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Construction PRO
Seizing on ‘Olympic effect’, Centuria sells Queensland properties for $60M
Real estate funds manager Centuria Capital Group has taken advantage of surging investment demand, selling three industrial assets in southern Queensland for an average sales premium of 25 per cent.
Healthscope secures $100m injection from CBA as receivers appointed
The Commonwealth Bank has given Healthscope a $100 million lifeline as the embattled hospital giant appoints receivers to negotiate a sale.
ASIC hits Kalkine with new licence conditions over customer service advice
The corporate watchdog has imposed extra conditions on Kalkine's financial services licence amid concerns customer service representatives were providing unlicensed advice.
Construction PRO
It’s net zero, dummy: Albo signals sign off of Woodside’s North West Shelf gas extension
Woodside's North West Shelf gas project looks set to be extended until 2070, with Prime Minister Anthony Albanese signalling the federal government's approval was a sure thing.
Construction PRO
NorthWest vows to work with Healthscope buyers as hospital group fails
Northwest Healthcare Properties REIT has promised to work with potential buyers as Healthscope -- the trust's second largest tenant -- collapses.
Construction PRO
IFM Investors to play ‘active’ role in Dexus, APAC row over shares, court told
Global asset manager IFM Investors has hired a leading silk in a court battle with real estate and infrastructure manager Dexus, to assert its sizeable interest in the company that operates Melbourne's Tullamarine Airport.
Construction PRO
Qube, developer lose $20M claim against Defence over contaminated land
A Qube unit and a developer have lost their $20 million claim alleging the Department of Defence failed to properly address asbestos contamination on leased land which was redeveloped into a terminal facility in Moorebank. 
Construction PRO
Builtcom says court’s ruling ‘disables’ progress payments on Sydney project
Challenging an $8.5 million adjudication on a payment claim that sought over $30 million from developer VSD Investments, construction company Builtcom says it is effectively "disabled" from recovery of progress payments.
Construction PRO
Legal action filed over Woodside’s North West Shelf extension bid
Woodside’s bid to extend its North West Shelf gas project by 40 years faces more resistance after Greenpeace's challenge was denied, this time through court action seeking protection of culturally significant rock art.
IAG’s $855M acquisition of RACQ Insurance cleared by ACCC
The Australian Competition and Consumer Commission will not oppose IAG’s acquisition of RACQI, saying more established insurers will still be able to compete in Queensland.