Local industrial firm Perron Group has reported yet another big net profit, boosted by gains from a diversification strategy that included the sale of stakes in two Perth shopping centres.
Perron Group will remodel its Toyota WA logistics centre in a multi-million-dollar plan, to prepare for the completion of a nearby $100 million project.
The family company established by Pilbara mining pioneer, the late Don Rhodes, has reported another bumper profit as it continues to benefit from very large iron ore royalty payments.
Vicinity Centres has flagged a timeframe for the stalled $350 million redevelopment of Morley Galleria, with initial works to start in this financial year.
Bayswater Mayor Filomena Piffaretti says she has zero confidence in the property developers moving on the Galleria Shopping Centre without imposed timelines on the delayed redevelopment.
The real estate investment trust will acquire 50 per cent shares in Belmont Forum and Cockburn Gateway shopping centres, in the largest WA property transaction in three years.
Our weekly appointments wrap includes Matt Macfarlane, Terry Hill, Craig Hatch, Kaylene O'Brien, Alex Kidman, Caitlin Iustini, Richard Goyder and Ellie Coates.
Richard Goyder has been named as the incoming chair of one of Australia's largest private companies, just months after his early retirement from the Qantas board.
Perron Group is selling out of the expansive Vasse Estate, a master-planned community on the outskirts of Busselton, with its stake tipped to be worth tens of millions of dollars.
Perth-based investment company Perron Group has reported another big profit while flagging plans to diversify its portfolio, anchored by property assets like Central Park and Cockburn Gateway.
Ian Armstrong has stepped off the board of major private conglomerate Perron Group, to be replaced after 35 years as a director by Victorian Ken Marshman.
Perron Group has sought a four-year extension to start building the $1 billion Cockburn Quarter project, citing “extenuating circumstances” in the market.
New financial reports show a handful of Aboriginal groups gaining more income from mining royalties but others going backwards, while the sector as a whole remains the poor cousin.
In this podcast, Mark Beyer and Simone Grogan discuss lithium takeover battles; the interest rate outlook; local government elections; and profit results from WA's biggest companies, including ABN Group, Perron Group, Roy Hill and Wright Prospecting.
Perron Group has maintained its standing as one of WA's most profitable private companies despite making substantial write-downs in the value of its expansive property portfolio.
WA has some very prominent philanthropists, detailed in our updated list of foundations, and there is a push to expand giving across the wider community.
Senior journalist Matt Mckenzie and Jordan Murray discuss Philip Lowe's show of courage and Bill Johnston's openness to the possible sale of Gold Corporation.
Perron Group's application to build a new Toyota WA headquarters has been approved after a swift 10-minute meeting by a development assessment panel today.
Not-for-profit health care group St John of God has unveiled plans to build a new hospital in the state's South West next year in a bid to keep pace with the region's growing population.
Mining giant Rio Tinto paid more than $1 billion in royalties to four Perth families last year as a result of deals struck by their forebears in the 1960s.