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Brookfield scoops up 19.9% interest in Cromwell Property Group
Real Estate 2025-07-21 11:55 pm By Cat Fredenburgh

Brookfield has scooped up a 19.9 per cent stake in real estate investment manager Cromwell Property Group.

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Construction PRO
$800M investment in Aliro Group’s industrial vehicle by Canada pension fund
Real Estate 2025-07-21 11:26 pm By Christine Caulfield

Joining CBRE Investment Management in fast-tracking developer Aliro Group’s flagship industrial vehicle, Canadian super fund PSP Investments has committed up to $800 million for investment.

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Construction PRO
Abacus Storage grants due diligence to consortium behind $2.2B takeover offer
Real Estate 2025-07-21 12:59 pm By Cat Fredenburgh

Abacus Storage Kings will open its books for a consortium of Ki Corporation and New York Stock Exchange-listed Public Storage, which lobbed a $2.2 billion takeover offer last week.

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Class action alleges developer backed out of sales after market spiked
Class Actions 2025-07-17 11:58 pm By Andy Sidler

Developer Dennis Family Corporation has been hit with class action by purchasers of apartment units in Brisbane who allege their contracts were wrongly terminated after the market value of neighbouring properties soared by 40 per cent. 

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Construction PRO
Alceon picks up Gold Coast shopping centre for $142M
Real Estate 2025-07-18 11:10 pm By Julia Kanapathippillai

Investment firm Alceon and retail consultancy Aktiv have acquired major Gold Coast shopping centre The Strand Coolongatta for $142 million, with plans to upgrade the site.

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Construction PRO
Frasers exits ‘challenging’ Melbourne CBD market with $195M office tower sale
Real Estate 2025-07-18 11:50 pm By Christine Caulfield

Singapore-based real estate investment manager Frasers has offloaded an office tower on Melbourne’s Collins Street for $195 million in a strategic exit from the city’s “challenging” office sector.

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Construction PRO
Dennis unit faces class action by buyers of Brisbane’s Summerlin Parklands apartments
Real Estate 2025-07-17 11:04 pm By Andy Sidler

A unit of developer Dennis Family Corporation has been hit with a class action by buyers of apartments in a Brisbane estate who claim their contracts were wrongly terminated when neighbouring property values soared.

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Construction PRO
CIP Group seeks to amend case over $30M Brisbane development
Construction 2025-07-17 11:58 pm By Andy Sidler

Developer CIP Group is fighting opposition to its bid to amend its claims in oppression proceedings brought against entities associated with a 600-lot environmentally friendly residential development in a Brisbane suburb.

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Construction PRO
Clifford Chance launches construction team in Australia
Construction 2025-07-17 11:58 pm By Julia Kanapathippillai

Global law firm Clifford Chance has launched a construction practice in Australia after nabbing a special council from Pinsent Masons to lead the group.

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Construction PRO
Lendlease secures land for $2.5B luxury residential development
Construction 2025-07-16 11:05 pm By Sam Matthews

Lendlease has announced its plan for a luxury apartment complex in Sydney, expected to reach an end value of $2.5 billion, after securing land overlooking Hyde Park.

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