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Construction PRO
Macquarie sells Aligned Data Centers in $61B deal
Macquarie Asset Management has sold its data centre business Aligned Data Centers to a consortium led by BlackRock subsidiary Global Infrastructure Partners in a landmark $61 billion deal.
Macquarie admits failures over Keystone, vows to repay investors
Super trustee Macquarie Investment Management has admitted it failed to act efficiently, honestly and fairly after thousands of members invested $321 million in a Keystone fund under investigation for misusing funds. 
Construction PRO
With $2.9B to spend, Macquarie’s real estate fund launches land lease platform
The real estate division of investment bank Macquarie has made its foray into the land lease industry, with a plan to deliver thousands of homes on Australia's east coast through a new platform.
Macquarie’s car loan class action settlement wins court OK
A judge has signed off on Macquarie Leasing's settlement in one of three class actions against lenders over flexible commissions paid to car dealers.
Colloquial use not enough to save Macquarie’s ‘Macbank’ trade mark
A delegate has ordered the removal of Macquarie's 'Macbank' trade mark, finding no evidence of use in the course of trade despite the moniker being widely used to refer to the bank colloquially.
Macquarie says it could rely on Nuix’s ‘promises’ about $1.8B IPO prospectus
Macquarie Capital has hit back at a class action over an alleged misleading prospectus for Nuix’s $1.8 billion IPO, saying it was entitled as underwriter to rely on the software company's promises.
‘Replete with error’: Firm fights $5.4M security order in Macquarie class action
A law firm is challenging an order that it pay $5.4 million in a class action against Macquarie Leasing as security for the lender's costs, saying concerns about its borrowing capacity were “theoretical and speculative.”
Flex commissions class action judge says expert evidence not for his ‘comfort’
Expert evidence is not meant to “provide a judge with comfort”, a judge has found in rejecting evidence from two experts in flex commissions class actions against Westpac and Macquarie.
With new self-funding model, class action firm’s promise to pay Macquarie’s costs not enough
With its new business model of self-funding class actions, Maurice Blackburn can't get by with an undertaking to indemnify Macquarie for its costs if a case over flex commissions fails.
Flex commissions class action against ANZ settles for $85M
A class action against ANZ over alleged predatory lending practices has settled for $85 million, while two related cases against Westpac and Macquarie are set to go to trial this month.