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HSF advises EnergyAustralia on Latrobe Valley BESS
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.
Construction PRO
Government commits $2.5B for Brisbane Olympics arena
The Albanese government will allocate $2.5 billion for construction of Brisbane Arena ahead of the 2032 Olympic Games.
Construction PRO
WestConnex class action shaken by internal conflict
A long-running class action against Transport for NSW on behalf of residents displaced by the construction of Sydney's WestConnex tunnel may face further delays after the funder backing the case sued the lead plaintiffs for $1.4 million.
Construction PRO
Strata management firm Netstrata accused of conflicts, secret commissions
An independent report into Netstrata has found numerous alleged conflicts of interest and accuses the strata management company of a failure to disclose commissions from contractors.
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Steller Developments liquidator loses $102M suit against ex-directors
Collapsed Melbourne developer Steller has failed to convince a court that its founders and two former directors owe $101.9 million, with a judge rejecting claims that they personally guaranteed the company’s debt.
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AirServices can’t get separate hearing in airport lease fight over PFAS
A judge has rejected AirServices bid for a separate hearing on whether it was required to manage environmental issues outside of its leased site at the Launceston Airport in Tasmania.
Construction PRO
Pipeline acquired by Conexa in $74.7M deal is taxable ‘land’: appeals court
An appeals court has found water infrastructure investor Conexa liable to pay land duty on a $46 million Sydney pipeline it acquired as part of a blockbuster deal with Rosehill.
Construction PRO
Developers’ email agreement on $1.3M loan not binding: appeals court
An appeals court has tossed a challenge to a judge's decision that found a property developer was required to return a $1.3 million loan, despite finding the judge erred in holding enforceable an agreement reached over email.
Construction PRO
Merivale plans ‘landmark destination’ for car park in Melbourne’s CBD
Melbourne City Council has approved the sale of an eight-storey car park on Little Collins Street to Merivale, which wants to convert the site into a hospitality hub.
Construction PRO
East Warrnambool Shopping Centre sells for $20M in off-market deal
ASX-listed Region Group has sold East Warrnambool Shopping Centre in Victoria for over $20 million in an off-market sale, underscoring investor interest in retail assets.