Perth-based construction company Monford Group has announced it will be expanding its footprint on Australia's east coast by opening a new regional office in Brisbane.
Nearly 100 beds and two storeys have been added to a $40 million student accommodation project, to be built on a Perth CBD site owned by a syndicate that includes the Eagles' boss.
A three-storey apartment project in Alkimos has been approved, with the developer opting to go through the local government pathway after the state government reformed the planning system.
Construction costs in the state remained steady at a 0.7 per cent growth, while the national rate continues to stablise in the recent quarter, the latest data shows.
A JLL report has shown that Perth’s industrial rents have remained stable in the past three quarters, while other jurisdictions have experienced growth.
BGC chairman Neil Hamilton has stepped down after more than five years in the role, with Jennifer Seabrook taking his place as the board continues to pursue a sale of the business.
An unlicensed real estate agent who pocketed rent has been convicted and fined in court, with her actions being described as undermining the industry's standards and trust.