Real estate investment firms Dexus and Ho-Group have convinced the valuer general of NSW to knock roughly $26 million off its initial valuation of a Sydney office sold by Ho-Group last year that was used in a land tax assessment.
Directors of a family-run construction company that caused a landslide resulting in a couple’s NSW Central Coast home being “effectively worthless” has been ordered to pay over $2 million dollars.
Logistics company Qube wants the High Court to clarify the scope of an adjudicator’s role in determining a contractor’s payment claims under the SOP Act.
Property investor Harry Stamoulis is reportedly in talks to buy an office tower on Melbourne’s Collins Street for $200 million.
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.