Real Estate

Real estate developer AVID Property Group has matched an offer from Warburg Pincus to acquired holiday park operator Ingenia Communities.

Bunnings is pushing for an early trial in a misuse of market power case by a Mitre 10 franchisee seeking to halt its plans to open a nearby store, noting work has already begun on the store.

Mallesons has asked a court to set aside an examination summons filed by the liquidators of defunct developer FSM against a former senior associate of the firm.

The owners corporation of Sydney's Sugarcube Apartments has lost a bid to set aside a $25.8 million security granted by developer Golden Rain to the trustee for a group of lenders, with a court finding no intent to defraud had been established.

Bunnings is pushing for an early trial in a misuse of market power case by a Mitre 10 franchisee seeking to halt its plans to open a nearby store, noting work has already begun on the store.

Home builder Metricon has been ordered to identify the specific drawings it alleges a Queensland builder copied, in proceedings alleging copyright infringement of two of its home designs.

A court has struck out claims in a case by companies of a former Villawood Management shareholder that alleges he was sidelined by co-owners of the property development group, but the companies have been given the OK to amend the case.

Warburg Pincus has increased its offer to acquire Ingenia Communities after AVID Property Group lobbed a competing offer that valued the holiday park operator at $3.2 billion.

Coles’ proposed acquisition of a leasehold interest for a new Kalgoorlie supermarket will push the local IGA store out of the market, a tribunal has been told.

REA Group has been ordered to produce communications with Deloitte in a lawsuit over a promotional claim that rival real estate listings company Domain says is misleading.