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Construction PRO
Judge accepts ‘real risk’ Halo Tower sale to Cbus will fail if DOCA blocked
A judge has accepted that Cbus’ agreement to buy a 50 per cent stake in Sydney’s troubled Halo Tower could fall through if the beleaguered developer behind the project is forced to remain in administration, shooting down a challenge to a DOCA.
Construction PRO
Court won’t block DOCA for developer of $1.8B Halo skyscraper
A court has dismissed a bid to temporarily block a deed of company arrangement for Halo Tower developer FT Sydney, after hearing an injunction might jeopardise a sale to Cbus Property, set to settle in July.