Real Estate

A judge has refused to shift the trial dates in a dispute regarding a strata plan renewal for a Chatswood apartment block to accommodate a solicitor's honeymoon.

Dexus has sold a premium Brisbane office building whose tenants include HSF Kramer and Allens to US investment management firm Barings for $700 million. 

CBRE has settled a lawsuit by an employee who alleged he was forced to continue working with a manager who falsely accused him of killing his rabbit. 

ASIC has found that customers have not been receiving the promised benefits of mortgage offset accounts and have been unknowingly paying more interest than they should have, with banks already paying out $55 million in compensation.

The site owner of a proposed shopping centre in Melton must return $1.5 million to a defunct developer that allegedly breached a $30 million land sale contract, an appeals court has found.

Real estate investment firm ISPT on Wednesday failed in its challenge to a $10.7 million stamp duty assessment, with a judge finding Victoria's revenue office was entitled to lump two acquisitions together.

A judge has rejected Forte Construction's bid to overhaul its defence to $6.3 million in claims by the liquidators of collapsed real estate fund manager iProsperity, saying the company had shown "contumelious disregard" for the court's earlier orders.

Superannuation fund-owned IFM Investors has purchased four sites in high-growth Melbourne suburbs to develop into a $300 million shopping centre portfolio as part of a partnership with Fawkner Property and Oreana. 

Dexus has surpassed its target of $2 billion in divestments by the end of the current financial year by selling two Sydney office buildings and one in Brisbane for $715 million.

Three-storey housing should be allowed in most suburbs, the Productivity Commission has recommended in a report that finds existing housing regulations have stymied new developments.