Industries

National Storage REIT has agreed to a takeover by a consortium of Brookfield Property and GIC Investments that values the self-storage investor at $4 billion.

HWL Ebsworth, which was found liable for negligent advice on a Parramatta land development, wants the issue of damages returned to two referees, saying the experts' findings would have a significant impact on how much the firm had to pay.

A court has granted leave to a construction law firm to amend claims in two cases against a developer, in which it seeks a stay of a costs assessment process and discovery from a costs assessment manager.

Ramsay Health Care has lost its challenge to development approval for a community health care services centre near its Greenslopes Hospital in Brisbane, with a court finding the centre would not interfere with the hospital’s operations. 

Snowy Hydro has been joined to former senator and self-styled 'transparency warrior' Rex Patrick's case seeking documents on the $12 billion Snowy 2.0 renewables project.

A funder that has refused to continue funding a class action over the WestConnex road project is also fighting the plaintiff’s bid to discontinue the case, with a judge calling the funder’s opposition “very problematic”. 

The High Court will not hear sports merchandise company Fanatics' trade mark fight with AFL apparel maker FanFirm, which Fanatics argued would provide guidance on the defence of honest concurrent use.

Delta Power & Energy, the owner of the Vales Point coal-fired power station in NSW, will defend ASIC proceedings accusing it of manipulating the market for electricity futures contracts by arguing that it acted honestly. 

A community group has lost a legal challenge to a 50-60 km underground pipeline that will connect Santos’ $3.6 billion Narrabri gas project to the Hunter gas pipeline. 

An AGL-backed consortium has pulled the plug on the 2.5 gigawatt Gippsland Skies offshore wind energy project in Victoria, citing economic concerns.