Construction PRO

The Albanaese government has announced it will ban foreign investors from buying established homes for two years and also take steps to crack down on land banking.

The developer of a suite of Holiday Inn Express hotels has succeeded in its appeal of a ruling that laid bare privileged material connected to its lawyers' bills.

Lendlease has resolved its challenge to a valuation for the site of its $3.1 billion luxury development One Circular Quay, located between the Harbour Bridge and the Sydney Opera House. 

BESIX Watpac and Frasers Property are fighting claims they are liable for defects in two residential complexes in the Sydney suburb of Chippendale, including the $2 billion One Central Park towers.

Lendlease has abandoned its bid to purchase a parcel of land owned by one of Australia’s oldest families for well below market value as part of its project to develop 6,700 homes in Campbelltown, Sydney.

Property developer Investa and The Salvation Army have partnered to develop a $230 million 'Studio Living' apartment building in Sydney's CBD.

A court has granted a rare stay over a judgment debt to the developer of a Taringa Coles shopping centre, finding if final judgment comes down in its favour, financially troubled builder Kenik may not be able to repay the funds. 

Real estate funds manager Centuria Capital Group has acquired  Logan Super Centre in Brisbane, hosting big ticket tenants including Freedom, Fantastic Furniture, Spotlight and Anconda. 

Major developer Stockland has filed proceedings against Probuild Constructions over alleged faulty works completed on a stormwater system in a Rockingham shopping centre.

ASX-listed property investment group Desane has secured a $4.5 million lease extension with the Brisbane City Council.