Investment firm Alceon and retail consultancy Aktiv have acquired major Gold Coast shopping centre The Strand Coolongatta for $142 million, with plans to upgrade the site.
Legal experts say climate-related litigation will continue — and even increase — despite a judge’s dismissal this week of a class action by Torres Strait Islanders alleging the government was negligent in failing to protect them from the harmful effects of climate change.
A unit of developer Dennis Family Corporation has been hit with a class action by buyers of apartments in a Brisbane estate who claim their contracts were wrongly terminated when neighbouring property values soared.
Developer CIP Group is fighting opposition to its bid to amend its claims in oppression proceedings brought against entities associated with a 600-lot environmentally friendly residential development in a Brisbane suburb.
A tribunal has recommended a solicitor who continued to advertise his legal services on social media after his practising certificate was revoked should be struck off the roll.
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.