Construction

Chinese builder Yuanda has settled a lawsuit against its former director that alleged he diverted building contracts, including a project with Lendlease, to his current employer SRG Global. 

A bidding war has broken out after Singaporean developer Ho Bee Land made a $390 million offer to acquire developer AVJennings, months after AVID Property Group lodged a takeover offer.

European construction company STRABAG Group has received Foreign Investment Review Board to acquire Australian construction company Georgiou Group for $233 million.

The owners of Sydney’s Australia Square Tower have filed proceedings over $250,000 in damage allegedly caused by a subcontractor that flooded the iconic skyscraper's lift shaft.

A former Lander & Rogers client that was hit with a $2.9 million legal bill for work on a construction matter has taken the firm to court, calling its costs disclosures “grossly inadequate”. 

The federal government has announced a $200 million investment aimed at boosting housing and infrastructure in regional Western Australia.

Transport for NSW has asked the High Court to weigh in on when land is acquired for a 'public purpose', in a dispute over the value of land acquired near the Western Sydney Airport.

The owners of the Werribee shopping centre in Victoria have lost their bid for preliminary discovery related to the likely recovery in their $356 million claim against builder Probuild. 

The Victorian Government has flagged its support for recommendations aimed at stamping out criminal activity in the state’s construction industry, including changes to the 'fit and proper' test for union positions. 

Tokyo-based Sumitomo Corporation has taken its first step into the Australian residential market, partnering with developer Mirvac on a housing development in Sydney’s northwest that is expected to generate $830 million in sales.