Real Estate

A property developer has won its challenge to a VCAT decision that tanked its subdivision plans, with an appeals court accepting its argument that the decision was “seriously illogical”.

IP boutique Davies Collison Cave has brought proceedings against its Melbourne landlord at the Orica House, seeking a declaration that it has not abandoned its lease.  

An upscale health and wellness facility in Melbourne’s eastern suburbs has been sold to a private investor for $24.65 million. 

Receivers for Jon Adgemis' Public Hospitality Group are planning to put the South Bondi Hotel on the market by the end of the year.

Queensland developer Cav Gasworks is facing a suit by a purchaser of an 'off-the-plan' apartment, after being ordered to pay $10.3 million for using a sunset clause to renege on an agreement with another buyer in the luxury Newstead high-rise.

Australian real estate is bouncing back, with returns expected in the 7 to 9 per cent range over the next year, after a period of contraction triggered by an interest rate spike, according to new research.

The NSW Land and Environment Court has granted approval for Moini's co-living development on Sydney's Parramatta Road, following a conciliation conference with the Inner West Council.

The former CEO for JLL's Australian unit has sued the real estate firm after he was allegedly terminated following an investigation into a complaint against a manager.

A group of investors have won a dispute against a Newcastle-based company over a foreclosure on a mortgage in relation to a Gold Coast which did not proceed. 

Mutual company Australian Unity has sold the Greensborough Medical Centre and Day Hospital in Victoria to the Property Advisory for $32.5 million.