The owner of Sydney developer Coronation Property has sued Fairfax for defamation over a Sydney Morning Herald story that allegedly linked him to arson attacks on two childcare centres and the home of YouTuber Jordan Shanks. Coronation Property owner Joe Nahas filed proceedings in the NSW Supreme Court against Fairfax Media over the July story…
Hong Kong’s Link REIT has reportedly made an offer for a half interest in several shopping centres in Lendlease’s retail property fund.
Russia has lost its High Court challenge to the federal government’s decision to terminate its lease on a site where it intended to build a new embassy in Canberra, but the court found the Commonwealth must pay the country reasonable compensation.
After selling his $26 million Rose Bay mansion to AsheMorgan principal Michael Rothner in 2023, options trader David Waterhouse has levied allegations of “deliberate bad faith conduct”, on the first day of trial in a case over the mysterious removal of trees on a neighbouring property.
A judge who previously questioned why Geocon’s $4 million construction dispute over two Canberra developments was in the Federal Court has said he will continue to hear the case.
A Sydney developer has won a dispute with the Inner West Council over its Annandale housing project application, despite a court finding it would cause a loss of affordable housing.
Cromwell Property Group will acquire a 20 per cent stake in Straits Real Estate’s $470 million Australian industrial portfolio.
In a show of the office market’s recovery, GPT Group has reportedly sold 750 Collins Street in Melbourne’s Docklands to a private buyer for $383 million.
The government of Western Australia will not move forward with a planned $1.6 billion redevelopment of the Perth Convention and Exhibition Centre but will instead divert most of its $1.6 billion investment to a hospital infrastructure fund.
Real estate investment fund manager ISPT has sold an 11-storey A-Grade office tower in Parramatta’s CBD for $82 million.