The Land and Environment Court has been persuaded to approve a $30 million mixed-use development in central Rockdale, after initially rejecting the proposal.
A judge has warned the lawyers for the owners of the City Mutual Building in Sydney’s CBD about failing to comply with court directions, saying their “inexcusable” delay in providing evidence could not be forgiven just because it was a compulsory acquisition matter.
Investment fund Gateway Capital has partnered with two overseas funds to acquire the Connect Central logistics centre in western Sydney, purchasing the property from Brookfield for $330 million.
Civil construction company Hynash has lost an appeal bid after a judgment put it on the hook for the full sum of a payment claim lodged by a subcontractor following the termination of a contract linked to a Bathurst, NSW project.
A newly created NSW authority tasked with speeding housing developments has selected eleven developments promising 6,400 new homes for fast-track approval.
Owners at the Alcove development in Sydney’s North Shore have been given the green light to expand their case against the Meriton-owned builders to claim $123 million in damages for alleged systemic defects.
Property developer Mirvac has won a $220,000 dispute against designer outlet store Estro over unpaid licence fees and charges under a commercial lease for a store at Sydney’s Birkenhead Point.
Lendlease has resolved its challenge to a valuation for the site of its $3.1 billion luxury development One Circular Quay, located between the Harbour Bridge and the Sydney Opera House.
BESIX Watpac and Frasers Property are fighting claims they are liable for defects in two residential complexes in the Sydney suburb of Chippendale, including the $2 billion One Central Park towers.
New rules requiring strata managers to disclose conflicts of interests and kickbacks to owners have come into effect in New South Wales.