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Construction PRO
GPT divests Collins Street, Docklands building for $383M
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.
Construction PRO
WA cancels $1.6B redevelopment for Perth Convention and Exhibition Centre
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.
Construction PRO
ISPT offloads Parramatta CBD office tower for $82M
Real estate investment fund manager ISPT has sold an 11-storey A-Grade office tower in Parramatta's CBD for $82 million.
Construction PRO
Villawood wants director’s daughters added to fraud suit over Wallan development
Developer Villawood wants to add its director’s three daughters to its case over an alleged “dishonest and fraudulent design” to divert valuable management fees for a project in Wallan, Victoria to the director’s family company.
Construction PRO
Lux Sydney development didn’t repudiate contract by installing wrong marble: court
A woman has lost her lawsuit seeking to get out of an agreement to purchase an apartment 'off the plan' in a luxury development in Sydney's harbourside suburb of Rushcutters Bay, after the wrong colour marble was installed in the kitchen.
Construction PRO
Corrs Chambers trades up with new digs at 120 Collins Street
Leading national firm Corrs Chambers Westgarth is soaring to new heights with brand new Melbourne digs in the country's tallest office building.
Construction PRO
Plaintiffs in WestConnex suit win dismissal of third suit by funder
The lead plaintiffs in a lawsuit against Transport for New South Wales over the compulsory acquisition of land for the WestConnex road project have won their bid to toss a third suit brought by the funder which backed the case.
Construction PRO
Former JLL industrial execs take publisher to court after sacking
Two sacked executives of JLL's industrial division have filed court action against the publisher of The Australian over articles they say had a "devastating" impact on their reputations and cost them up to $15 million.
Construction PRO
Colliers acquires Adelaide-based engineering consultancy
Global real estate investment giant Colliers has boosted its presence in South Australia by acquiring a leading Adelaide-based urban development consultancy.
CBRE hits back at claims employee was falsely accused of killing rabbit
CBRE has denied taking unlawful adverse action against an employee who alleges he was forced to continue working with a manager who falsely accused him of killing his rabbit and asked him which female coworkers he would have sex with.