Real Estate

Real estate agency Belle Property is suing its Sandringham branch, alleging the franchisee is threatening to breach its agreement and good faith obligation by jumping to a new franchise network.

Property investor Payton Capital has largely defeated a former state manager's case, with a court finding his disclosures about two investments were not a substantial or operative factor behind his dismissal.

The Queensland Court of Appeal has thrown out a case by a local cricket club that sought to challenge a regional council's decision over a park lease, a case it said was a lesson in the perils of using AI instead of lawyers.

Warburg Pincus has upped its offer to acquire Ingenia Communities, but the proposal still requires the company to abandon its acquisition of land developer Peet.

A director of collapsed developer Lion Property Group is seeking to set aside a default judgment which he says would leave him on the hook for $35 million in damages.

Coles can't file more expert evidence in its fight over the ACCC's rejection of its purchase of a leasehold interest in a Kalgoorlie site, with a tribunal finding the supermarket had a chance to respond to the ACCC's "novel" harm theory.

Hotel manager Ennismore has argued a notice by the owners of The Olympia hotel in Paddington terminating a management agreement is invalid and wants the dispute sent to arbitration.

Charter Hall is teaming up with Japanese real estate company Tokyo Tatemono and UBS Asset Management on a portfolio of logistics assets across the east cost with a target end value of $1.2 billion.

Japan-based Optimus has sued Grant Thornton for allegedly giving negligent restructuring advice following its acquisition of dealership group Autopact, which resulted in the company owing $3 million in stamp duty, income tax and other costs.

Coles wants to file further expert evidence in its dispute with the ACCC over the acquisiton of land in Kalgoorlie, WA, claiming it had no notice of the regulator's "novel" theory of harm.