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Construction PRO
‘A day is 24 hours’: Roberts Co loses challenge to $3.2M after-hours claim
An appeals court has confirmed a finding that despite contractual arrangements mandating service by 5pm, a $3.2 million payment claim emailed to Roberts Co after hours on a Friday was validly served.
Construction PRO
Dexus drops $683M for stake in Westfield Chermside shopping centre
Property giant Dexus has acquired a 25 per cent stake in Australia’s second-largest regional shopping centre from Scentre for $683 million.
Construction PRO
In fight over $1B gold mine, Aboriginal group worries Regis could ‘police’ conduct
An Aboriginal corporation joined to Regis Resources’ fight against a decision related to its McPhillamys gold mine wants a costs capping order, concerned the mining company could otherwise “police" its conduct in the case.
Construction PRO
Carlton site sold to SP Setia for $114M in off-market deal
Malaysian property developer SP Setia is strengthening its presence in inner-city Melbourne, acquiring the largest development site in Carlton for $114 million.
Construction PRO
Appeal challenges WA EPA approval for Hemi gold project
Northern Star’s $1.3 billion Hemi gold project in the Pilbara is facing a challenge to the Western Australian Environmental Protection Authority’s decision to green light the project.
Construction PRO
Infrastructure consultant Amey re-enters Aussie market with acquisition
UK Infrastructure consultancy business Amey is returning to Australian shores after acquiring local consultancy Premise.
Construction PRO
Dyldam directors on hook for $50M in case over alleged misuse of funds
Dyldam Developments' former boss Sam Fayad and his two sons have been ordered to pay over $50 million in a case by the liquidator of a special purpose vehicle claiming company funds were misused.
Construction PRO
$25M Kensington lofts developer loses payment claim fight with builder
A superintendent on a $25 million Melbourne project had no power to make an adjustment to a payment claim for purported cost overruns that left the builder owing more than the value of its claim, a judge has held.
Construction PRO
DP Energy to develop wind farm in north-western Qld
Irish renewable energy developer DP Energy has announced plans to develop a 1,400 WM wind farm in McKinlay Shire, Queensland, citing the project site's "optimal wind speeds" and distance from dwellings.
Construction PRO
Office sector bounces back, led by Sydney CBD: Dexus report
Real estate returns are rebounding across all sectors, with the office sector entering a recovery cycle, led by the Sydney CBD, according to a new report from Dexus.