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Construction PRO
JDA Hotels scoops up landmark Crystal Palace Hotel
Sydney's landmark Crystal Palace Hotel has been sold after 45 years to Feros family-owned JDA Hotels.
Construction PRO
Self-storage REIT acquires stake in Abacus Storage
Self-storage investor National Storage REIT has acquired a stake in rival Abacus Storage Kings, which is currently mulling a $1.9 billion takeover offer from a rival.
Construction PRO
ATO wins round in case against ex-EY partner over tax scheme for property developer
WhatsApp messages are allowed in as evidence in the ATO's case against an ex-EY partner over an alleged tax exploitation scheme for clients that included developer Novce Grujoski.
Construction PRO
Amcor takes long-running remediation fight with Glenvill to High Court
The High Court has been asked to weigh in on when a court should step in when the machinery governing the entitlement to payments in a contract breaks down, in a dispute between luxury home builder Glenvill and Amcor over asbestos remediation at an industrial site in the Melbourne suburb of Alphington.
WhatsApp messages in as tendency evidence in ATO case against ex-EY partner
A judge has ruled WhatsApp messages are admissible as tendency evidence in the ATO's case against an ex-EY partner over an alleged tax exploitation scheme.
Construction PRO
Region Group offloads Sydney shopping centre for $76M
Retail property investor Region Group has sold the Greystanes Shopping Centre in western Sydney for $76 million.
Construction PRO
Frasers Property in $600M logistics JV with Morgan Stanley’s real estate investment arm
Frasers Property Industrial and Morgan Stanley Real Estate Investing have established a 50-50 joint industrial property venture in Australia valued at $600 million.
Construction PRO
HYG wins approval for masterplanned community in Western Sydney
Property developer HYG has been given the green light by a court to build the next stage of a masterplanned community in Western Sydney.
Construction PRO
Dexus sues SA’s flagship medical institute over unsigned 30-year leases
Real estate landlord Dexus is suing South Australia's medical research insitute for failing to execute on 30-year leases to occupy Adelaide's Australian Bragg Centre, despite "repeated demands".