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Construction PRO
Victorian revenue office loses High Court bid in fight with Myer landlord
The High Court has declined a special leave application from Victoria’s State Revenue Office over a battle with shopping centre landlord Vicinity Funds over $82.5 million in stamp duty.
Construction PRO
Cases over $62M in land development units to be heard with Villawood’s suit
A Victoria Supreme Court judge has ordered the transfer of two cases over pre-emptive rights in a land development unit trust to the Federal Court, to be heard alongside a case by property developer Villawood.
Construction PRO
Hotel Lindrum purchaser fights to revive trade mark for new development
The company behind the redevelopment of Melbourne’s former Hotel Lindrum has told a judge that the terms of a hotel management agreement were sufficient to establish use of the 'Lindrum' trade mark.
Construction PRO
Hilton appeals loss in fight with ATO over $173M hotel sale
Hilton has filed an appeal after losing a challenge to a $173 million tax adjustment from the 2015 sale of the Sydney Hilton Hotel.
Gadens boosts fintech, property practices with new partners
Gadens has hired two new partners in its fintech and property practices to meet growing client demand.
Construction PRO
Receivers appointed over $29.4M Latrobe Valley resort scheme
The corporate regulator has secured orders appointing receivers to a company behind a housing project on Lake Narracan in Victoria's LaTrobe Valley, after telling a court it was concerned more than 100 investors have been misled.
Construction PRO
Energy Bay strikes $430M solar, battery deal with Centuria
Distributed energy platform Energy Bay will invest $430 million to install solar panels and battery storage at up to 240 properties across Centuria Capital Group's portfolio, supplying electricity to participating tenants under a 30-year agreement.
Construction PRO
Gadens boosts presence in Perth property market with new partner
Gadens has hired two new partners in its fintech and property practices to meet growing client demand.
Coles wins bid to correct info given to ACCC in merger challenge
Coles has won its bid to correct inaccurate information given to the ACCC about supermarket revenue and sales in proceedings challenging the regulator's rejection of its acquisition of leasehold interest in a Kalgoorlie site.
Construction PRO
Ingenia gives Warburg initial due diligence access after $2.1B bid
Land lease operator Ingenia Communities has opened its books to Warburg Pincus after the US private equity firm improved its takeover bid to $2.14 billion.