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Construction PRO
Charter Hall has acquired the Burwood One shopping centre in Melbourne’s east for $210 million, just days after snapping up a triple-supermarket-anchored shopping destination in Queensland.
Construction PRO
Canberra developer Geocon has won a Full Court appeal over the GST payable on $115 million in sales from a 360-unit development, with the case sent back to a tribunal for final determination.
Construction PRO
Carlisle Homes has prevailed on a preliminary question in a dispute with Nexus Office over alleged defects in a Nexus Mulgrave rental space, with an appeals court finding an expert had not properly determined the dispute.
Budget pharmacy giant Chemist Warehouse has been ordered to negotiate a multi-employer agreement with its South Australian workforce, after a union secured majority support from 300 pharmacy employees using new bargaining laws.
Construction PRO
An iProsperity director must pay $5.3 million to ZACD for his conduct in convincing the Singapore-based real estate investment firm to cough up $37.5 million for its $300 million purchase of the AccorInvest hotels portfolio.
The Fair Work Commission has ordered labour hire firm Adecco to reinstate a pregnant worker who was unfairly dismissed from her role at an Amazon warehouse in Sydney after disclosing that she was seven weeks pregnant.
Liquidators of Falcon Capital have so far clawed back just $1.65 million of the $450 million invested in its failed First Guardian fund, and are holding out little hope for more than minimal further recoveries.
The AFL has won its bid to strike out occupational health and safety claims from a class action over its concussion management practices.
Construction PRO
Lendlease has lost its appeal of a ruling that shot down its bid to enforce a $120 million purchase agreement for five plots of land in Campbelltown against a company controlled by the Macarthur-Onslow family.
Construction PRO
Grand Ridge Plantations has lost an appeal seeking to halve the official valuation of its Gippsland timber forest, with a court finding that the trees on the land must be included in its assessed value.