Real Estate

Four Sydney venues owned by Jon Adgemis, including the South Bondi Hotel, have sold shortly after being listed, following a declaration that the former KPMG partner-turned-hospitality-mogul is bankrupt.

Perth law firm Lavan has moved its offices to a newly-built high rise in Elizabeth Quay, joining high-profile tenants, including Multiplex, at the prime waterfront site.

A subsidiary of Singapore-based developer Ho Bee Land has purchased a 181-hectare master-planned site at Elimbah, Queensland, from a Goldfields-led syndicate for $318 million.

Maddocks has relocated to a newly designed office in Sydney’s first skyscraper, the latest law firm to make the move to the "future-forward" tower in recent months.

Centuria Capital has scooped up a Chadstone shopping centre anchored by Bunnings, the Good Guys and JB Hi-Fi for $86 million. 

Builder Maxcon, financier Maxcap and mortgage broker ACMC are caught up in litigation over certificates of title underlying collapsed developer APH Holding’s $320 million Wellington Health precinct in Melbourne's Box Hill.

Fawkner Property has completed its purchase of the Erina Fair shopping centre on Sydney’s central coast from Lendlease for a landmark $895 million. 

A Hong Kong company has won its bid to claw back funds from the family of a deceased debtor who transferred a Sydney property to his wife as part of a purported separation agreement, with a court finding the transaction was intended to defraud creditors.

A residential land lease village on the mid-North coast of NSW has sold to Hampshire Property Group for $24.5 million. 

A director of developer Villawood has lost his bid to bring an alternative claim in his case against the company’s subsidiary alleging he is entitled to part of a property said to be worth $295 million.