Cbus has reportedly agreed to acquire all the units in Lendlease’s $2 billion shopping centre fund, which includes some of the country’s largest mall assets.
A private investor has paid $71 million for a 50 per cent stake in the Sunshine Marketplace shopping centre in Melbourne’s west.
Dexus’ industrial real estate trust has bought a half-stake in an industrial estate in NSW for $49.6 million from its manager.
Judo Bank has failed to secure an injunction against a disgruntled customer who launched a billboard campaign against it amid a dispute about a loan for a $65 million property.
A Sydney developer has been slapped with orders preventing it from selling the ‘Honeycomb Terraces’ in order to preserve the funds available to the owners corporation, which is seeking damages over defects at the allegedly contaminated site.
Dexus has halved the number of documents it claims are shielded by legal privilege from production to fellow owners of airport operator APAC ahead of trial over an alleged breach of a shareholder deed, a court heard Monday.
A court has rejected a developer’s plans for a Sydney housing development, finding its cramped townhouses would provide little amenity to future residents and encroach upon an endangered environment site.
Real estate investor Mitsubishi Estate Asia is divesting its 49.9 per cent interest in the Stockland Residential Rental Partnership amid what its broker says is “surging” interest in the land lease communities sector in Australia.
Mining magnate Gina Rinehart has argued she should be dismissed from a dispute with a neighbour at her Sundown Valley cattle station over a fence, with the neighbor telling a judge no lawyer will represent her in the dispute with the billionaire.
Property investor Charter Hall has dropped $152 million for a 50 per cent stake in Western Sydney University’s Parramatta campus.