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Carlton site sold to SP Setia for $114M in off-market deal
Malaysian property developer SP Setia is strengthening its presence in inner-city Melbourne, acquiring the largest development site in Carlton for $114 million.
Construction PRO
No end in sight to climate litigation, experts say
Companies will continue to face climate-related litigation -- including claims over greenwashing, breaches of directors duties and challenges to projects -- despite the recent failure of a climate class action.
Construction PRO
Keystone receivers settle case over Venice Marriott Hotel sale
A dispute over a scuppered transaction between the director of collapsed Keystone and the owner of the Marriott Hotel in Venice has been settled.
Construction PRO
Aurizon secures $1.5B contracts with BHP for copper mine logistics
Rail operator Aurizon has secured agreements with BHP to provide logistics for the mining giant's South Australia copper operations over the next 15 years, estimating total revenues of $1.5 billion.
High Court won’t rule on ex-HWL Ebsworth partner’s expulsion
The High Court has declined a special leave application from a former HWL Ebsworth partner seeking to undo a finding that his age-related expulsion from the partnership did not run afoul of the Equal Opportunity Act.
Construction PRO
Court sets date for Dexus fight with APAC, investor funds
The date has been set for a court battle over Dexus' sale of shares in Asia Pacific Airport Corporation, a fight the operator of Melbourne and Launceston airports says needs 10 hearing days.
Construction PRO
Roberts Co picked for Macquarie Steet hotel revamp
While parts of the business have been placed in administration, Roberts Co has been selected as development manager and early contractor for a project on Sydney's Macquarie Street.
Construction PRO
MinterEllison advises Johns Lyng on Pacific Equity Partners’ buyout offer
Johns Lyng Group confirmed Wednesday it had received a takeover offer from Pacific Equity Partners for an undisclosed sum and has granted the private equity firm an exclusivity period to undergo due diligence.
Fortrend lodges another appeal in spat with Shaw & Partners duo
Fortrend Securites is challenging a judge's ruling that it owes $580,000 in penalties and compensation for withholding the bonuses of two departing advisors, its second appeal in their bitter dispute.