Real Estate

In reply submissions filed with the High Court, a class action against Homes Victoria over the demolition of public housing towers in Melbourne says residents had no real choice but to vacate and slams the government's attempts to minimise the impact of its decision.

A builder has been ordered to pay owners of a Cremorne house $1.25 million in damages over defective renovations.

Controversial rezoning plans by the NSW government aimed at increasing housing by more than 9,400 homes will allow 34-storey residential buildings in Sydney's east, according to a draft proposal released Tuesday.

Macquarie Asset Management has acquired half of Aware Super’s Victorian land registry stake, with law firm Allens advising the superannuation fund on the deal.

A class action against Mulpha over a 683-lot development in Glenmore Park will discontinue stigmatisation claims, with property damage claims still remaining, a court has heard. 

A company that says it loaned millions to the owner of a Brighton property has sued HWL Ebworth for negligence, alleging the firm failed to advise on “patent ambiguity” in a loan agreement that caused it to lose $2 million. 

Ingenia Communities has rejected a $1.9 billion unsolicited takeover offer from private equity firm Warburg Pincus, saying it undervalues the company.

A fight over the sale of Dexus' shares in Melbourne Airport operator APAC “may well” go to the High Court, a judge said Friday, as the infrastructure asset manager tells the court the sale may be in the “many billions of dollars".

A group of owners at The Towers in Elizabeth Quay has sued Hong Kong-based developer Far East Consortium over alleged defects in the building. 

A contradictor will weigh in on an $18 million settlement in a class action by Sydney homeowners, even though the funder and law firm have agreed to a cut from their deductions, which would have left just 20 per cent of the settlement for group members.