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Construction PRO
Surfers Paradise’s Cavill Lane sells to investment firms for $31M
Surfers Paradise's Cavill Lane retail precinct has been sold for $31 million to investment management companies Boston Global and The Property Factory.
Construction PRO
For Sydney corporate tenants, prime views come with high price tag
Companies can expect to pay 60 per cent more to rent out floors with views in Sydney’s premium office towers, according to a report by commercial real estate broker CBRE.
Construction PRO
REA Group probed by ACCC over subscriptions for real estate agents
Real estate listings giant REA Group faces questions by the Australian Competition and Consumer Commission over its subscription offerings.
Construction PRO
Developer wins appeal over deal for NDIS housing
Developer Thousand Hills Property has won an appeal in its fight with LBA Capital over a scuttled property deal for NDIS housing, with an appeals court accepting that LBA repudiated the deal in an email sent by its former director.
Construction PRO
Seizing on ‘Olympic effect’, Centuria sells Queensland properties for $60M
Real estate funds manager Centuria Capital Group has taken advantage of surging investment demand, selling three industrial assets in southern Queensland for an average sales premium of 25 per cent.
Construction PRO
NorthWest vows to work with Healthscope buyers as hospital group fails
Northwest Healthcare Properties REIT has promised to work with potential buyers as Healthscope -- the trust's second largest tenant -- collapses.
Construction PRO
CSR prevails in appeal over works at $408M Horsley Park industrial development
CSR Building Products has won a legal challenge over a development application at its 52-hectare industrial estate in western Sydney, which has generated sale proceeds of over $408 million to date. 
Construction PRO
Qube, developer lose $20M claim against Defence over contaminated land
A Qube unit and a developer have lost their $20 million claim alleging the Department of Defence failed to properly address asbestos contamination on leased land which was redeveloped into a terminal facility in Moorebank. 
Construction PRO
‘What’s done can’t be undone’: Judge says alleged Dexus breach seems irremediable
Dexus' denial of a breach of confidentiality in a battle with co-owners of airport operator APAC is unlikely to hold up, a judge has said, and what appears to have been done can't be undone. What the high-stakes row will come down to, he says, is materiality.
Construction PRO
MA Financial to pay $90.4M for real estate investment manager IP Generation
ASX-listed MA Financial will acquire shopping centre-focused real estate investment manager IP Generation for $90.4 million.