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Property group AVJennings has accepted a trimmed $365 million takeover offer from private equity-backed AVID Property after failing to receive a binding offer from Singaporean developer Ho Bee Land.
Repped by KWM, Daibiru picks up Sydney office tower from Investa
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Japanese property group Daibiru Corporation has made its second investment in Sydney, acquiring a CBD office tower from real estate investment manager Investa.
Council can intervene in dispute over $30M Hills of Gold wind farm
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Tamworth Regional Council has won its bid to be joined to an environmental group’s appeal of the approval for the controversial Hills of Gold wind farm.
Victoria’s Commonwealth Games plan a ‘hasty political decison’: report
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An inquiry into Victoria’s 2026 Commonwealth Games bid has found the former Andrews government did not do its due diligence when it proposed to host the event across multiple regional cities.
VCAT throws shade on council’s permit rejection for Fitzroy development
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VCAT has granted a planning permit to a developer whose eight-storey residential development in Fiztroy was opposed by the local council over concerns about sunlight.
Public housing authority cites ‘limited resources’ in class action defence
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Western Australia and its public housing landlord have hit back at a class action alleging Indigenous people in remote communities were overcharged for substandard public housing.
Federal judge may be called as witness as Ben Roberts-Smith seeks retrial
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A Federal Court judge might be called as a witness in accused war criminal Ben Roberts-Smith’s bid for a retrial in his failed defamation case against Nine.
Sacked Cushman & Wakefield managing director sues to keep sign-on bonus
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A former Cushman & Wakefield managing director has sued the commercial real estate broker, alleging he was unfairly terminated to prevent him from keeping a $1.5 million sign-on bonus.
Court tosses Clive Palmer’s suits against ex-ASIC chair James Shipton
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A judge has thrown out Clive Palmer’s lawsuits against former Australian Securities and Investments Commission chair James Shipton after finding the claims had no reasonable prospects of success.
ASIC, Reserve Bank have ‘deep concerns’ about ASX after CHESS outage
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ASX’s management of operational risk that led to December’s CHESS settlement outage has the corporate regulator and the Reserve Bank “increasingly concerned” and “deeply disappointed”.