Construction PRO

The liquidators of Falcon Capital, which is suspected of having misused $450 million in investor funds, have sued a Melbourne property developer, claiming he knowingly assisted Falcon to loan millions in trust money in a “dishonest and fraudulent design”. 

The ACCC has given Coles the green light to acquire two leasehold interests to launch new supermarkets in Melbourne's rapidly developing west after the supermarket giant agreed to divest its ownership and interest in its Kororoit Town Centre site.

The liquidators of a defunct developer FSM have lost their bid to access unredacted copies of emails between Ray White Capital and King & Wood Mallesons.

Logistics giant Qube has shed its interest in a 202-hectare property at Beveridge in Melbourne's north to Hong Kong-based asset manager C Capital for $111 million.

The publisher of The Australian has hit back at a defamation case by a former JLL executive, saying it was substantially true that he fondled a drunk junior female colleague's breast at a strip club. 

Centuria Office REIT has sold an office building in Chatswood, NSW for $90 million to a private investor.

A judge has rejected a bid by the director and general manager of an aluminium windows and doors company to set off a $2.6 million loss from a Spring Square project against a $2.8 million liability.

The High Court has revived a class action by small business owners over the interference caused by the construction of the Sydney light rail network.

Engineering consulting firm Jacobs Group has won a stay of proceedings by Brisbane Airport Corporation, after arguing the case was launched in contravention of an arbitration agreement.

All Civil Solutions Group has lost its appeal against a ruling that allowed the Woonona-Bulli RSL Memorial Club to raise a set-off defence against the subcontractor's claim under the Contractor's Debt Act.