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Lendlease secures land for $2.5B luxury residential development
Construction 2025-07-16 11:05 pm By Sam Matthews

Lendlease has announced its plan for a luxury apartment complex in Sydney, expected to reach an end value of $2.5 billion, after securing land overlooking Hyde Park.

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Construction PRO
Synergy wins injunction in fight over Adelaide student housing development
Appeals 2025-07-16 11:55 pm By Andy Sidler

Developer Synergy has won an injunction in a dispute over the construction of a student accommodation in Adelaide, with an appeals court finding the primary judge did not correctly weigh the prejudice to Synergy if it had to pay up to $2 million in guarantees. 

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Macquarie Technology secures $240M Sydney site for new data centre
Transportation & Infrastructure 2025-07-16 11:14 pm By Andy Sidler

Macquarie Technology Group has secured the option to buy a Sydney city site with a $240 million price tag near its existing data centre holding in Macquarie Park.

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Master Builders says Housing Accord goals won’t be met at current pace
Construction 2025-07-16 11:59 pm By Cat Fredenburgh

Master Builders Australia has welcomed a reported increase in residential building activity but said the pace needs to quicken to reach the government’s goal of 1.2 million new homes by 2029.

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Construction company fights new creditor on winding up application
Restructuring & Insolvency 2025-07-15 11:48 pm By Sam Matthews

Collapsed Roberts Co Victoria is fighting a bid by a creditor it says should not be allowed to “come out of the woodwork” and take over the winding up application of a company that has since been deregistered.

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Dexus buys Sydney warehouse for $40M
Construction 2025-07-15 11:42 pm By Julia Kanapathippillai

Dexus has purchased a 10,000 square metre warehouse in Sydney’s West for $40 million and announced plans to divest office assets in Brisbane.

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Cromwell reveals $200M price tag for government agency digs in ACT
Real Estate 2025-07-15 11:55 pm By Cindy Cameronne

Cromwell Property Group has said it will cost $200 million to develop an office building in Canberra which will be leased to an unnamed federal government agency.

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Construction insolvencies jump 20 per cent: report
Construction 2025-07-15 11:56 pm By Andy Sidler

Administrator appointments for construction companies leaped 20 per cent in the latest financial year, according to data released by the corporate regulator.  

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Acciona, AECOM added to Hunter Valley bus crash class action
Class Actions 2025-07-11 11:39 pm By Cindy Cameronne

Builder Acciona and consultant AECOM have been named as defendants in a class action on behalf of families of victims of a bus accident in Hunter Valley, NSW, facing allegations they were responsible for the construction and certification of the interchange where it occurred. 

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Hyde Park developer, RSL settle $95M payment dispute
Construction 2025-07-14 2:39 pm By Andy Sidler

The prospective developer of the Hyde Park Inn in Sydney has dropped its appeal of a decision which disallowed it from delaying a $95 million payment to the NSW Returned Service League.

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