Construction

CSR Building Products has won a legal challenge over a development application at its 52-hectare industrial estate in western Sydney, which has generated sale proceeds of over $408 million to date. 

Genesis Minerals has agreed to buy the Laverton Gold Project in Western Australia from Focus Minerals for $250 million.

A Qube unit and a developer have lost their $20 million claim alleging the Department of Defence failed to properly address asbestos contamination on leased land which was redeveloped into a terminal facility in Moorebank. 

Challenging an $8.5 million adjudication on a payment claim that sought over $30 million from developer VSD Investments, construction company Builtcom says it is effectively "disabled" from recovery of progress payments.

Major industrial landlord Centuria Capital and US-based real estate investment manager BGO have joined forces to break into the tightly held Western Sydney industrial land market, buying out 45,000 square metres of warehouse space in an off-market sale. 

Developer Infinity wants to stay a case by liquidators of collapsed developer Crown Group seeking to sell the land for their stalled joint venture for a residential tower in Melbourne’s Southbank.

The prospective developer of the Hyde Park Inn site in Sydney is appealing a decision which rejected its bid to delay a $95 million payment to the NSW Returned Service League to settle the sale. 

A Victorian shopping centre has been ordered to pay back $1.5 million to a company that broke a contract for a $30 million land sale.

A judge has found that Victoria's SOP Act is not at odds with the Australian Consumer Law, refusing to set aside a $1.85 million adjudication determination in a dispute over a $38 million contract for a Glen Iris residential development.