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Construction PRO
A director at property developer Villawood can't shield instructions given to his Mills Oakley solicitor after a judge found he sought to use his lawyer to mislead the court.
Construction PRO
Elanor Funds Management has recommended shareholders reject a $284 million unsolicited takeover bid by the Lederer Group, saying the price is “opportunistic” and materially undervalues the commercial property fund.
Construction PRO
A court has rejected a bid by a Hazelwood power plant contractor to pursue an offsetting claim for an alleged breach of confidentiality in response to a $1.7 million demand from a subcontractor.
A judge hearing a class action over the collapse of mining company Cudeco has questioned why, despite an in-principle settlement being reached with auditor KPMG, the parties have not sought to formally dismiss the claim.
Construction PRO
A heritage bid to protect Murujuga's rock art in Western Australia has languished with the environment minister for more than three years, a court has heard, leaving gas giant Woodside to continue to threaten the sacred spot.
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A judge has found bathroom products giant Reece did not validly end a decade-long warehouse lease after its own actions caused a delay in obtaining an occupation certificate.
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The federal government has agreed to cover almost half of the costs for building and upgrading 2032 Olympic Games venues after striking a deal with the Queensland government.
Construction PRO
Real estate investment manager Marquette Properties has acquired an office tower on George Street in Brisbane for $52 million, after scooping up another tower down the street last year for a student accommodation.
Construction PRO
The NSW Land and Environment Court has given the green light to a plan to build an apartment complex in Bondi Junction following a successful conciliation conference between the developer and the local council.