Real Estate

A family-owned Mitre 10 franchisee will not be on the hook for costs if its loses a novel suit seeking to block Bunnings from opening a $36 million store next to its Jimboomba store, with a judge saying the case will provide guidance on the misuse of market power effects test.

Property developer Troon Group has acquired $80 million worth of industrial land in Western Australia's Bullsbrook, marking the company's entry into the Perth market.

Coles will continue its fight against the ACCC's decision to block its plans to lease a new site in Kalgoorlie, WA in the Competition Tribunal only, dropping a Federal Court challenge.  

Bathroom products giant Reece has lost its challenge to a decision that found its lease of a western Sydney warehouse remained on foot after it made an invalid attempt to terminate the ten-year deal.

Growthpoint Properties Australia has sold the Grenfell car park in Adelaide’s CBD to a local investor for an undisclosed price.

A class action against the Northern Territory's public housing authority has persuaded a judge to include questions relating to restitution at the initial trial.

Ingenia Communities has entered into an agreement to acquire land developer Peet, creating a real estate giant valued at $2.4 billion.

A judge has ordered a Gold Coast developer to honour two off-the-plan apartment contracts, finding it could not rely on sunset clauses to terminate the agreements.

Two former executives at Jones Lang LaSalle can bring unfair dismissal claims against the real estate giant, despite a solicitor’s error meaning the cases were technically out of time.

Mall owner Scentre Group has sold a 50 per cent stake in Westfield Mt Gravatt to Australian Retirement Trust for $882.5 million, taking to over $3 billion its capital raising from joint venture sales in the past year.