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Construction PRO
Rival real estate portals REA, Domain resolve case
Real estate portals Domain and REA Group have settled a lawsuit that alleged Domain scraped photos and floorplans from REA's exclusive listings for its property reports.
Construction PRO
Court blocks Paddington boarding house demolition for lux residences
The NSW Land and Environment Court has blocked a developer’s controversial plan to demolish a 32-bedroom boarding house in Inner Sydney suburb of Paddington to develop four luxury residences.
Construction PRO
Contradictor allowed in Optus appeal over telco tower development
A judge has allowed a Central Coast resident to weigh in on Optus’ challenge to a council's refusal to bless its plans to build a telecommunications tower, saying the council’s “commercial relationship” with the telco justified a contradictor.
Construction PRO
China’s JD.com makes foray into Australia with logistics centre buy
The infrastructure investment arm of Chinese e-commerce giant JD.com has entered the Australian industrial property market with the acquisition of a large distribution center in Brisbane.
Construction PRO
Lifestyle Communities mulls appeal after exit fees found void
Retirement village operator Lifestyle Communities has foreshadowed an appeal after a tribunal ruled that exit fees charged to departing residents were void.
Construction PRO
Couple that preferred one cladding’s aesthetic wins case against builder
A court has found a NSW prefab home builder that convinced a couple to vary their contract to allow different cladding which did not have the same aesthetic effect as their preferred one engaged in misleading and deceptive conduct.
Construction PRO
Charter Hall sells Bunnings asset for $44M in off-market deal
Property investment firm Charter Hall has sold its Bunnings Warehouse in the southeast Melbourne suburb of Clyde North for $44 million, in an off-market deal that reinforces the strength of retail real estate.
Construction PRO
Court finds bar on anti-competitive contracts doesn’t apply to land
A judge hearing a dispute over a lot in Victoria's Merrifield Business Park has found that the Competition and Consumer Act's bar on contracts that substantially lessen competition does not apply to a market in land.
Construction PRO
Star on hook for $36.5M if no deal reached with Queen’s Wharf partners
Troubled casino operator Star Entertainment says it will have to repay $36.5 million to its Queen's Wharf partners if an agreement  on a plan to buy out its stake in the Brisbane entertainment project is not reached by the end of the month.
Construction PRO
Sentinel shells out $132M for office in Brisbane’s Olympics precinct
Sentinel Property Group has purchased its most expensive office asset since its establishment, paying $132 million for a fully-leased office building in the heart of Brisbane's Olympics precinct.