Hong Kong’s Link REIT has reportedly made an offer for a half interest in several shopping centres in Lendlease’s retail property fund.
Russia has lost its High Court challenge to the federal government’s decision to terminate its lease on a site where it intended to build a new embassy in Canberra, but the court found the Commonwealth must pay the country reasonable compensation.
After selling his $26 million Rose Bay mansion to AsheMorgan principal Michael Rothner in 2023, options trader David Waterhouse has levied allegations of “deliberate bad faith conduct”, on the first day of trial in a case over the mysterious removal of trees on a neighbouring property.
A judge who previously questioned why Geocon’s $4 million construction dispute over two Canberra developments was in the Federal Court has said he will continue to hear the case.
A Sydney developer has won a dispute with the Inner West Council over its Annandale housing project application, despite a court finding it would cause a loss of affordable housing.
Cromwell Property Group will acquire a 20 per cent stake in Straits Real Estate’s $470 million Australian industrial portfolio.
In a show of the office market’s recovery, GPT Group has reportedly sold 750 Collins Street in Melbourne’s Docklands to a private buyer for $383 million.
The government of Western Australia will not move forward with a planned $1.6 billion redevelopment of the Perth Convention and Exhibition Centre but will instead divert most of its $1.6 billion investment to a hospital infrastructure fund.
Real estate investment fund manager ISPT has sold an 11-storey A-Grade office tower in Parramatta’s CBD for $82 million.
Developer Villawood wants to add its director’s three daughters to its case over an alleged “dishonest and fraudulent design” to divert valuable management fees for a project in Wallan, Victoria to the director’s family company.