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Construction PRO
Cromwell sells remaining stake in Chatswood office complex for $87M
Real Estate 2025-07-24 11:29 pm By Cat Fredenburgh

Cromwell Property Group has sold its remaining 50 per cent stake in an office building in Sydney’s Chatswood at the discount price of $87 million.

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Russell Kennedy snags partner from Mills Oakley for disputes team
Business of Law 2025-07-23 11:10 pm By Cindy Cameronne

Russell Kennedy has lured a partner from Mills Oakley to join its Sydney commercial litigation and dispute resolution practice.

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Construction PRO
Dexus drops $683M for stake in Westfield Chermside shopping centre
Real Estate 2025-07-23 11:55 pm By Andy Sidler

Property giant Dexus has acquired a 25 per cent stake in Australia’s second-largest regional shopping centre from Scentre for $683 million.

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Construction PRO
Carlton site sold to SP Setia for $114M in off-market deal
Real Estate 2025-07-23 11:07 pm By Christine Caulfield

Malaysian property developer SP Setia is strengthening its presence in inner-city Melbourne, acquiring the largest development site in Carlton for $114 million.

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Construction PRO
Gold Coast land’s oceanfront views doom bid for $28M valuation cut
Real Estate 2025-07-22 11:24 pm By Andy Sidler

The body corporates for beachfront blocks on the Gold Coast have failed in their bid to knock back two land valuations by a combined $28 million, with a Land Court member finding oceanfront land fetches a higher premium.

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Construction PRO
Office sector bounces back, led by Sydney CBD: Dexus report
Real Estate 2025-07-22 11:50 pm By Cindy Cameronne

Real estate returns are rebounding across all sectors, with the office sector entering a recovery cycle, led by the Sydney CBD, according to a new report from Dexus. 

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Construction PRO
United Petroleum property manager had no authority to negotiate lease: court
Real Estate 2025-07-21 11:37 pm By Andy Sidler

A court has found that United Petroleum is not bound by the terms of a signed lease offer sent to a neighbouring Gold Coast pharmacy operator, ruling the company’s property consultant had no authority to negotiate or enter into a new lease on its behalf. 

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Construction PRO
Brookfield scoops up 19.9% interest in Cromwell Property Group
Real Estate 2025-07-21 11:55 pm By Cat Fredenburgh

Brookfield has scooped up a 19.9 per cent stake in real estate investment manager Cromwell Property Group.

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Construction PRO
$800M investment in Aliro Group’s industrial vehicle by Canada pension fund
Real Estate 2025-07-21 11:26 pm By Christine Caulfield

Joining CBRE Investment Management in fast-tracking developer Aliro Group’s flagship industrial vehicle, Canadian super fund PSP Investments has committed up to $800 million for investment.

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Construction PRO
Abacus Storage grants due diligence to consortium behind $2.2B takeover offer
Real Estate 2025-07-21 12:59 pm By Cat Fredenburgh

Abacus Storage Kings will open its books for a consortium of Ki Corporation and New York Stock Exchange-listed Public Storage, which lobbed a $2.2 billion takeover offer last week.

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