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Park Hyatt Melbourne sold to KS Hotels in largest hotel deal this year
Real Estate 2025-08-05 11:43 pm By Christine Caulfield

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.

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Cadence Property buys up nine Port Melbourne industrial units
Real Estate 2025-08-05 11:52 pm By Andy Sidler

Melbourne property group Cadence Property has bought up a 1.7 hectare corner industrial site located in Fishermans Bend in Port Melbourne.

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Mercedes-Benz dealers take $650M case to High Court
Franchises 2025-08-01 11:52 pm By Christine Caulfield

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.

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Jetstar claims ‘silver bullet’ against COVID-19 flight credits class action
Class Actions 2025-08-01 11:56 pm By Cindy Cameronne

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. 

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Lendlease attacks class action’s ‘back door’ damages case
Class Actions 2025-08-01 11:04 pm By Andy Sidler

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.

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Construction PRO
BlueScope leads consortium vying for Whyalla Steelworks
Construction 2025-08-04 11:28 pm By Julia Kanapathippillai

BlueScope Steel is leading an international consortium that’s bidding to acquired the troubled steel making facility Whyalla Steelworks. 

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‘Enough is enough’: Lederer Group launches takeover bid for Elanor Funds
Real Estate 2025-08-04 11:56 pm By Cat Fredenburgh

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.

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Construction PRO
Court rejects bid to remove neon sign from heritage-listed Adelaide building
Construction 2025-08-04 11:55 pm By Julia Kanapathippillai

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.

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Judge won’t force sale of $23M Footscray logistics site
Real Estate 2025-08-04 11:18 pm By Cindy Cameronne

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. 

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Construction PRO
India’s Oyo buys rental property manager MadeComfy
Real Estate 2025-08-04 11:56 pm By Cat Fredenburgh

Rental property manager MadeComfy has been acquired by Indian hospitality company Oyo in a deal worth $50 million. 

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