Construction PRO

US-based investment firm Carlyle has announced the launch of a clean energy infrastructure platform for the development of solar, battery storage and green hydrogen projects in Australia and the UK. 

Liquidators of the ABD Group of construction companies have won a brief reprieve from the three-year limitation period to launch voidable transaction cases worth up to $23.2 million.

A NSW Supreme Court judge has stayed civil proceedings relating to asbestos-contaminated mulch found in parks across Sydney amid ongoing criminal proceedings.

Building materials giant Boral has acquired the Wallan Concrete plant 45km north of Melbourne's CBD for an undisclosed sum, two months after its purchase of a Victorian sand producer.

The liquidators for defunct Perth builder Modco Residential have won court approval to bring claims for unfair preferences and unreasonable director-related transactions against multiple defendants in one "mothership" case.

A judge has rejected Parkview Constructions' bid to tweak its cross-claims in a lawsuit over alleged combustible cladding at the Australia Towers in Sydney Olympic Park. 

AkzoNobel has had some success in its late bid to have Japanese oil company INPEX produce documents filed in related proceedings against its insurers in their dispute over allegedly defective coating used on the $45 billion Ichthys natural gas project.

Property management company GPT group and Canadian-owned QuadReal property group have announced a $1 billion logistics joint venture.

The New South Wales Supreme Court of Appeal has clarified that payment claims and adjudication notices sent via email can constitute service and trigger relevant limitation periods under the Security of Payment Act. 

Property fund manager CorVal has sold off the balance of the Gold Coast Corporate Centre in Bundall for $109 million, in the city's largest ever office deal.