Developer Goldfields Group has purchased the Quality Resort in Western Australia’s Sorrento Beach in a $31 million off-market sale.
Builder Xela has failed in its bid to wind up the owner of a development to recoup a $776,000 debt owing under the Security of Payment Act, with a court finding that despite an unwillingness to pay, the owner is solvent.
E-commerce merchandise importer New Aim is challenging the dismissal of its trade secrets case against a former employee, who gave the contact details of the company’s suppliers to a competitor after jumping ship.
With plans to transform it into a mixed-use estate, Queensland developer Vitale Property Group has partnered with Metrics Credit Partners to acquire a large-scale industrial site on the Gold Coast.
Gilbert + Tobin has strengthened its real assets team with the appointment of a partner recruited from global asset manager Blackstone.
Genomic sequencing company Oxford Nanopore Technologies has sued MGI Australia alleging infringement of four patents covering nanopore technology.
Dexus Industria REIT has entered option agreements to sell its 13 Brisbane Technology Park properties for a net $155.5 million.
A class action against aged care provider Bupa faced tough questions by a judge on Monday, who grilled counsel over the case’s theory of loss. And the answers — rather than reassuring her — raised the spectre of a summary judgment fight.
Melbourne’s Park Hyatt Hotel has been sold to Thai group KS Hotels for a reported $200 million, in Australia’s biggest hotel deal of the year so far.
Mercedes-Benz dealers are pressing on with their $650 million battle over the luxury car maker’s move to a fixed-priced agency model, taking their case to the High Court.