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Construction PRO
Melbourne City Council has approved the sale of an eight-storey car park on Little Collins Street to Merivale, which wants to convert the site into a hospitality hub.
Construction PRO
ASX-listed Region Group has sold East Warrnambool Shopping Centre in Victoria for over $20 million in an off-market sale, underscoring investor interest in retail assets.
A court has refused to order the applicant in a failed class action against NULIS Nominees to pay indemnity costs, but has confirmed that so-called Calderbank offers can operate in group proceedings.
Mulpha says a class action over the Mulgoa Rise development in Glenmore Park, NSW needs to clarify its negligence case to enable the developer to decide on the viability of potential cross-claims.
In tossing the sixth securities class action to go to trial in recent years, a Federal Court judge has shown the task of proving shareholder loss is a doozy.
Construction PRO
Apartment owners at Sydney’s $2 billion One Central Park have sued Frasers Property over 1,750 planter boxes they say are detaching from the two towers and contain combustible material.
Construction PRO
NAB has agreed to pay $20 million to settle a class action over the collapse of Melbourne-based builder Walton Construction.
Construction PRO
A judge has declined Meriton’s bid for $2.4 million in security in a lawsuit over alleged systemic defects at the Alcove apartment development in Sydney’s North Shore.
Construction PRO
Luxury developer Mulpha says a class action's negligence allegations over the Mulgoa Rise development in Glenmore Park, NSW might warrant cross-claims against subcontractors.
Construction PRO
The federal government will invest $3.3 billion in Victoria’s transportation infrastructure, including $2 billion for a rail link to Melbourne Airport.