Elanor Funds Management has recommended shareholders reject a $284 million unsolicited takeover bid by the Lederer Group, saying the price is “opportunistic” and materially undervalues the commercial property fund.
A court has rejected a bid by a Hazelwood power plant contractor to pursue an offsetting claim for an alleged breach of confidentiality in response to a $1.7 million demand from a subcontractor.
Former Wallabies player Bill Young has bought the Gem Hotel in Griffith for a reported purchase price of $50 million, in a deal which broker HTL Property said set a new record for pub sales. HTL Property announced on Wednesday that it brokered the deal between publican Jim Knox and former Wallabies player turned businessman…
A heritage bid to protect Murujuga’s rock art in Western Australia has languished with the environment minister for more than three years, a court has heard, leaving gas giant Woodside to continue to threaten the sacred spot.
A judge has found bathroom products giant Reece did not validly end a decade-long warehouse lease after its own actions caused a delay in obtaining an occupation certificate.
The federal government has agreed to cover almost half of the costs for building and upgrading 2032 Olympic Games venues after striking a deal with the Queensland government.
Real estate investment manager Marquette Properties has acquired an office tower on George Street in Brisbane for $52 million, after scooping up another tower down the street last year for a student accommodation.
The NSW Land and Environment Court has given the green light to a plan to build an apartment complex in Bondi Junction following a successful conciliation conference between the developer and the local council.
Real estate asset manager Dexus wants information that the Asia Pacific Airport Corporation gave to several consultants in a court battle over allegations it breached a shareholder deed in selling a stake in the airport operator.
The state of Victoria has launched an inquiry into the risks associated with decommissioning the state’s oil and gas infrastructure to ensure that energy companies meet their obligations.