Real Estate

Russia has lost its High Court challenge to the federal government’s decision to terminate its lease on a site where it intended to build a new embassy in Canberra, but the court found the Commonwealth must pay the country reasonable compensation. 

After selling his $26 million Rose Bay mansion to AsheMorgan principal Michael Rothner in 2023, options trader David Waterhouse has levied allegations of “deliberate bad faith conduct”, on the first day of trial in a case over the mysterious removal of trees on a neighbouring property.

A judge who previously questioned why Geocon's $4 million construction dispute over two Canberra developments was in the Federal Court has said he will continue to hear the case.

A Sydney developer has won a dispute with the Inner West Council over its Annandale housing project application, despite a court finding it would cause a loss of affordable housing. 

Cromwell Property Group will acquire a 20 per cent stake in Straits Real Estate's $470 million Australian industrial portfolio.

In a show of the office market's recovery, GPT Group has reportedly sold 750 Collins Street in Melbourne's Docklands to a private buyer for $383 million.

The government of Western Australia will not move forward with a planned $1.6 billion redevelopment of the Perth Convention and Exhibition Centre but will instead divert most of its $1.6 billion investment to a hospital infrastructure fund.

Real estate investment fund manager ISPT has sold an 11-storey A-Grade office tower in Parramatta's CBD for $82 million.

Developer Villawood wants to add its director’s three daughters to its case over an alleged “dishonest and fraudulent design” to divert valuable management fees for a project in Wallan, Victoria to the director’s family company.

A woman has lost her lawsuit seeking to get out of an agreement to purchase an apartment 'off the plan' in a luxury development in Sydney's harbourside suburb of Rushcutters Bay, after the wrong colour marble was installed in the kitchen.