Gateway Capital has acquired a warehouse in Sydney’s Eastern Creek from private equity firm Blackstone for $75 million as part its plan to build a $800 million industrial and logistics portfolio.
A judge has approved a 35 per cent group costs order in a shareholder class action against WiseTech, but said the relatively high rate could be revisited by the court at a later stage in the case.
A court has ordered a stay of proceedings in a Melbourne property dispute, saying whether it could hear the case “better” than VCAT, as alleged by builder Brocon, was not the point.
On the first day of trial, a court has heard a class action over alleged negligent management of water flowing through the Murray Darling system is a “world away” from a climate change class action that recently failed at trial.
Law firm HWL Ebsworth, which was found liable for negligence over advice on a Parramatta land development, has lost its opposition to a referee process for calculating damages.
Parkview Constructions is looking to settle a second case over alleged combustible cladding at Australia Towers in Sydney Olympic Park.
A prominent Perth property developer who claims he was defamed by two WAToday articles has lost his bid to plead the existence of a conspiracy between publisher Fairfax and others, including Liberal MP Andrew Hastie and the former leader of the WA Liberals.
Gold exploration company Zuleika Gold has to produce a draft technical report to Vango Mining as it seeks “significant damages’ over a repudiated joint venture agreement, with a judge finding an affidavit from its solicitor put the report squarely in issue.
Energy giant Santos has won a dispute over its Gladstone LNG project, described by a court as “litigation on a monumental scale”, securing a $692 million judgment against engineering firm Fluor with the help of four silks.
Developer Goldfields Group has purchased the Quality Resort in Western Australia’s Sorrento Beach in a $31 million off-market sale.