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Construction PRO
A court has upheld the $63.8 million valuation of an inner-Sydney high-rise, rejecting Meriton's argument that it should be reduced to $52 million because of its isolation from public transport.
Construction PRO
Real estate investment firms Dexus and Ho-Group have convinced the valuer general of NSW to knock roughly $26 million off its initial valuation of a Sydney office sold by Ho-Group last year that was used in a land tax assessment.
Landowners above the Sydney Metro underground tunnel will be allowed to claim compensation before construction is complete, with a court also preparing to consider potential compensation for any reduced development potential.