Sydney Fish Market operator loses bid for stash of docs on new development
After describing the $836 million project for a new Sydney Fish Market as “an architecturally designed death knell to the NSW seafood industry”, the market operator has mostly lost its application to make Infrastructure NSW hand over 100 project documents.
Clough’s $54M cross-claim stayed in feud with JV partner over EnergyConnect project
A judge has stayed engineering firm Clough’s $54 million cross-claim against its former joint venture partner on the EnergyConnect transmission project, Elecnor, saying the claim must be sent to arbitration.
Brookfield sells down stake in Dalrymple Bay Infrastructure
Brookfield has shed 23.2 per cent of the stapled securities in major coal exporter Dalrymple Bay Infrastructure, but remains the major shareholder, retaining a 26.25 per cent interest in the venture.
Non-bank lenders may soon play $90B role in real estate funding
Private credit supporting Australian real estate could grow by 80 per cent over the next five years, largely fueled by increased residential development lending, according to forecasting by CBRE.
Roberts Co picked for Macquarie Steet hotel revamp
While parts of the business have been placed in administration, Roberts Co has been selected as development manager and early contractor for a project on Sydney's Macquarie Street.
Judge says after-hours payment claim served on Roberts Co valid
Roberts Co will have to pay a $3.2 million payment claim served by subcontractor Sharvain Facades at 7:18pm on a Friday, after a judge found the claim was validly issued that day.
Kaloriziko $2M debt for Ryde development not offset by property deal, court finds
A judge has rejected developer Kaloriziko's claim that a property deal involving related parties extinguished a $2.12 million liability to a builder in relation to the construction of the 'Sky Gardens' residential development in Ryde, NSW.
Court dismisses ‘exaggerated’ height concerns on 5Point’s Gold Coast development
A judge has confirmed that 5Point, the developer of a beach-front apartment complex in Palm Beach, can add an additional two storeys to the tower,…
Ashurst nabs Baker McKenzie partner for projects & energy transition team
Ashurst has lured a Baker McKenzie partner to join its projects and energy transition practice in Melbourne. Aylin Cunsolo joins the firm after 17 years…
MinterEllison advises Johns Lyng on Pacific Equity Partners’ buyout offer
Johns Lyng Group confirmed Wednesday it had received a takeover offer from Pacific Equity Partners for an undisclosed sum and has granted the private equity firm an exclusivity period to undergo due diligence.
Soul Patts, Brickworks merger shows capital markets ‘open and willing’, says KWM chair
Ashurst and King & Wood Mallesons are working behind the scenes on the proposed union of long-time partners Brickworks and investment house Washington H. Soul Pattinson, a merger that shows capital markets are ready to back big deals, one lead lawyer says.
Suitors pursue Fletcher Building’s construction business
Fletcher Building has confirmed it has received inquiries from prospective buyers of its businesses, including its construction division.
EVT puts Sydney CBD entertainment complex up for sale
Entertainment giant EVT has put its landmark Sydney CBD Event Cinemas complex on the market.
CBRE to acquire commercial real estate agency Burgess Rawson
Multinational real estate services and investment giant CBRE will acquire privately-owned commercial real estate agency Burgess Rawson.
Centennial acquires Adelaide office tower for $50.5M
Property investment manager and developer Centennial has scooped up an A-grade office tower in Adelaide's Pirie Street precinct for $50.5 million.
National Storage REIT, partner to invest $228M in six self-storage sites
The National Storage REIT will continue its partnership with Singaporean sovereign wealth fund GIC to invest in a second round of development assets, the ASX-listed trust said Wednesday.
Government takes steps to advance two WA wind farms
The federal government has taken steps towards granting feasibility licenses for two offshore wind farm projects in Western Australia.
High Court sides with Valuer-General over St Kilda Rd heritage property
The Valuer-General of Victoria has won a High Court appeal against developer WSTI Properties over a $2.9 million valuation for a heritage property in Melbourne, which centred on the meaning of an “improvement” to the land.
Ex-Turner Freeman client wants to appeal failed case over property dispute
A former Turner Freeman client is seeking to appeal a District Court decision summarily dismissing his professional negligence case against the firm and a silk over a dispute with an owners corporation.
Challenge to Woodside’s $16B Scarborough gas project in public interest, court says
Recovery of legal costs has been capped in a case over Woodside’s $16.5 billion Scarborough gas venture that will give the Federal Court the first chance to weigh whether an environment plan complies with the law.
Lendlease reaches settlement in ‘tax dodge’ suit by ex-Greenwoods partner
Lendlease and Greenwoods & Herbert Smith Freehills have resolved a lawsuit by a former partner that alleged he was effectively fired for complaints about the builder's "aggressive taxation position".
WNA Construction loses appeal over payment claim sent by email
An appeals court has upheld a finding that a payment claim sent by email is payable by WNA Construction, finding the builder had not established that the email address was not valid or that the claim was "confusing".
Anglican church loses challenge to Lion’s brewery storage tanks
The Anglican Church's Brisbane diocese can't block the installation of ethanol tanks at a brewery adjoining the Francis Theological college, with a judge finding no "unacceptable risk” of explosion.
High Court urged to take up challenge to security interest over power plant
Collapsed gold mine owner Kirkalocka has brought a High Court challenge in a dispute with energy company Zenith over the ownership of a power plant in WA, saying the case raises important issues about the operation of security interests.
No ‘screaming urgency’ in legal challenge to Woodside’s North Shelf extension, court told
The environment minister has argued there is no “screaming urgency” in hearing a traditional custodian’s legal challenge to Woodside’s bid to extend its North West Shelf gas project by 40 years.
