Construction PRO

Troubled casino giant Start Entertainment has sold off its Sydney events venue to Foundation Theatres for what has been dubbed a fire sale price of $60 million. 

Allens has bolstered its real estate team with the recruitment of a long-time Clayton Utz partner to join its Sydney office.

Advised by Arnold Bloch Leibler, fund manager Merricks Capital has sold the $155M Melbourne Place Hotel after it opened in the Paris end of the CBD in December.

Real estate lawyer Vicki Aron has joined Clayton Utz's Sydney office as a partner after seven years at Ashurst.

The liquidators for landbanking company Aviation 3030 can recover half of a $3.4 million landholder duty from a former director, after a judge found they reaped benefits from indirect ownership in land sold for $135 million in 2018. 

Residents of a property near the historic Healesville Railway Line have failed in their bid to halt works proceeding on weekends and out of hours, with a judge calling their complaints “oversensitive”.

Engineering firm Monadelphous Group has been awarded new construction and maintenance contracts worth $150 million at a Rio Tinto iron ore mine in the Pilbara region. 

The iconic St George Hotel in Belmore has settled its dispute with the local council, agreeing not to use flashing signs or digital signs that might “unreasonably dazzle” passing drivers. 

The Albanese government has promised to provide apprentices in the residential construction industry with $10,000 bonuses under a $627 million scheme.