Real Estate

Hotelier Mark Barry has sold the iconic Fire House Hotel for a reported $35 million, in the first freehold hotel transaction in North Sydney's CBD in more than 40 years.

The liquidators of real estate investment company Global Capital Property Fund have sued the company’s current and former directors, alleging breaches of fiduciary duties in relation to a Queensland development.

Singapore-based developer Maplewood Investments has acquired a 1,398 square metre site in Perth's CBD to develop a premier 835-bed student housing accommodation.

The administrators of the New South Wales Cyprus Community club can sell an inner Western Sydney property of “substantial value”, with a judge finding they are not subject to a condition under the Registered Clubs Act. 

The Queensland Commissioner of State Revenue has lost an appeal against the Montessori Children’s Foundation after it refused the organisation's bid to be registered as a charity to avoid property taxes.

Elanor Funds Management has recommended shareholders reject a $284 million unsolicited takeover bid by the Lederer Group, saying the price is “opportunistic” and materially undervalues the commercial property fund. 

A director at property developer Villawood can't shield instructions given to his Mills Oakley solicitor after a judge found he sought to use his lawyer to mislead the court.

A judge has found bathroom products giant Reece did not validly end a decade-long warehouse lease after its own actions caused a delay in obtaining an occupation certificate.