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Queens Wharf partners terminate $53M deal to buy out Star’s stake
Construction 2025-06-30 11:53 pm By Cat Fredenburgh

Hong Kong-based investors Chow Tai Fook Enterprises and Far East Consortium plan to terminate a $53 million agreement to buy out Star Entertainment’s stake in the Queen’s Wharf entertainment project in Brisbane.

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iProsperity liquidators win OK for retainer to pursue $45M claim against Crown
Real Estate 2025-06-30 11:11 pm By Julia Kanapathippillai

Liquidators for iProsperity have been given the greenlight to enter into retainers with Norton Rose Fulbright to pursue claims against the defunct property group’s general manager and Crown Melbourne.

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NSW landlords to face penalties for doctoring rental photos
Real Estate 2025-06-30 11:33 pm By Andy Sidler

Under proposed reforms to NSW tenancy laws, businesses that publish misleading photographs of rental penalties will face penalties of up to $22,000 and face new requirements for securing renters’ personal data.

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Jones Day nabs real estate pro from Clayton Utz
Clayton Utz 2025-06-30 11:27 pm By Julia Kanapathippillai

Jones Day has lured a real estate expert from Clayton Utz to join its Brisbane office as a partner.

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ACT seeks early hearing on covenant breach in public housing class action
Class Actions 2025-06-27 11:58 pm By Cindy Cameronne

The ACT government is pushing for an initial trial dealing with “gateway questions” in a class action over alleged forced relocations of public housing tenants, after it lost a bid to summarily dismiss the case. 

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Construction PRO
Centuria Capital divests South Eveleigh office block for $116M
Real Estate 2025-06-27 11:39 pm By Andy Sidler

Centuria Capital Group has divested an office block in Sydney’s southern suburbs for $116 million after holding it for nine years.

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Construction PRO
Brookfield to sell Aveo to Scape in $3.85B deal
Real Estate 2025-06-26 11:53 pm By Cat Fredenburgh

Brookfield Asset Management has agreed to sell retirement home operator Aveo for $3.85 billion in what’s been touted as the largest-ever direct real estate transactions in Australia. 

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Construction PRO
Regal Partners acquires 50% of Ark Capital, buys $75M luxury hotel
Construction 2025-06-26 11:59 pm By Cindy Cameronne

ASX-listed Investment manager Regal Partners has acquired 50 per cent of real estate investment platform Ark Capital Partners, as well as a five-star luxury hotel in Adelaide for $75 million. 

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Clifton Village Shopping Centre sold for $34M
Real Estate 2025-06-26 11:19 pm By Julia Kanapathippillai

Fawkner Property Group has acquired a shopping centre in Far North Queensland for $34 million, its third recent shopping centre purchase in the region.

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Court OKs demolition for Third.i’s lux Sydney development
Construction 2025-06-23 11:51 pm By Julia Kanapathippillai

The NSW Land and Environment Court has approved a plan to demolish an apartment building in the harbour-side Sydney suburb of Rushcutters Bay to make way for luxury apartments.

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