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Construction PRO
MA Financial buys stake in The Glen Shopping Centre for $327.5M
ASX-listed MA Financial has acquired a 50 per cent stake in The Glen Shopping Centre in Melbourne’s south-east for $327.5 million.
Construction PRO
ACCC hits back in fight with Coles over Kalgoorlie land acquisition
The ACCC has hit back at Coles’ challenge to the regulator’s rejection of its Kalgoorlie, WA land acquisition, slamming as too narrow the competition test advanced by the supermarket giant.
Mazda offers refunds, signs undertaking with ACCC over repairs
Avoiding court action, Mazda has agreed to an undertaking and offered refunds after an ACCC investigation into compliance with rules on access by independent mechanics to repair diagnostics.
Keystone’s Paul Chiodo sues City Built director for $200M
A company controlled by Paul Chiodo has lobbed a $200 million suit targeting City Built director Roberto Filippini, with the former Keystone director joining the company's liquidators in chasing millions in alleged misappropriated development funds.
Construction PRO
Real Housewives star loses suit over $2M Toorak home
A judge has ruled that reality television personality Venous Behbahani-Clark was not validly gifted a $2 million Toorak home by her sister and the sister's ex-husband Alex Waislitz, resolving proceedings the judge called lengthy and disproportionate.
Pfizer loses patent case over Enbrel generic
Pfizer has lost a patent infringement lawsuit against Samsung Bioepis over the generic version of its blockbuster autoimmune drug Enbrel, with a judge finding all but one of the patent's claims is invalid. 
Construction PRO
Anthropic signs first Australian data centre lease in $31.9B Qld digital park
Artificial intelligence company Anthropic has reportedly signed its first Australian data centre lease, located in a $31.9 billion digital park in Queensland built by a Singaporean developer. 
Construction PRO
Villawood fights bid to withdraw admissions in Wallan fraud case
Property developer Villawood has argued that a company incorporated to manage a project in regional Victoria can't withdraw admissions over an alleged fraudulent scheme by a former director to divert management fees. 
Construction PRO
Court won’t halt slashing works for Brunswick Heads development
An environmental group has lost its bid to stop slashing works at a development site at Brunswick Heads, after a judge tossed its lawsuit seeking to block the 123-lot residential development.
Construction PRO
Brookfield offers $4.1B for plumbing giant Reliance Worldwide
US private equity firm Brookfield has made a $4.09 billion play for Reliance Worldwide, in a takeover bid the plumbing giant said was a "meaningfully improved" proposal on three previous offers.