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Construction PRO
Aldi inks 20-year agreement for Charter Hall logistics hub
Aldi has entered into a 20-year pre-lease agreement with Charter Hall for a 102,000 square metre temperature controlled warehouse in Tarneit, Victoria, and has extended its tenancy at a distribution facility in Queensland by eight years.
Construction PRO
Allied Pinnacle scores partial win in fight over commercial lease
Allied Pinnacle has partially succeeded in its fight over a commercial lease in Western Sydney, with a judge finding the baked goods supplier did not have to remove its fit out at the conclusion of its lease, but did have to repaint the external walls.
Construction PRO
Film producer loses battle over property deal with Bondi neighbours
The film producer behind Angel Baby, Rabbit Proof Fence, and Romper Stomper has been ordered to sell his shares of a property development joint venture he founded with his neighbours.
Construction PRO
Queensland developer loses appeal over sales agent commissions
The developer of a North Ipswich residential estate has lost its appeal against orders that it pay over $250,000 in commissions to a real estate project marketing company hired to facilitate the sale of lots.
Construction PRO
Lendlease CEO to step down in August
Lendlease has announced that its CEO Tony Lombardo will depart in August this year, after the release of the company’s full year financial results.
Construction PRO
Melbourne Water may drag others into flooding class action
Melbourne Water has told a court that it may join third parties to a class action brought on behalf of retirement village residents over the flooding of the Maribyrnong River.
Construction PRO
Charter Hall teams up with Mitsubishi Estate for Melbourne logistics hub
Real estate investment manager Charter Hall has joined forces with Japan's Mitsubishi Estate Asia to develop a 40,000sqm logistics hub in Melbourne's west.
Construction PRO
Lendlease reaches deal with Cbus on $2B malls fund
Cbus has reportedly agreed to acquire all the units in Lendlease's $2 billion shopping centre fund, which includes some of the country's largest mall assets.
Construction PRO
Melbourne shopping centre stake sold for $71M
A private investor has paid $71 million for a 50 per cent stake in the Sunshine Marketplace shopping centre in Melbourne's west.
Construction PRO
Dexus acquires stake in Moorebank industrial estate for $50M
Dexus’ industrial real estate trust has bought a half-stake in an industrial estate in NSW for $49.6 million from its manager.