Real Estate

Two units of Queensland real estate firm Coronis have lost a fight with the tax office over service fee deductions claimed for payments to related entities for the use of the Coronis trade mark, among other trust assets.

Commercial real estate group JLL has brought on EY's former clients and industries managing partner to replace its sacked CEO, as it battles litigation on multiple fronts and tries to restore its reputation.

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.

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.

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.

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.

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.

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.

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.

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.