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Construction PRO
Aldi has entered into a 20-year pre-lease agreement with Charter Hall for a 102,000 square metre temperature controlled warehouse in Tarneit, Victoria, and has extended its tenancy at a distribution facility in Queensland by eight years.
A scathing report has tracked the construction union’s fall from grace under John Setka’s leadership, with Victoria's $100 billion Big Build the backdrop for endemic corruption.
Melbourne Water has won more time to put on its defence in a class action by retirement village residents over the flooding of the Maribyrnong River, as it considers whether to join third parties to the case.
Construction PRO
Real estate investment manager Charter Hall has joined forces with Japan's Mitsubishi Estate Asia to develop a 40,000sqm logistics hub in Melbourne's west.
Construction PRO
A private investor has paid $71 million for a 50 per cent stake in the Sunshine Marketplace shopping centre in Melbourne's west.
Construction PRO
Amid a dispute over a $52 million mixed-use project in Melbourne, builder LU Simon has secured a court's approval to pay the developer cash equivalent to two bank guarantees in exchange for return of the security.
The former president of the Federation of International Polo, who successfully defeated a defamation suit by a prominent polo benefactor, has failed to recover $1.2 million in legal fees paid to a US law firm.
The state of Victoria wants $24 million in security for costs from the applicant in a class action over its COVID-19 hotel quarantine fiasco, citing concerns about recovering costs from the US-based Quinn Emanuel entity that's funding the case.
A barrister who represented her sons in court after being refused a practicing certificate by the Victorian Bar has lost an appeal, with a tribunal disqualifying her from seeking a practicing certificate for four years.
Construction PRO
A 259-hectare greenfield industrial site in Melbourne's north has been sold to Yale Investment Group for $275 million.