Construction

Lendlease has abandoned its bid to purchase a parcel of land owned by one of Australia’s oldest families for well below market value as part of its project to develop 6,700 homes in Campbelltown, Sydney.

Property developer Investa and The Salvation Army have partnered to develop a $230 million 'Studio Living' apartment building in Sydney's CBD.

A court has granted a rare stay over a judgment debt to the developer of a Taringa Coles shopping centre, finding if final judgment comes down in its favour, financially troubled builder Kenik may not be able to repay the funds. 

Major developer Stockland has filed proceedings against Probuild Constructions over alleged faulty works completed on a stormwater system in a Rockingham shopping centre.

ASX-listed property investment group Desane has secured a $4.5 million lease extension with the Brisbane City Council.

In deciding an evidentiary dispute in a shareholder class action against building materials giant Boral, a judge has sounded off over the increasing costs of expert evidence produced in group proceedings.

Citing public interest immunity, Homes Victoria has won a bid for Cabinet documents to be kept confidential in a class action levelled by public housing tenants.

A developer is on the hook for $2.6 million after a court found he misappropriated a tax refund associated with a scheme to develop property in Spring Farm, NSW and put it towards a luxury Sydney home in his wife’s name. 

The High Court has declined to hear an appeal by insurers over coverage for the class action defence costs of Opal Tower's consultant engineer.

Gold Coast developer FW Estate has defeated a lawsuit alleging a development in Jimboomba was the product of a joint venture.