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Construction PRO
Shopping centre giant Scentre Group has plans to expand into the lucrative residential market, capitalising on its significant landholdings to supply over 16,000 apartments at several Westfield locations.
Latitude Group says it will defend a "fundamentally flawed" class action over an allegedly misleading interest-free ad promotion by Harvey Norman that required customers to apply for a Latitude GO credit card.
Construction PRO
In a sign of recovery for Melbourne's commercial property market, developer Bill McNee's Vicland has sold St Germain in Toorak to Spotlight Property Group.
Harvey Norman is facing a class action over 'interest-free' ads which the Federal Court has found were misleading.
Another Coles manager has faced questioning in a case alleging the supermarket giant's 'Down Down' campaign was illusory, admitting the "only reason" for a four-week price jump on quince paste was to enable a discount.
Construction PRO
Charter Hall Group's retail fund has grown to $3 billion after picking up three east coast shopping centres for $360 million, in a sign of the robustness of the sector.
Construction PRO
A Mitre 10 franchisee, who has accused Bunnings Warehouse of misusing its market power, wants an order from the court shielding it from any adverse costs orders in its David and Goliath battle.
Construction PRO
ASX-listed Vicinity Centres has secured full ownership of Uptown Shopping Centre in Brisbane's CBD after agreeing to purchase IFM Investor's 75 per cent stake for $212 million.
A Mitre 10 franchisee, who has accused Bunnings Warehouse of misusing its market power, wants an order from the court shielding it from any adverse costs orders in its David and Goliath battle.
Construction PRO
Aldi has entered into a 20-year pre-lease agreement with Charter Hall for a 102,000 square metre temperature controlled warehouse in Tarneit, Victoria, and has extended its tenancy at a distribution facility in Queensland by eight years.