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.
Leading national firm Corrs Chambers Westgarth is soaring to new heights with brand new Melbourne digs in the country’s tallest office building.
The lead plaintiffs in a lawsuit against Transport for New South Wales over the compulsory acquisition of land for the WestConnex road project have won their bid to toss a third suit brought by the funder which backed the case.
Two sacked executives of JLL’s industrial division have filed court action against the publisher of The Australian over articles they say had a “devastating” impact on their reputations and cost them up to $15 million.
Global real estate investment giant Colliers has boosted its presence in South Australia by acquiring a leading Adelaide-based urban development consultancy.
CBRE has denied taking unlawful adverse action against an employee who alleges he was forced to continue working with a manager who falsely accused him of killing his rabbit and asked him which female coworkers he would have sex with.
Property giant Frasers has expanded its capital partnership with Morgan Stanley to include a portfolio of $500 million in warehouse assets in NSW, Victoria and Queensland, bringing their partnership to over $1 billion in assets.