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Construction PRO
MA Financial to pay $90.4M for real estate investment manager IP Generation
ASX-listed MA Financial will acquire shopping centre-focused real estate investment manager IP Generation for $90.4 million.
Construction PRO
Investa succeeds in challenge to $95M land valuation for Sydney’s Coca-Cola Place
The NSW Land and Environment Court has signed off on a land valuation agreed to between real estate investment manager Investa and the Valuer General for the site of the Coca-Cola Place tower in North Sydney.
Court asked to sign off on class action settlement with gag clause
A court will be asked to approve a confidential settlement in a class action on behalf of people who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney that includes a gag clause barring group members from making any public statements about the suit. 
Construction PRO
SOP Act not at odds with Australian Consumer Law, judge says
A judge has found that Victoria's SOP Act is not at odds with the Australian Consumer Law, refusing to set aside a $1.85 million adjudication determination in a dispute over a $38 million contract for a Glen Iris residential development.
Construction PRO
Judge shuts down Parkview’s tweak to cross-claims in Australia Towers cladding suit
A judge has rejected Parkview Constructions' bid to tweak its cross-claims in a lawsuit over alleged combustible cladding at the Australia Towers in Sydney Olympic Park. 
Construction PRO
Class action over $85M Clydesdale development reaches settlement
A settlement has been reached in a class action on behalf of people who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney.
ACCC won’t oppose Cleanaway’s $110M acquisition of Citywide Waste
The competition regulator will not oppose waste management company Cleanaway's $110 million acquisition of Citywide Waste, saying the tie-up was unlikely to substantially lessen competition for waste services in Melbourne.
Construction PRO
Court vacates hearing in Energy Resources case over Jabiluka mine lease
A judge has vacated a hearing in Energy Resources' lawsuit challenging a decision not to renew its lease for the Jabiluka uranium mine in the Northern Territory after hearing there were "good prospects" the case could be resolved. 
Construction PRO
Ashurst moves into new digs at 39 Martin Place in Sydney
Ashurst has relocated its Sydney office to 39 Martin Place, creating a work space across eight sprawling floors that features flexible and collaborative work arrangement and dedicated client floors.
Construction PRO
Siemens sued by AGL over $70M generator outage at Loy Yang
AGL has sued Siemens for damages stemming from a generator outage at its coal-fired power station in Victoria's LaTrobe Valley, which the energy company said at the time had resulted in a $70 million profit hit.