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Brookfield scoops up 19.9% interest in Cromwell Property Group
Real Estate 2025-07-21 11:55 pm By Cat Fredenburgh

Brookfield has scooped up a 19.9 per cent stake in real estate investment manager Cromwell Property Group.

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Construction PRO
$800M investment in Aliro Group’s industrial vehicle by Canada pension fund
Real Estate 2025-07-21 11:26 pm By Christine Caulfield

Joining CBRE Investment Management in fast-tracking developer Aliro Group’s flagship industrial vehicle, Canadian super fund PSP Investments has committed up to $800 million for investment.

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Construction PRO
Kaloriziko appeals ruling on Ryde development offset
Construction 2025-07-21 1:10 pm By Cat Fredenburgh

Developer Kaloriziko has appealed a ruling which rejected its claim that a property deal involving related parties extinguished a $2.12 million liability to a builder on the ‘Sky Gardens’ residential development in Ryde, NSW.

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Construction PRO
Abacus Storage grants due diligence to consortium behind $2.2B takeover offer
Real Estate 2025-07-21 12:59 pm By Cat Fredenburgh

Abacus Storage Kings will open its books for a consortium of Ki Corporation and New York Stock Exchange-listed Public Storage, which lobbed a $2.2 billion takeover offer last week.

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Law firm’s cut no sure thing as judge OKs $87M settlement in Hino class action
Competition & Consumer Protection 2025-07-18 2:00 pm By Sam Matthews

A judge has approved an $87 million settlement in a class action against Hino Motors, but says he needs to hear from a contradictor before greenlighting a law firm’s 25 per cent contingency fee.

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Contempt bid against Nine’s in-house lawyers, journalists dismissed
Media 2025-07-18 11:16 am By Cindy Cameronne

A judge has tossed an application for a contempt hearing against in-house lawyers, editors and journalists at Nine who allegedly breached suppression orders in a former ABC radio host’s unfair dismissal case.

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Class action alleges developer backed out of sales after market spiked
Class Actions 2025-07-17 11:58 pm By Andy Sidler

Developer Dennis Family Corporation has been hit with class action by purchasers of apartment units in Brisbane who allege their contracts were wrongly terminated after the market value of neighbouring properties soared by 40 per cent. 

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Acciona’s takeover of waste-to-energy plant sparks ACCC concerns
Competition & Consumer Protection 2025-07-17 12:30 pm By Cindy Cameronne

The ACCC is concerned Acciona’s proposed acquisition of the East Rockingham waste-to-energy project would remove competition between the only two such facilities in Western Australia. 

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ASIC wins travel ban, citing possible $640M in Keystone, Falcon investor losses
ASIC 2025-07-17 11:36 pm By Cindy Cameronne

ASIC has won travel bans against two people who are being investigated over their links to Keystone and Falcon Capital funds, which are suspected of misusing investor money, after the regulator claimed losses could be “catastrophic”. 

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Construction PRO
Atlantic Nickel can’t dodge new version of mining company’s $1B case
M&A 2025-07-18 11:51 pm By Christine Caulfield

Atlantic Nickel has lost a challenge to further amendments to a case by failed suitor Mining Services International that alleges it lost the opportunity to purchase a Brazilian mine now valued at over $1 billion.

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