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Housing supply concerns deflate optimism in property industry
Construction 2025-04-10 11:11 pm By Julia Kanapathippillai

A survey of Property Council of Australia members has found optimism in the industry has improved, but concerns about housing supply remained a concern.

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Mills Oakley snags real estate, financial services partners for Melbourne office
People In The News 2025-04-10 11:47 pm By Julia Kanapathippillai

Mills Oakley has hired two new partners for its financial services and national property teams.

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Lawyer cops ban for advising on $70M property deal in breach of practice conditions
New South Wales 2025-04-09 11:52 pm By Sam Matthews

A Sydney lawyer has been hit with a one-year ban after a tribunal found he acted in a personal capacity for a friend in a $70 million property deal but falsely represented that he was acting for his employer.

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KordaMentha sues to wrest control of Whyalla port from Sanjeev Gupta
Restructuring & Insolvency 2025-04-08 11:02 pm By Cat Fredenburgh

KordaMentha has filed a lawsuit to force Sanjeev Gupta’s GFG Alliance to turn over the port at OneSteel’s Whyalla plant in South Australia, arguing the court should doubt a GFG unit’s claims to a lease for the port.

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Lendlease loses Campbelltown land fight with Macarthur-Onslow family
Construction 2025-04-08 11:55 pm By Sam Matthews

Lendlease has lost a lawsuit seeking to enforce a $120 million purchase agreement for five properties in Campbelltown, with a judge finding its failure to meet the conditions of sale for one key property meant the deal was off.

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Denman Prospect shopping centre owner locked in fight with tenants over biz sale
Real Estate 2025-04-07 11:58 pm By Julia Kanapathippillai

A unit of Capital Property Group, which owns the Denman Prospect shopping centre in Canberra, has won its bid for subpoenas from lease holders that are fighting its opposition to their plans to sell their businesses.

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AVID wins approval for 300-home Waterford development in NSW’s Hunter Valley
Real Estate 2025-04-04 11:50 pm By Christine Caulfield

AVID Residential has secured approval for a 300-lot development in Chisholm, NSW, following an appeal of a deemed refusal by the Maitland City Council.

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JB Asset Management wins back funds from failed $395M development deal
Real Estate 2025-04-03 11:05 pm By Sam Matthews

JB Asset Management has clawed back $3 million from a scuttled real estate deal involving LBA Capital, almost a year after LBA’s director was jailed for fraud.

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Construction PRO
AVID Property to swallow AVJennings in $365M buyout
Real Estate 2025-04-01 11:33 pm By Cat Fredenburgh

Property group AVJennings has accepted a trimmed $365 million takeover offer from private equity-backed AVID Property after failing to receive a binding offer from Singaporean developer Ho Bee Land.

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Repped by KWM, Daibiru picks up Sydney office tower from Investa
Real Estate 2025-04-01 11:43 pm By Julia Kanapathippillai

Japanese property group Daibiru Corporation has made its second investment in Sydney, acquiring a CBD office tower from real estate investment manager Investa.

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