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Sydney law firm must pay $427,000 in negligence suit over land sale
Real Estate 2025-05-29 11:52 pm By Cindy Cameronne

A judge has ordered a Sydney law firm to pay $427,000 to a former client after finding it drafted a defective notice in a land sale and defended proceedings that came about because of its own negligence.

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Construction PRO
REA Group probe confirmed by competition watchdog
Real Estate 2025-05-29 11:18 pm By Christine Caulfield

The ACCC has confirmed it is investigating real estate listings giant REA Group, saying it was concerned to ensure “strong competition” in the real estate industry.

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Construction PRO
High Court asked to find mortgage was unreasonable director-related transaction
Appeals 2025-05-29 11:43 pm By Andy Sidler

The liquidators of a company created to invest in a $2.2 million Adelaide property have asked the High Court to reinstate a judgment that found a mortgage that sent the company into liquidation was an unreasonable director-related transaction and could be voided. 

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Charter Hall secures major tenants for $850M logistics hub
Real Estate 2025-05-29 11:19 pm By Julia Kanapathippillai

Real estate fund manager Charter Hall has secured leases for 90 per cent of its $850 million Light Horse logistics hub in Eastern Creek, Western Sydney.

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Construction PRO
Byron Bay’s The Beach Hotel sells for near record $140M
Hospitality 2025-05-28 11:14 pm By Cat Fredenburgh

The Beach Hotel in Byron Bay has reportedly changed hands for $140 million — the second highest price paid for an Australian pub.

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Construction PRO
Surfers Paradise’s Cavill Lane sells to investment firms for $31M
Real Estate 2025-05-28 11:23 pm By Julia Kanapathippillai

Surfers Paradise’s Cavill Lane retail precinct has been sold for $31 million to investment management companies Boston Global and The Property Factory.

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Construction PRO
For Sydney corporate tenants, prime views come with high price tag
Real Estate 2025-05-27 11:47 pm By Cat Fredenburgh

Companies can expect to pay 60 per cent more to rent out floors with views in Sydney’s premium office towers, according to a report by commercial real estate broker CBRE.

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REA Group probed by ACCC over subscriptions for real estate agents
Real Estate 2025-05-27 11:57 pm By Christine Caulfield

Real estate listings giant REA Group faces questions by the Australian Competition and Consumer Commission over its subscription offerings.

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Construction PRO
Developer wins appeal over deal for NDIS housing
Appeals 2025-05-27 11:34 pm By Sam Matthews

Developer Thousand Hills Property has won an appeal in its fight with LBA Capital over a scuttled property deal for NDIS housing, with an appeals court accepting that LBA repudiated the deal in an email sent by its former director.

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Construction PRO
Seizing on ‘Olympic effect’, Centuria sells Queensland properties for $60M
Real Estate 2025-05-27 11:50 pm By Christine Caulfield

Real estate funds manager Centuria Capital Group has taken advantage of surging investment demand, selling three industrial assets in southern Queensland for an average sales premium of 25 per cent.

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