A liquidator has opened his case over the alleged misuse of funds by now defunct Dyldam Developments, as the court hears of “oddities” in financial records and the spaghetti-like structure of 157 interrelated entities.
A judge has vacated an upcoming trial date in a data scraping case against US-based CoreLogic to allow the analytics company more time to respond to a “weighty” report by a forensic accountant.
Roberts Co has appealed a decision which required it to pay the entirety of subcontractor Sharvain Facades $3.2 million payment claim, despite it being filed after hours on a Friday.
A court has appointed provisional liquidators to Melbourne developer Lion Property Group after hearing that $120 million of investor money was not properly accounted for.
A defects case over an apartment complex in the Sydney beachside suburb of Maroubra has turned ugly, with a lawyer for the builder accusing the owners corporation of having a “tantrum”.
Work on a slew of projects in preparation for the 2032 Olympic Games in Brisbane is set to kick into gear, after the federal government committed $3.435 billion for the city’s sports infrastructure, including a new 63,000-seat stadium in Victoria Park.
The owners of land acquired to build a Melbourne freeway have asked the High Court to overturn an “erroneous” appeals court decision which left them with $2 million for land worth over $30 million, saying the case raises important questions about the Land Acquisition and Compensation Act.
Australia’s industrial and logistics sector has propelled the commercial real estate market in the first half of 2025, while the office sector has lagged, according to a recent report, which also found a spike in offshore investments.
A luxury Aqualand development in Milsons Point can’t undo a $10.6 million freezing order granted to the owners corporation to address the risk that funds would be unavailable to meet its claim for damages to remedy alleged defects.
Lendlease has filed an appeal after it failed in its bid to enforce a $120 million purchase agreement for five plots of land in Campbelltown, in a high-stakes challenge set to be heard later this year.