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JY Group puts down $318.6M for stake in Bankstown Central shopping centre
Real Estate 2025-09-23 11:56 pm By Cat Fredenburgh

Real estate investment manager JY Group has acquired a 50 percent stake in the Bankstown Central shopping centre in Sydney’s south-west for $318.6 million.

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Construction PRO
Fairfield developer wins spat over $3M payment claim
Construction 2025-09-22 11:11 pm By Julia Kanapathippillai

A developer has won an injunction to stop a builder from enforcing an adjudication decision in a dispute over a $3 million payment claim, with a judge finding it would be an abuse of process to make the developer pay.

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Commercial development ‘greatest potential risk’ in $200B private credit sector: ASIC
Real Estate 2025-09-22 10:58 pm By Cindy Cameronne

An ASIC report into private credit has found that commercial property construction and development presents the “greatest potential risk” of impairment or credit loss, as well as being more likely to involve conflicts of interest and opaque fee arrangements. 

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Construction PRO
Developer sues Maddocks over Toorak penthouse deal with millionaire
Real Estate 2025-09-19 11:20 pm By Cindy Cameronne

Developer Techin MBS has filed a lawsuit against Maddocks, claiming the law firm is liable for negligence if a contract of sale for a penthouse in Toorak with multi-millionaire Scott Shearman is not found to be binding.

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Construction PRO
Asian investor scoops up CBA-anchored Sydney building for $31.3M
Real Estate 2025-09-19 11:38 pm By Cat Fredenburgh

An undisclosed Asian investor has acquired a Commonwealth Bank-anchored property in Sydney’s south-west for $31.3 million.

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Construction PRO
SIXT alleges Darwin Airport acted unconscionably with order to vacate
Real Estate 2025-09-18 11:13 pm By Cat Fredenburgh

German car hire company SIXT has expanded its $1.9 million case against the Darwin International and Alice Springs airports over allegedly unlawful lease agreements, alleging the Darwin airport acting unconscionably and in retaliation by serving it with a notice to vacate the airport site.

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Construction PRO
New freezing orders cover up to $158M in assets of Keystone-linked developer
Restructuring & Insolvency 2025-09-16 11:02 pm By Julia Kanapathippillai

Liquidators of defunct investment firm Keystone Asset Management have won expanded freezing orders to cover property up to $158 million in the name of developer Robert Filippini and family members.

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Construction PRO
High Court won’t hear unreasonable transaction case over Adelaide CBD property mortgage
Restructuring & Insolvency 2025-09-15 11:58 pm By Christine Caulfield

The liquidator of a company created to invest in an Adelaide building has failed in a High Court bid to reinstate a finding that the mortgage over the property was an unreasonable director-related transaction.

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Construction PRO
Real estate lawyers on notice as new guidance drops on climate advice
Real Estate 2025-09-11 11:59 pm By Christine Caulfield

Fresh guidance by the peak legal body in NSW in response to major developments in climate law impacts lawyers advising on real estate deals, who face potential negligence claims for failing to warn clients of the emerging risks.

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Construction PRO
Fortis snaps up Brisbane site for $37.5M for planned residential development
Construction 2025-09-10 11:55 pm By Cat Fredenburgh

Sydney developer Fortis has snapped up a vacant site in Brisbane for $37.5 million for a planned residential development.

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