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Court signs off on Manly beach-front residential development
A judge has allowed a development application for a five-storey beach-front apartment building in Sydney’s Northern Beaches, saying it will not impact access to the foreshore.
Construction PRO
Dexus to quiz APAC chair ahead of trial in airport shareholder row
Dexus can question APAC's chair on the material relied on by the Melbourne Airport operator in issuing a default notice requiring the real estate asset manager to sell its stake, ahead of trial in a fight over the validity of the notice.
Construction PRO
GrainCorp loses bid for security in property owners’ nuisance suit
A class action by property owners near a GrainCorp factory in rural Victoria has defeated the company's bid for security for costs, with a judge finding the orders would stultify the proceedings.
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High Court to weigh ‘honest claim of right’ defence for property offences
The High Court will hear a case centred on the 'honest claim of right' defence for property offences, after an appeals court handed a win to an Indigenous man who cleared native vegetation on government-owned land.
Construction PRO
Gallagher Hotel Management snaps up The Oaks Hotel for $140M
Family-owned Gallagher Hotel Management has acquired The Oaks Hotel in Sydney's Neutral Bay for $140 million.
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M&G partners with Stockland on senior living communities
M&G Real Estate and Stockland have entered a partnership to develop a portfolio of land lease communities within Australia's senior living sector.
Construction PRO
CapitaLand Ascendas REIT trustee not entitled to $1.4M rent guarantee: court
A court has excused the developer of a warehouse in greater western Sydney from paying a $1.38 million rent guarantee to CapitaLand Ascendas' REIT trustee Perpetual, finding it met its obligation to procure a tenant.
Construction PRO
In loss for Valuer General, court says law doesn’t prescribe method for valuations
The NSW Valuer General has lost its appeal of a decision upholding a challenge to eight land value determinations, with an appeals court finding that the Valuation of Land Act does not require the use of any specific method to determine land value.
Construction PRO
High Court won’t hear ATO appeal in fight with Geocon over GST
The High Court has declined to weigh in on a dispute between the tax office and Canberra developer Geocon over excess GST on $115 million in sales from a 360-unit development.
Construction PRO
Keystone-linked developer asks court to lift $158M freeze over property, cars
Developer Robert Filippini, who is suspected of fraudulently receiving investor money from defunct Keystone Asset Management, is seeking to appeal an extension of freezing orders over family trusts that hold property and several luxury cars.