Dan Wilkie

Dan Wilkie joined Business News in 2009 as a graduate of Curtin University, initially covering property for the print edition. In 2011 Dan expanded his focus to spearhead Business News’ online coverage of capital markets, mergers and acquisitions, contracts and deals, resources and state politics.

$12m makeover for Piccadilly

The Piccadilly Arcade is set for a $12 million upgrade, with a development application to restore the historic mall lodged with the City of Perth.

Supply bottlenecks hit WA land sales: HIA

Supply constraints are hampering land sales across Western Australia, which have declined significantly in both the metropolitan area and regional centres, the Housing Industry Association says.

Established home sales stall post-GFC: REIWA

Sales activity is stalling in Perth's established homes market, with the level of transactions exceeding long term averages just twice since the GFC.

National Storage adds to Perth portfolio

National Storage is set to add Western Australian property portfolio, buying an existing centre in Forrestdale for $11 million while at the same time acquiring the management rights for a new centre in Mandurah.

Georgiou unveils new indigenous JV

Georgiou Group has signed a new joint venture with indigenous contractor Nyiyaparli Engineering and Mine Maintenance Services WPH, to chase resources sector jobs primarily in the Pilbara.

CBD stock shortage

Offshore buyers are increasingly interested in Perth office stock, but limited assets for sale and the city's rising vacancy rate are stifling opportunities.

New home building peaks

Record building approvals in 2013-14 have resulted in an all-time high of dwelling commencements in Perth, but the latest data show housing construction may have hit the peak of the cycle.

Psaros recognised for environmental excellence

Apartment developer Psaros has won a national accolade for its commitment to sustainable building. Psaros was named as a finalist in the small business category for this year's Banksia Foundation Sustainability Awards, which entered their 26th year in 2014.

Aspen fund adds to parks portfolio

The Aspen Group-backed Aspen Parks Property Fund has added the Harrington Holiday Park on the NSW north coast to its portfolio, in a transaction worth $8.4 million. The property comprises 321 cabin and caravan sites, and is expected to generate an earnings yield of 12 per cent.

Leederville Fire Station up for grabs

The Leederville Fire Station building has been placed on the market, with commercial agents Colliers International and Burgess Rawson putting a $1.1 million price tag on the heritage-listed property.

Prime Albany Highway office building up for sale

Monadelphous Group's Albany Highway headquarters has been put up for sale, with selling agent Colliers International expecting the building to attract an offer exceeding $75 million.

Perth office vacancies near 15%: JLL

Perth's office vacancy rate has jumped to 14.7 per cent, according to commercial agency JLL, with statistics showing the CBD has the highest A-grade vacancy in Australia. JLL's research showed 15.8 per cent of Perth's A-grade buildings were currently empty.

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Exporters

LabelValue
Rio Tinto$26.71bn
BHP Billiton Iron Ore$24.30bn
North West Shelf Venture$19.62bn
Fortescue Metals Group$12.48bn
Woodside Petroleum$6.09bn
Others$78.57bn
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