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Dexus sues SA’s flagship medical institute over unsigned 30-year leases
Real estate landlord Dexus is suing South Australia's medical research insitute for failing to execute on 30-year leases to occupy Adelaide's Australian Bragg Centre, despite "repeated demands".
Construction PRO
HYG wins approval for masterplanned community in Western Sydney
Property developer HYG has been given the green light by a court to build the next stage of a masterplanned community in Western Sydney.
Construction PRO
Developer wins docs from council in spat over Paddington boarding house reno
Sydney City Council has been ordered by a court to produce documents in a legal battle with a property developer seeking to convert a Paddington boarding house into luxury residences.
Construction PRO
Dexus must sell stake in $1.7B shopping centre to Macquarie after failed appeal
An appeals court has rejected Dexus' challenge to a finding that it must sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail, saying its arguments contradicted the “evident commercial purpose” of the contracts at issue.
Construction PRO
Airservices to face ‘substantially expanded’ case by Perth Airport over PFAS
A judge has allowed Perth Airport to amend its case against sublessee Airservices over alleged groundwater contamination from the use of firefighting foam, finding that allowing the airport to describe PFAS chemicals as "potentially toxic" would not render the case ambiguous.
Construction PRO
Herbert Smith Freehills poaches real estate partner from Corrs
Herberts Smith Freehills has bolstered its real estate group, snagging a Corrs Chambers Westgarth partner with expertise in complex real estate transactions.
Salter Brothers, XL Insurance resolve fight over coverage for clients’ lawsuit
Real estate investment manager Salter Brothers has resolved a spat with XL Insurance over more than $6 million in costs incurred in successfully defending itself in lawsuits by three clients.
Construction PRO
Stockland-led consortium confirmed for Sydney social housing revamp
A Stockland consortium has finalised contracts with the NSW government to lead a major redevelopment of social housing in the inner Sydney suburb of Waterloo.
Construction PRO
Victoria can’t set aside disclaimer on hazardous waste at rental property
The state of Victoria can't set aside a liquidator's disclaimer over hazardous waste in a property rented by collapsed marine safety flooring company Fordex, with a judge finding the landlord's rights over the property and waste were not terminated by the disclaimer.
Construction PRO
Foodco defeats Muffin Break franchisee’s ‘convoluted’ appeal over rental payments
Muffin Break franchisor Foodco has defeated a franchisee's challenge to a ruling that put it on the hook for money owed under a rental agreement after the lease for the store at the Bayside Shopping Centre in Frankston was not renewed.