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Construction PRO
Goodman Group seeks to raise $4.4B to fund investment in data centres
Property developer Goodman Group is seeking to raise $4.4 billion to fund its investments in data centres, as demand increases from the expanded use of cloud computing and artificial intelligence.
Construction PRO
Clydesdale Estate liquidator can’t disclaim off-plan property contracts
Class action members who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney have won a dispute with the liquidator for the collapsed developer.
Construction PRO
Hynash loses set-off argument in challenge to subcontractor’s pay claim
Civil construction company Hynash has lost an appeal bid after a judgment put it on the hook for the full sum of a payment claim lodged by a subcontractor following the termination of a contract linked to a Bathurst, NSW project.
Construction PRO
Infrastructure pro appointed to helm Snowy 2.0 hydro project
An infrastructure pro with 30 years of experience has been selected to lead the government's $12 billion renewables project Snowy 2.0.
Construction PRO
NSW government flexes new fast-track authority, approves 11 new developments
A newly created NSW authority tasked with speeding housing developments has selected eleven developments promising 6,400 new homes for fast-track approval.
Construction PRO
Meriton faces $123M claim over Sydney North Shore apartments
Owners at the Alcove development in Sydney’s North Shore have been given the green light to expand their case against the Meriton-owned builders to claim $123 million in damages for alleged systemic defects. 
Construction PRO
Mirvac wins dispute over licence for Birkenhead luxury outlet shop
Property developer Mirvac has won a $220,000 dispute against designer outlet store Estro over unpaid licence fees and charges under a commercial lease for a store at Sydney’s Birkenhead Point.
Construction PRO
Nick Andrianakos picks up $385M stake in Northland shopping centre
Billionaire petroleum tycoon turned property investor Nick Andrianakos has scooped up a half share in Melbourne's Northland shopping centre for $385 million.
Construction PRO
Favouring ‘light touch’, judge stays suit against Esso, Woodside over Bass Strait royalties
Gas giants Esso and Woodside have won their bid to stay a court case related to a project for extracting hydrocarbons in the Bass Strait, with a judge finding the court should apply a 'light touch' when interpreting arbitration agreements.
Construction PRO
Development manager behind $2.7B STH BNK project owes $100M
The development management company behind the $2.7 billion STH BNK project, which was placed in administration last week, owes creditors -- including lawyers, consultants and designers -- over $100 million.