Brightwater Inglewood will include an 128-bed residential aged-care community, broken into 16-bed small houses where residents live together like an extended family.
Relief is on hand for some of the forgotten cohort of essential workers caught up in WA’s rental crisis, amid warnings they will be squeezed out of the market when the moratorium ends in March.
WA businesses are turning their backs on long-term office leases, saying they will “never sign one again”, as the shift to flexible co-working spaces continues to gain momentum.
The contest between the states to house the Qantas headquarters is coming to a head.
In yet another sign of the mounting pressures facing WA’s bricks-and-mortar retailers, Myer has slashed its footprint at Morley.
The WA Liberals have announced plans to sink a section of West Perth rail to open up CBD land for development – but could not put a dollar figure on the project.
The disclosure showed sizeable debt facing the company of more than $US300 million ($386m), much of it coming due in the next four years.
Shopping centre owner Vicinity Centres has taken a $570 million hit on the value of its 60 directly-owned retail properties, with CBD centres the most impacted in the wake of COVID-19 lockdowns.
Danielle Le Messurier
Perth-based property manager The Agency sidelines administrators put in by former director claiming $379,000 in fees.
A city office building has sold for close to half its previously advertised price, in a sale which highlights a curious case of extreme conditions in Perth’s commercial property market.
The move came despite efforts to pay down debt, including a sizeable loan in the form of a convertible note subscription from WA horse breeder and investor, Bob Peters.
Figures from the Master Builders Association WA showed a more than 100 per cent increase in approvals for new homes in October, with cashed-up first-time buyers leading the charge.
A legal feud has broken out over what and who is to blame for raw sewage flowing into a chic Kings Square fitness centre.
Subiaco’s Vic Hotel is set to get a taste of international flair after being snapped up by the owner of South Perth’s Windsor Hotel
A $300 million Chinese bid for an Australian construction firm has been put on ice on expectations Federal Treasurer Josh Frydenberg would reject it on national security grounds.
The Italian luxury fashion house has snuck out of the State, marking another high-end departure from Perth’s most lavish shopping strip.
Approvals for private houses had now surged 40 per cent since June.
Many residential construction companies are facing a bleak future with forecasts of a wave of collapses.
Record low borrowing rates supported the market in 2020, along with a “spectacular” rise in consumer confidence.
The corporate watchdog has entered the real estate sales game as it investigates three Perth suburban developers who allegedly targeted superannuation savings with unregistered investment schemes.
A bold plan to revitalise the city has raised hopes of breathing new life into long-neglected buildings in the centre of Perth.
Len Buckeridge’s widow Siok Puay Koh, known as Tootsie, is claiming millions of after-tax proceeds from the complex carve-up of the late billionaire’s property and building empire.
Perth’s convention centre — one of WA’s most unloved buildings because of its shed-like design — will transform into a world-class facility that links the city and river under an ambitious new plan.
The Perron Group has tapped former Arc Infrastructure CEO Paul Larsen to fill a board seat left vacant by the departure of long-term director Ross Ledger.
© West Australian Newspapers Limited 2020