Queensland

Sentinel Property Group has purchased its most expensive office asset since its establishment, paying $132 million for a fully-leased office building in the heart of Brisbane's Olympics precinct.

A court has appointed provisional liquidators to Melbourne developer Lion Property Group after hearing that $120 million of investor money was not properly accounted for.

Consolidated Properties Group has acquired the last remaining riverfront development site in the Brisbane suburb of Newstead for $64.5 million from Mirvac Group.

Jones Day has lured a real estate expert from Clayton Utz to join its Brisbane office as a partner.

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

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

Pub owner O’Hara Hotel Group has sold the Parkurst Tavern in Rockhampton to a privately owned Queensland pub group for a reported price of $24 million.

Danish renewables company European Energy has closed a $130 million financing package for two solar projects in Victoria and NSW.

The purported purchaser of two off-the-plan penthouses in a Newstead high-rise has won his suit against the developer, who sold the apartments to someone else for more than double the contract price.

A Queensland tribunal has refused to set aside a costs agreement between Shine Lawyers and a former client, despite invoices blowing out to more than six times the original estimate, finding the matter had already been dealt with in a costs assessment.