Real Estate

Hospitality group EVT Group has acquired hotel management company Pro-Invest Hotels for $74 million to seed the launch of its own brand management business.

Property group Salta has shed its 50 per cent interest in Preston Market to long-standing co-owner Medlich as part of a strategy to expand its build-to-rent business.

Developer CBS Commercial has asked a court to summarily dismiss a defects suit over a luxury lakeside development in the leafy Canberra suburb of Kingston, arguing the case has no reasonable prospects of success.

A Queensland construction company that bought land following its resumption by a state government agency is not entitled to be compensated for the land grab, a court has found.

Real estate investor Mapletree Logistics Trust has sold its logistics facility in Victoria's Wodonga  for $60 million, saying the hub was no longer in line with its investment strategy.

GFG unit Whyalla Ports has won its bid to rub out some expert evidence put forward by OneSteel about the costs of dismantling and removing assets from the site in their dispute over control of the assets at the South Australian port.

Developer Deicorp and Metrics Credit Partners are teaming up on a $1.8 billion apartment project in Five Dock in Sydney’s Inner West.

Gateway Capital has acquired a warehouse in Sydney's Eastern Creek from private equity firm Blackstone for $75 million as part its plan to build a $800 million industrial and logistics portfolio.

The corporate regulator has launched a review into the requirement that superannuation funds disclose land transfer duty fees, commonly referred to as a 'stamp duty', in a move that could boost super investments in the property sector.

Commercial property fund Elanor Funds Management has hit back at "factually incorrect" claims made by Lederer Group as part of a $285 million takeover bid.