Real Estate

Perth-based fund manager Acure has launched an office trust in a bid to acquire a riverfront A-grade office tower on the fringe of Brisbane’s CBD.

A company owned by pub baron and former KPMG partner Jon Adgemis has lost its bid to set aside a $5 million default judgment over a 2020 loan agreement.

Star Entertainment says it is "unlikely" an agreement will reached by the end of the month for its Queen's Wharf partners to buy out its stake in the Brisbane entertainment project. 

A lot has changed in Australia and the US since 2016, when Turnbull and Obama were still in power, but the same can't be said for a negligence suit against HWL Ebsworth filed by a client that year, laments a wistful judge.

Two Japanese real estate giants will partner with Lendlease on its plan to develop a $2.5 billion luxury apartment complex overlooking Sydney’s Hyde Park.

Real estate funds manager Carpe Diem has scooped up the 42-room UME Potts Point co-living apartment block in Sydney’s east.

Developers Stockland and John Boyd are teaming up to build a $3.5 billion logistics precinct at the site of 18.3-hectare Kogarah golf club near the Sydney Airport.

A judge has ordered the sales proceeds of Western Sydney properties linked to former Dyldam director Sam Fayad to be paid into court, saying there was an arguable case that the sales were intended to defraud creditors.

Retirement village operator Lifestyle Communities has secured a reprieve from a ruling that found its exit fee policy was unenforceable, but has said it won't spend the funds it collects while the stay is in place.

The liquidators of iProsperity Group want Crown to repay $55 million in company funds they say were gambled away by the real estate funds manager's directors.