Perth’s industrial land sector is starting to show similar traits to the CBD office market, with sales data over the first four months of 2012 showing a clear contraction in supply.
A Leighton Holdings subsidiary has been named preferred contractor for the Fortescue Metals Group-owned Solomon iron ore project in WA's Pilbara region.
State agency LandCorp says it is expecting significant interest in its latest industrial land release in the Pilbara, stage three of the Gap Ridge industrial estate near Karratha.
Property researcher RP Data says Perth's house prices are cause for concern as Armadale, Parmelia and Brookdale are found to be the cheapest suburbs in the metropolitan area.
Nomad Building Solutions has forecast a $12 million second half profit for 2009/10 but has warned of a first half loss of $1 million due to a downturn in orders.
The City of Cockburn has been awarded $150,000 by the Fremantle Magistrate's Court following legal proceedings against Swan Bay Holdings for unlawful development of a roadway and concrete container yard operation.
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