Sumitomo Forestry has taken a controlling stake in Scott Park Group, becoming the first Japan-owned company to enter Western Australia's residential construction market.
The state government's stimulus of the apartments sector has been welcomed by industry, but project eligibility and its likely effect on new home builds are being questioned.
Prominent building identity Craig Gemmill has called time on 15 years at his namesake company, selling his stake to co-founder John Wilson, but the Gemmill Homes brand will remain active in Western Australian homebuilding.
