Construction PRO

Developer Schofields has won $20 million from the New South Wales government after the state failed to provide an easement or road access to land it owned for more than two years after acquiring a neighbouring lot. 

A Perth construction company still owes electrical contractor Mobius full payment for work on a Rio Tinto reinjection scheme after it was duped by a fraudulent email, with a judge calling the case "a salutary reminder" of the importance of verifying bank details.

Chinese builder Yuanda has settled a lawsuit against its former director that alleged he diverted building contracts, including a project with Lendlease, to his current employer SRG Global. 

Construction materials giant Boral has pleaded guilty to interfering with Indigenous relics at a Hobart quarry.

CPB Contractors has sued its insurers for their refusal to cover $9.5 million in costs incurred fixing defective road signs on the CityLink extension in Melbourne.

A bidding war has broken out after Singaporean developer Ho Bee Land made a $390 million offer to acquire developer AVJennings, months after AVID Property Group lodged a takeover offer.

US property firm Greystar is acquiring a portfolio of student accommodations worth $1.6 billion, one of the largest deals of its kind in the Australian market. 

European construction company STRABAG Group has received Foreign Investment Review Board to acquire Australian construction company Georgiou Group for $233 million.

The owners of Sydney’s Australia Square Tower have filed proceedings over $250,000 in damage allegedly caused by a subcontractor that flooded the iconic skyscraper's lift shaft.