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Construction PRO
The investment vehicle of MRS Property has pocketed $42.4 million in the sale of a five-level office building in Adelaide's CBD.
Construction PRO
Shopping centre giant Scentre Group has plans to expand into the lucrative residential market, capitalising on its significant landholdings to supply over 16,000 apartments at several Westfield locations.
Construction PRO
The Trump Organization is planning its first development in Australia, signing an agreement to build a 91-storey luxury hotel on the Gold Coast.
Construction PRO
The daughter of a Villawood director accused of a fraudulent design to divert valuable management fees for a development in Victoria has invoked her privilege against self-incrimination over the developer’s concerns that she may have destroyed evidence.
Construction PRO
A suit against the City of Sydney and Transport for New South Wales alleging that a new cycleway on Oxford Street is discriminatory has been gutted, with a court substantially striking out the pleading.
Construction PRO
A Centennial Coal unit that operates an underground coal mine bordering the Blue Mountains National Park has been hit with $630,000 in penalties after pleading guilty to five environmental offences for failing to properly manage runoff from the mine.
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In a sign of recovery for Melbourne's commercial property market, developer Bill McNee's Vicland has sold St Germain in Toorak to Spotlight Property Group.
Construction PRO
Pacific Werribee Shopping Centre co-owner Wadren has been pulled up by a judge for breaching an order over the use of an engineering model for expert evidence in a $356 million defects case against the collapsed Probuild.
Construction PRO
Property developer Castleway has succeeded in its challenge to a ruling limiting its payment entitlements under a development agreement with TPC Group.
Construction PRO
Roberts Construction has won indemnity costs against a company that unsuccessfully pursued a winding up application against it, as well as a personal costs order against its director.