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Construction PRO
$40M suit against real estate investors spiked amid HK criminal case
Lawsuits against a Chinese real estate investor and his mother involving transactions linked to Sam Fayad's Dyldam Group have been paused pending criminal proceedings against the pair in Hong Kong.
Construction PRO
Australia’s office market ‘in growth mode’, new report says
A report released by real estate asset manager Dexus suggests Australia's office market growth is on the upswing after years of stagnation.
Construction PRO
Coles supermarket lease plans in WA to face in-depth scrutiny
Coles Group's proposed leasehold acquisition of a Kalgoorlie supermarket and liquor store site needs further review, the competition regulator said Thursday.
Construction PRO
Court finds ‘brazen dishonesty’ in $45M property sale
A judge has called the conduct of the director of property group Vantager “breathtaking” in its “brazen dishonesty” after he misappropriated $33 million from a $45 million property sale with the help from his accountant.
Construction PRO
Lendlease to partner with C Capital on $4.5B logistics site
Hong Kong-based investment firm C Capital has enlisted Lendlease to help with the development of a major logistics precinct in Victoria expected to be worth $4.5 billion upon completion.
Construction PRO
Four Sydney venues owned by bankrupt pub baron Jon Adgemis sold
Four Sydney venues owned by Jon Adgemis, including the South Bondi Hotel, have sold shortly after being listed, following a declaration that the former KPMG partner-turned-hospitality-mogul is bankrupt.
Construction PRO
Lavan moves to new offices in Perth’s Elizabeth Quay
Perth law firm Lavan has moved its offices to a newly-built high rise in Elizabeth Quay, joining high-profile tenants, including Multiplex, at the prime waterfront site.
Construction PRO
Ho Bee Land buys Queensland development site for $318.5M
A subsidiary of Singapore-based developer Ho Bee Land has purchased a 181-hectare master-planned site at Elimbah, Queensland, from a Goldfields-led syndicate for $318 million.
Construction PRO
Maddocks follows other firms to ‘future forward’ Sydney tower
Maddocks has relocated to a newly designed office in Sydney’s first skyscraper, the latest law firm to make the move to the "future-forward" tower in recent months.
Construction PRO
Centuria Capital pays $86M for Victorian shopping centre
Centuria Capital has scooped up a Chadstone shopping centre anchored by Bunnings, the Good Guys and JB Hi-Fi for $86 million.