Real Estate

Superannuation fund Australian Retirement Trust has acquired a 48.5 per cent interest in Mirvac's $1.7 billion build-to-rent fund.

A judge has recused herself from a case by liquidators for real estate investment firm Global Capital Property Fund against Point Bay Developments, after hearing the corporate regulator's application to wind up the fund.

The liquidators of Falcon Capital, which is suspected of having misused $450 million in investor funds, have sued a Melbourne property developer, claiming he knowingly assisted Falcon to loan millions in trust money in a “dishonest and fraudulent design”. 

The ACCC has given Coles the green light to acquire two leasehold interests to launch new supermarkets in Melbourne's rapidly developing west after the supermarket giant agreed to divest its ownership and interest in its Kororoit Town Centre site.

The liquidators of a defunct developer FSM have lost their bid to access unredacted copies of emails between Ray White Capital and King & Wood Mallesons.

The publisher of The Australian has hit back at a defamation case by a former JLL executive, saying it was substantially true that he fondled a drunk junior female colleague's breast at a strip club. 

Centuria Office REIT has sold an office building in Chatswood, NSW for $90 million to a private investor.

A judge has rejected a bid by the director and general manager of an aluminium windows and doors company to set off a $2.6 million loss from a Spring Square project against a $2.8 million liability.

The lead plaintiffs in a class action over the compulsory acquisition of land for the WestConnex road project will press on with a bid to discontinue the case, telling a judge they have exhausted all options for funding.

An investment company which retained Hall & Wilcox to advise on the sale of a Mornington Peninsula shopping centre has sued the law firm for millions, alleging due diligence failures in relation to asbestos at the property.