Real Estate

A Sydney premium property developer has been slapped with a freezing order that prohibits it from disposing of assets over $10.6 million as it faces a defects suit from the owners corporation of a Milsons Point tower.

Real estate fund manager Charter Hall has paid $47 million to purchase a Clinipath Pathology lab in Perth, bolstering its social infrastructure investment trust.

A class action has been filed against a NSW luxury developer and a local council by property owners alleging the land selected for a 683-lot project was unfit for residential development.

Defunct Westpac mortgage broker RAMS has reached a settlement in a trade mark stoush with fund manager Real Asset Management.

Commercial property firm DTZ Worldwide has lost its bid for $243 million in damages related to its acquisition of United Group from UGL Limited over United's alleged failure to disclose that a key contract was “loss-making”. 

Singapore real estate asset manager CapitaLand is still looking for an executive accused of stealing $2.7 million, eight months after securing freezing orders against him, a court has heard.

A state parliament inquiry is underway into the supply of homes in regional Victoria amid a critical housing shortage.

A judge has recused himself on the eve of trial from hearing a dispute between United Petroleum and Perth Airport over a lease and construction agreement, after revealing he had a relationship with one of the petrol chain's witnesses.

A judge has rejected an “ambitious and novel” freezing order sought by a creditor and former associate of bankrupt Graaf Group founder Gennaro Autore over a $22 million boutique hotel in Potts Point.

Law firm Maddocks has advised Simonds Group on its $10 million pick-up of Dennis Family Homes, an acquisition expected to generate $200 million in additional revenue for the homebuilder next year.