Dale Alcock and Garry Brown-Neaves have ruled out listing their successful building empire following a recently completed 20-year business plan that is designed to steer the group smoothly through their eventual retirements.
Growing Alcock Brown-Neaves Group from two building companies to more than a dozen businesses was a matter of identifying opportunities in the market and going after them as they arose, according to the firm's managing director, Dale Alcock.
Several Perth-based listed property groups have announced solid profit results this month, with diversification across market sectors a common strategy underpinning their performance.
Watersun Property managing director Garry Garside's only Melbourne syndicate, Clarke Street Pty Ltd, acquired its first asset last week, capping off a busy period for the Perth-based occupational physician.
Concerns are emerging about the implications of stage two of the state government's Five Star Plus environmental initiative, even before the housing industry has implemented the first stage of the plan.
Now that Perth's office space shortage has reached flash point, developers are pushing ahead with office developments on the city fringe to take advantage of soaring rents.
Western Australian aged-care providers in the not-for-profit sector are increasingly taking stewardship of local government aged-care facilities, as councils face more complex regulatory requirements and rising service provision costs.
It would be easy for the uninitiated to walk past Gwenael Lesle's French bistro in Wembley and assume it was just another suburban eatery with adequate food and service for a predominantly local clientele.
Regular customers of David Coomer's Star Anise restaurant in Shenton Park will know that the highly acclaimed chef goes to great lengths to source produce (he gets his Glenloth game pigeons flown over from Victoria to Perth).
Since about April, all of State Scene's best informants have said that the coming federal election would be held in November; in other words, later rather than sooner.
Energy and resources sector asset services contractor PearlStreet Ltd has announced a $1.6 million net profit for the year ended 30 June 2007, it maiden profit as a listed entity.
Evans & Tate creditors today met to form a committee in an attempt to try and recoup $185 million they are owed by the Margaret River winery, although administrator Ferrier Hodgson partner Martin Jones believes the process will be difficult.
East coast wine player McWilliam's Wines Pty Ltd has entered into an agreement with the receivers of Evans & Tate Ltd for the Australian distribution of the E&T, Gnangara, X&Y and Oakridge wine ranges from September 1.
The failed property developer Westpoint Group owes investors more than $420 million and with two exceptions, investors in most of its projects will receive little if any return, a report by the Australian Securities and Investments Commission has found.
UK-headquartered oil services company Cape plc has bought Kwinana-based mining and industrial processing services company TCC Group in a cash and scrip deal worth $85 million.
Perth's MacCormick family has agreed to sell its engineering and tunnelling business, DJ&MB MacCormick Civil Engineering, to ASX-listed contractor Walter Diversified Services Ltd for $35 million.
The appointment of a new board and executive team in June 2006 heralded a revival in the fortunes of Western Metals Ltd, which has been ranked as the best performing Western Australian stock last financial year.
Two new communities, dubbed Haynes and Hilbert, will spring up in the green southern locale of Brookdale early next year, when developers begin subdividing up to 1,580 hectares of land around the Wungong Brook.
Roxby Architects has built a strong niche in the design sector by specialising in retail interiors, including the design of all McDonald's restaurants and Betts shoe stores across Australia.
Employers and employees in the real estate sector will have the right to agree on commission-only payment arrangements from October 1, when the Australian Fair Pay Commission's new piece rate Australian pay and classification scale for the sector comes in
The aftermath of a stock market correction is always a marvelous time for pondering some of the deeper investment questions, such as whether a business is better off following the
Not-for-profit organisations in Western Australia are embarking on a number of new projects in regional centres to service communities from Kununurra to Esperance.
Albany's Tanglehead Brewing Company has experienced such strong interest in its boutique beers that its owners are considering buying a bottling plant and finding some storage space to tap the demand.
When Newspoll - Australia's most reliable measure of two-party voter mood - shows Labor running at 56 percent and Liberals at just 44, the only question left to ask is how big will the seat margin be after the dust from the coming landslide has settled.
BOUTIQUE corporate advisory group, New Holland Capital Pty Ltd, has recruited Investec Bank executive Jason Brewer to run its newly established Perth office.
The spectacular rise in Fortescue Metals Group's share price since chief executive Andrew Forrest took the reins has made the iron ore developer the top performing Western Australian stock over the past five years.