Region

Centuria Capital Group has divested an office block in Sydney’s southern suburbs for $116 million after holding it for nine years.

A judge has approved a bid to discontinue a class action against Apple over updates that allegedly “throttled” the performance of iPhones, after the lawyers running the case failed to secure litigation funding.

The University of Newcastle has been hit with a class action alleging students were misled into studying an engineering degree that lacked professional accreditation and left them unable to apply for employment.

ASX-listed Investment manager Regal Partners has acquired 50 per cent of real estate investment platform Ark Capital Partners, as well as a five-star luxury hotel in Adelaide for $75 million. 

Fawkner Property Group has acquired a shopping centre in Far North Queensland for $34 million, its third recent shopping centre purchase in the region.

Thomson Geer has snagged two workplace relations partners and their 15-person team from Holding Redlich for its Brisbane office.

Design firm HUB Interiors has sued the owner of Perth's Eastpoint Plaza, alleging that its copyrighted office designs were passed on to other builders without its permission. 

A judge has OK'd a settlement in a class action against Treasury Wine Estates, along with $27 million in fees charged by Maurice Blackburn and Slater & Gordon, after initially questioning the difference between the firms' rates.

The South Australian government has opened the sales process for the struggling Whyalla Steelworks, saying potential buyers had already shown strong interest.

An Acciona unit has sued Dual Australia, claiming the insurer is on the hook for $3 million in remediation for alleged design defects by a subcontractor on a Fulton Hogan quarry in Victoria.