Brookfield Asset Management has agreed to sell retirement home operator Aveo for $3.85 billion in what’s been touted as the largest-ever direct real estate transactions in Australia.
ASX-listed Investment manager Regal Partners has acquired 50 per cent of real estate investment platform Ark Capital Partners, as well as a five-star luxury hotel in Adelaide for $75 million.
Builder Richard Crookes has won a contract to rebuild the historic Powerhouse Museum, with two museum buildings found to have unsafe steel structures that will need to be replaced.
Allens has represented a renewable energy joint venture between infrastructure investor Igneo Infrastructure Partners and developer CleanPeak Energy in securing financing.
Fawkner Property Group has acquired a shopping centre in Far North Queensland for $34 million, its third recent shopping centre purchase in the region.
A judge has awarded former ABC presenter Antoinette Lattouf $70,000 in compensation after finding the national broadcaster unlawfully terminated her employment because of her opposition to the Israeli military campaign in Gaza.
A judge has dismissed applications by mortgage broker Lendi Group and insurer ALI Group to declass a group proceeding over allegedly worthless mortgage insurance, saying it would be more efficient for the claims to advance as a class action.
Nine has argued a contempt bid by intervenors in Antoinette Latouff’s dismissal suit against the ABC is “doomed” given the articles at issue were published a year before a suppression order was made.
Dendy Cinema has paid a $19,800 penalty after the ACCC alleged it failed to prominently display the total price for movie tickets sold online at the earliest point in the sale process, a practice known as ‘drip’ pricing.
A judge has consolidated two cases in the Federal Court in which beverage maker Bickford’s is defending its ‘Spritz’ trade mark against bids for cancellation.