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Construction PRO
VCAT decision against developer ‘lacks intelligible justification’: court
A property developer has won its challenge to a VCAT decision that tanked its subdivision plans, with an appeals court accepting its argument that the decision was “seriously illogical”.
Construction PRO
A&O Shearman launches Aussie real estate practice with SPB partner
A&O Shearman has poached a Squire Patton Boggs partner to build a dedicated real estate practice in Australia.
Construction PRO
Lendlease offloads $900M Erina Fair shopping centre from embattled fund
Lendlease has reportedly sold the $900 million Erina Fair shopping centre on NSW's Central Coast, one of the assets that formed part of an unlisted fund the real estate giant has fought to maintain control over.
Construction PRO
Davies Collison Cave files lawsuit over Melbourne lease
IP boutique Davies Collison Cave has brought proceedings against its Melbourne landlord at the Orica House, seeking a declaration that it has not abandoned its lease.  
Construction PRO
Health club Next Gen Doncaster sold for $24.65M
An upscale health and wellness facility in Melbourne’s eastern suburbs has been sold to a private investor for $24.65 million. 
Construction PRO
Developer sued over ‘off-the-plan’ apartment purchase in lux Queensland high-rise
Queensland developer Cav Gasworks is facing a suit by a purchaser of an 'off-the-plan' apartment, after being ordered to pay $10.3 million for using a sunset clause to renege on an agreement with another buyer in the luxury Newstead high-rise.
Construction PRO
Real estate emerges from interest rate-linked contraction: Dexus
Australian real estate is bouncing back, with returns expected in the 7 to 9 per cent range over the next year, after a period of contraction triggered by an interest rate spike, according to new research.
Construction PRO
Jon Adgemis’ South Bondi Hotel to be put on market later this year
Receivers for Jon Adgemis' Public Hospitality Group are planning to put the South Bondi Hotel on the market by the end of the year.
Construction PRO
JLL sued by former CEO, in latest fallout from harassment investigation
The former CEO for JLL's Australian unit has sued the real estate firm after he was allegedly terminated following an investigation into a complaint against a manager.
Construction PRO
Investors win $9.7M in dispute over failed Gold Coast development
A group of investors have won a dispute against a Newcastle-based company over a foreclosure on a mortgage in relation to a Gold Coast which did not proceed.