Construction

Star Entertainment has reached an agreement with Hong Kong-based investors Chow Tai Fook Enterprises and Far East Consortium on the $53 million buyout of its stake in the Queen’s Wharf entertainment project in Brisbane. 

Boroondara City Council has sued ADCO seeking urgent orders that it sign a deed of guarantee under a $59 million contract to redevelop Kew Recreation Centre, as the builder faces charges over a roof collapse.

Duke Ventures has succeeded in setting aside a statutory demand from the builder of a 10-storey development in Collingwood, with a judge finding the property developer can rely on a $6 million offsetting claim. 

Dymocks Book Arcade wants to join a project's superintendent to a $4.5 million lawsuit over a defective roof at a property on the NSW North Coast.

Liquidators of collapsed developer Crown Group have brought legal action against the company's partner in a joint venture to build a residential tower in Melbourne's Southbank, seeking to force a sale of the property.

In what is believed to be a world first, specialist investment manager Quinbrook Infrastructure Partners has developed an eight-hour energy storage battery, doubling the storage capacity of its current products.

A judge has rejected a misleading conduct claim against a builder who professed his “passion” for building high-end homes to a client, but put the builder on the hook for over $1 million in damages for rectification works.

A judge has rescinded a permit granted for a residential development in Mount Martha, after finding that a better design could net panoramic views without wrecking the views of another house on the street.