News Articles for Ronnie Michel-Elhaj

The corporate watchdog and the Australian Federal Police have raided three residential premises as part of an ongoing investigation into fallen homebuilder Nicheliving.

Nicheliving's directors' bid to regain full control of the entities is in limbo after they missed a deadline to sell their Northbridge office - a crucial condition of their buy-back plan.

Former Nicheliving customers have so far been paid out more than $30 million worth of taxpayer-underwritten insurance claims, as new builders take on the unfinished work.

Prominent property development group Nicheliving has hit back at media reports about a disgruntled buyer and a Fair Work investigation.

Nicheliving is among a growing number of players spending up big on properties across the western suburbs.

More than $100 million worth of residential projects are emerging in and around the city fringe location.

Power Ledger's energy trading technology is set to be rolled out across a range of residential projects developed by Nicheliving, under a three-year deal unveiled this week.

The state government is making a major push for more medium-density housing, but market conditions and community sentiment loom as major hurdles for developers.

Investors across Australia have backed Primewest's ambitions to expand its offering via an ASX listing, with the company confirming it has raised its targeted $100 million.

Property developer Nicheliving has hit the restart button on its planned ASX listing, after making several major changes to the business, including announcing plans to appoint a new corporate adviser and auditor.

The long road to an ASX listing for Nicheliving Holdings continues, after the property developer released its fourth supplementary prospectus this week, including details of its new 'big 4' auditor and a new director, and foreshadowing the release of a third replacement prospectus that will not have financial forecasts.

Property developer Nicheliving Holdings has substantially revised its plans for a stock market float after striking a deal to give 20 per cent of the company to a Singaporean investor who recently launched a $21.4 million legal claim.

The planned listing of Nicheliving Holdings has provided a detailed insight into the state of the business and its future plans.

Property developer Nicheliving Holdings has announced plans to raise up to $12 million and seek an ASX listing to finance the next stage of its growth strategy.

Perth property developer Paul Blackburne is the wealthiest of five Western Australians featured in the BRW Young Rich List 2016.

The co-founders of a successful property developer Nicheliving are mired in a legal dispute after plans to buy out key executive Danne Forte were halted when other directors questioned his financial projections.

Perth businesspeople are surprisingly prominent on the latest BRW young rich list, with a local apartment developer ranked number three with an estimated fortune of $536 million.

Developers and builders are offering incentives over and above the state government's first home buyers grant to stoke the market, as the number of grants paid falls to its lowest level in nearly two and a half years.

The City of Rockingham's push for higher-density development along its coastal and CBD precincts is starting to pay dividends, with more than $100 million in residential projects under construction or approved to be built, which will collectively add more than 600 apartments, as well as two hotels.

Eight Western Australians, including five 40under40 winners, have made the 2014 BRW Rich List with a collective wealth of $337 million.

THIRTY years ago Paul Bitdorf escaped the clutches of repressive communism in his native Poland in search of a better life as far away as was possible – in Western Australia.

Six Western Australian businesspeople have made the cut in the latest instalment of BRW's Young Rich list.