Construction

Singapore-based developer Maplewood Investments has acquired a 1,398 square metre site in Perth's CBD to develop a premier 835-bed student housing accommodation.

Three companies associated with the sole director of Quasar Constructions have avoided freezing orders sought by the liquidators of the defunct Sydney builder after providing undertakings to not dispose of assets.

The federal government is planning a pause on new construction rules as it aims to speed development of new housing, following feedback from its three-day economic reform roundtable. 

Under investigation by US class action firms for a stock price crash that followed last week's announcement of a profit drop, Australian building materials giant James Hardie may also face the glare of homegrown law firms.

A director at property developer Villawood can't shield instructions given to his Mills Oakley solicitor after a judge found he sought to use his lawyer to mislead the court.

Elanor Funds Management has recommended shareholders reject a $284 million unsolicited takeover bid by the Lederer Group, saying the price is “opportunistic” and materially undervalues the commercial property fund. 

A court has rejected a bid by a Hazelwood power plant contractor to pursue an offsetting claim for an alleged breach of confidentiality in response to a $1.7 million demand from a subcontractor.

The NSW Land and Environment Court has given the green light to a plan to build an apartment complex in Bondi Junction following a successful conciliation conference between the developer and the local council.

Transgrid contractor Elecnor is seeking to appeal a ruling that found it unlawfully denied the Electrical Trades Union access to 47 migrant workers on Australia’s largest transmission project.