A court has awarded only $100 in nominal damages to the owner of a $5 million industrial site in the ACT, despite finding there was cracking in a concrete slab covered by a warranty.
Boab Metals has agreed to buy a processing plant for $10 million from copper ore company Sandfire.
Woodside has signed off on the development of a $27 billion LNG facility in Louisiana that will see the company become one of the world’s largest producers of natural gas by the 2030s.
Property developer Third.i has announced it will partner with Dexus on the development of a $300 million luxury retirement community in Newcastle, NSW. Third.i has entered into a joint venture agreement with Dexus Real Estate Partnership for the 178-unit resort style retirement village at the Merewether Gold Club. “As a joint venture partner, DREP plays…
Developer Australia YMCI has reached an agreement with Parramatta on its application for remediation works at its $5B Ovation Quarter residential complex at Sydney Olympic Park.
Developer VSD Investments has lost an argument for withholding an $8.5 million payment claim from the builder of a 30-storey project in Sydney’s inner west pending the construction company’s appeal.
A judge has dispensed with court rules to allow shopfitter Ramvek to bring a non-compliant summary judgment application against a builder in a payment dispute, saying strict compliance with the rules was at odds with the procedure and policy of the SOPA.
Building materials giant James Hardie has promised it won’t seek foreign exempt listing status and will not de-list from the ASX without the green light from shareholders, following backlash to its $14 billion merger with US home decking provider AZEK.
A South Australian wind farm developer has lost its appeal of ruling ordering it to make a $21 million progress payment to joint venture partners GE Renewable Energy and Elecnor.
The owner of the Callide power station in Queensland, IG Power, has won court approval for a recapitalisation that will see major shareholder Sev.en inject millions to cover its debts.