Construction

Property developer Mirvac has successfully challenged the land tax valuation of a North Sydney office block, securing a $6.25 million reduction following a conciliation conference with the Valuer General of NSW.

It lost its bid in the NSW Supreme Court to withhold a payment claim from the builder of a 30-storey project in Sydney pending an appeal, now developer VSD Investments has asked an appeals court to halt payment.

Two former Herbert Smith Freehills partners who specialise in infrastructure law have joined forces to launch  a new legal and advisory firm.

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.