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Construction PRO
Clifford Chance, Kennedys elevate partners with real estate, infrastructure chops
As part of their global partnership promotions, Clifford Chance and Kennedys have elevated three Australian lawyers with expertise in real estate, infrastructure, and property insurance.
Construction PRO
Builder Rawson wins court battle over option deed for residential project
A Rawson Group unit has successfully argued that it was entitled to rescind an option deed to buy land in the Southern Highlands of NSW after the soil was classified as a “problem” that posed real risks of increased building costs.
‘None of it strikes me as nefarious’: Judge puts ACCC’s Woolworths case to the test
A judge has again voiced doubts about the ACCC's misleading conduct case over Woolworths' 'Prices Dropped' campaign, probing counsel for the regulator at length on Thursday about how the claims stack up.
Construction PRO
AirTrunk to invest $4.2B on Malaysian data centres
Australian data centre platform AirTrunk has announced it will invest $4.2 billion to build two new data centres in Malaysia.
Construction PRO
ISPT loses challenge to $20M duty after revenue office aggregates deals
A court has dismissed a challenge by ISPT to a $20 million tax assessment by the NSW State Revenue's Office over two acquisitions that increased its stake in Fort Street Real Estate Capital Fund.
Coles faced forfeiting low fees to Woolworths under Mastercard’s ‘nuclear option’
Mastercard considered threatening Coles with losing its discounted interchange fees to rival Woolworths if the supermarket chain re-routed customer debit and credit transactions away from the payments giant, a trial judge has heard in the ACCC's misuse of market power case.
Construction PRO
ATO wins appeal in dispute with Toowoomba Council over car park
The operator of a 4,000-space car park at the Grand Central shopping centre in Toowoomba, which is part of a $500 million redevelopment, has lost its fight with the tax office over fringe tax related to employee parking. 
Construction PRO
Developer of Mascot apartment complex wins row with council
The developer of a 61-apartment building in the Sydney suburb of Mascot has won a challenge to Bayside Council's requirement that it rectify alleged damage to neighbouring land before an occupation certificate is granted.
Construction PRO
IFM Investors sheds Melbourne industry park for over $100M
IFM Investors has sold Scoresby Industry Park in Melbourne's east to Hale Capital Partners for more than $100 million.
Funder facing $32M bill in failed class action avoids cash security in toll case
Despite its loss in a class action against Queensland power companies, which has put it on the hook for $32 million in costs, funder LCM has avoided calls for cash security in a representative proceeding over toll road charges.