal to re-zone industrial land over concerns regar
The Shire of Roebourne has given Mirvac and LandCorp the go ahead for the Mulataga master planned community in Karratha, paving the way for the construction of more than 2000 new homes in the rapid
Experienced Perth property executive Evan Campbell has jumped on board an emerging north-west homes builder, hoping to help it capitalise on a still-buoyant market in the resources region.
MORE than four years after the onset of the GFC, it seems property investors in Perth are still adjusting to the persistently weaker conditions in the Western Australian market.
Mirvac has reported large writedowns in the value of its Leighton Beach and Burswood developments, contributing to a total of $273 million of losses for the property giant.
THE slowdown in mining project development last year has affected the Perth office market, with the vacancy rate for CBD offices recording a modest increase to 5.7 per cent in January.
Property developer Adrian Fini is among a group of investors who have acquired the Sebel Hotel in Mandurah , five months after his old company Mirvac Group sold the property.
LEIGHTON Properties has stolen a march on rival developers, including Brookfield Properties, aiming to start work on Perth's next large office buildings.
Development giant Mirvac has advanced its plans for the Karratha town centre, saying it will submit its development application with the Shire of Roebourne before Christmas.
PROPERTY group Mirvac has adopted a new construction strategy for its 33-level office tower in central Perth, opting to build the tower itself rather than award a separate construction contract.
A PARTNERSHIP between Woodside and national arts organisation Big hART, which delivered an arts program to youth in Roebourne, was among the winners at this year's Australia Business Arts Foundatio
Mirvac's streamlining strategy and favourable property revaluations have contributed to a significant rise in its full year net profit, despite problems in its development business.
A consortium between Leighton Properties and Mirvac has moved into pole position to secure development rights for more than five hectares of inner city land as part of the Perth City Link redevelop
Newly restored heritage buildings on St Georges Terrace are set to become a showpiece, but architects and developers worry new rules will halt other projects.
The state government is set to unveil a design concept this evening for the Mulataga master planned community, considered a key plank of its $1.5 billion Karratha city of the North development.
