Melbourne’s Park Hyatt Hotel has been sold to Thai group KS Hotels for a reported $200 million, in Australia’s biggest hotel deal of the year so far.
Melbourne property group Cadence Property has bought up a 1.7 hectare corner industrial site located in Fishermans Bend in Port Melbourne.
Mercedes-Benz dealers are pressing on with their $650 million battle over the luxury car maker’s move to a fixed-priced agency model, taking their case to the High Court.
Jetstar is seeking an initial trial on an issue it claims will be a “silver bullet” against a class action on behalf of hundreds of thousands of customers whose flights were cancelled during the COVID-19 pandemic.
With evidence finally in after six years, Lendlease has asked a court to reject a portion of a shareholder class action’s expert reply evidence, arguing it unfairly introduces a new and unforeseen loss methodology.
BlueScope Steel is leading an international consortium that’s bidding to acquired the troubled steel making facility Whyalla Steelworks.
Lederer Group, the family trust of billionaire Paul Lederer, has launched a $285 million takeover bid for commercial property fund Elanor Funds Management, telling investors “enough is enough” and that it was time for a change.
The owner of a heritage listed Victorian-era building in Adelaide’s iconic Rundle Mall has lost its challenge to a decision rejecting its application to remove a 1930s-era neon sign, with a court finding removal would affect its heritage value.
A judge has refused to force the sale of a Footscray property used for logistics services, estimated to be worth $23 million, saying an agreement by the co-owners to sell it by a deadline could no longer be performed.
Rental property manager MadeComfy has been acquired by Indian hospitality company Oyo in a deal worth $50 million.