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Construction PRO
Real estate fund manager Dexus has sued wealth management firm AMP following a decision forcing it to sell its half of the $1.7 billion Macquarie Shopping Centre.
Construction PRO
A receiver for collapsed developer Crown Group has sold the Sky Suites Sydney Hotel for a reported $68 million to a Singapore-based company.
Construction PRO
Work on a slew of projects in preparation for the 2032 Olympic Games in Brisbane is set to kick into gear, after the federal government committed $3.435 billion for the city's sports infrastructure, including a new 63,000-seat stadium in Victoria Park.
Construction PRO
A national law firm has acquired a harbour-side office space in Sydney's Harrington Collection for its headquarters.
Construction PRO
A six-storey shopping centre in Melbourne’s CBD has been snatched up for $80.1 million by a private investor.
Construction PRO
The Belmont Citi Shopping Centre has changed hands after 27 years, with a private investor scooping up the popular NSW shopping destination for $40 million.
Another failed class action is headed to the Full Court, with a case against ex-CBA unit Count Financial appealing a ruling that found advisors did not breach their duty to act in their clients' best interest.
Construction PRO
Hong Kong-based investors Chow Tai Fook Enterprises and Far East Consortium plan to terminate a $53 million agreement to buy out Star Entertainment's stake in the Queen’s Wharf entertainment project in Brisbane.
The corporate regulator has brought action against three companies in Sanjeev Gupta's steel empire, alleging the businesses have defaulted on their obligations to lodge annual financial reports.
Payments processing company EML has agreed to pay $37.3 million to settle a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns with its anti-money laundering compliance.