Real Estate

Frasers Property Industrial and Morgan Stanley Real Estate Investing have established a 50-50 joint industrial property venture in Australia valued at $600 million.

Property developer HYG has been given the green light by a court to build the next stage of a masterplanned community in Western Sydney.

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".

Clayton Utz has become the latest tenant in a new commercial precinct under development in Canberra's CBD.

Sydney City Council has been ordered by a court to produce documents in a legal battle with a property developer seeking to convert a Paddington boarding house into luxury residences.

Herberts Smith Freehills has bolstered its real estate group, snagging a Corrs Chambers Westgarth partner with expertise in complex real estate transactions.

An appeals court has rejected Dexus' challenge to a finding that it must sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail, saying its arguments contradicted the “evident commercial purpose” of the contracts at issue.

A judge has allowed Perth Airport to amend its case against sublessee Airservices over alleged groundwater contamination from the use of firefighting foam, finding that allowing the airport to describe PFAS chemicals as "potentially toxic" would not render the case ambiguous.

Mills Oakley has hired two new partners for its financial services and national property teams.

Muffin Break franchisor Foodco has defeated a franchisee's challenge to a ruling that put it on the hook for money owed under a rental agreement after the lease for the store at the Bayside Shopping Centre in Frankston was not renewed.