Industries

Mutual company Australian Unity has sold the Greensborough Medical Centre and Day Hospital in Victoria to the Property Advisory for $32.5 million.

Former Keybridge CEO Nicholas Bolton, who was voted out in a board spill earlier this year, has lost his bid to bring a derivative suit against director Frank Catalano over a failed bid to acquire a rural publisher previously owned by Nine. 

A judge has refused to join the ATO as an interested party to a case over the receivership of investment platform Brite Advisors, after the receivers worried they could be on the hook for $75.4 million in capital gains tax. 

Australia's largest super fund has launched a new real estate asset platform in the UK, aiming to be one of the country's top rental home operators in the next five years.

Bakers Delight has lost its appeal of a decision that found it was subject to a statutory reverse onus to disprove record-keeping claims in underpayments proceedings against a franchisee.

The receiver for Brazilian mining company Atlantic Nickel has prevailed in a second attempt to stay a case by Mining Services International, which brought a $1 billion claim over a terminated sale of a mine in Santa Rica.

Developer York Property is on the hook for an extra $4.7 million payment to the head construction contractor on the Midwater luxury residential high rise on the Gold Coast.

The Queensland government has plans to revamp one of Brisbane’s last riverfront industrial sites into a vibrant mixed-use precinct, with promenades, entertainment spaces and 4,000 homes.

In the wake of a judgment that Apple and Google misused their market power in running their app stores, the tech giants are fighting injunctions proposed by Epic Games, which they say go beyond the case argued at trial.

Infrastructure giant Acciona must fight a $224M lost-revenue case by contractor Veolia Australia over the Kwinana waste-to-energy plant on Veolia's home turf.