Real Estate

Singapore-based developer Maplewood Investments has acquired a 1,398 square metre site in Perth's CBD to develop a premier 835-bed student housing accommodation.

The administrators of the New South Wales Cyprus Community club can sell an inner Western Sydney property of “substantial value”, with a judge finding they are not subject to a condition under the Registered Clubs Act. 

The Queensland Commissioner of State Revenue has lost an appeal against the Montessori Children’s Foundation after it refused the organisation's bid to be registered as a charity to avoid property taxes.

A director at property developer Villawood can't shield instructions given to his Mills Oakley solicitor after a judge found he sought to use his lawyer to mislead the court.

Elanor Funds Management has recommended shareholders reject a $284 million unsolicited takeover bid by the Lederer Group, saying the price is “opportunistic” and materially undervalues the commercial property fund. 

A judge has found bathroom products giant Reece did not validly end a decade-long warehouse lease after its own actions caused a delay in obtaining an occupation certificate.

Real estate investment manager Marquette Properties has acquired an office tower on George Street in Brisbane for $52 million, after scooping up another tower down the street last year for a student accommodation. 

Real estate asset manager Dexus wants information that the Asia Pacific Airport Corporation gave to several consultants in a court battle over allegations it breached a shareholder deed in selling a stake in the airport operator.