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A unit of Singapore developer Stamford Land Corporation has sued Parkview Constructions over alleged defects in a 700-apartment development in Sydney’s Macquarie Park.
Oreana acquires Stockland’s Townsville community development
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Property developer Oreana has added to its Queensland property portfolio, acquiring a 900-hectare masterplanned community from Stockland.
Zenith in $1.9B refinancing deal to support green energy projects
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Zenith Energy has signed a $1.9 billion refinancing, in a deal that also provides the remote off-grid power generation company with $1 billion in growth capital to support new projects.
Veolia wins tender to build $850M Canberra recycling facility
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French waste management company Veolia has signed onto a 20-year project to build and operate a recycling facility in Canberra that will process 1.3 million tonnes of household recycling.
Munich Re can bring fresh claims in $700M case against AMP
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Munich Reinsurance has been given the OK to bring additional claims in its $696 million lawsuit, which accuses AMP of misleading or deceptive conduct over a quota share agreement.
Government grants exploration licence for NSW wind farm
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The Albanese government has granted a feasibility licence to a partnership between Equinor and Oceanex Energy to explore offshore in northern NSW for a planned wind farm project.
Lundbeck, Sandoz end long-running Lexapro patent war
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Pharmaceutical giant Lundbeck has resolved its battle with Novartis unit Sandoz over top-selling drug Lexapro, a battle that has raged for years and across multiple courts.
Tasmanian group fails to block wharf for Robbins Island wind farm
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A Tasmanian community group has lost its challenge to a decision approving the construction of a wharf to facilitate the transport of hundreds of 86 metre-long wind turbine blades for a controversial wind project on Robbins Island.
Canberra developer Geocon files appeal over GST on $113M development
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Canberra developer Geocon has filed a legal challenge seeking a tax refund on sales from a development for 360 residential units.
HSF advises EnergyAustralia on Latrobe Valley BESS
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Herbert Smith Freehills has helped EnergyAustralia secure financing for its Wooreen Energy Storage System project, paving the way for construction on the Latrobe Valley BESS.