Finbar’s $265m West Leederville apartments approved

Finbar is one step closer to building apartments in West Leederville after an assessment panel's tick of approval, with the developer estimating the project's end value at $265 million.

Finbar is one step closer to building apartments in West Leederville after an assessment panel's tick of approval, with the developer estimating the project's end value at $265 million.

Insolvency practitioners have taken control of the entity behind the $140 million Shenton Quarter project, with Perth partners called in to run a ruler over its books.

The Victorian-based property fund is looking to attract about $25 million for its St Georges Terrace office building.

Apartment developers are confident about the future despite a recent softening in demand.