Brookfield has shed 23.2 per cent of the stapled securities in major coal exporter Dalrymple Bay Infrastructure, but remains the major shareholder, retaining a 26.25 per cent interest in the venture.
Private credit supporting Australian real estate could grow by 80 per cent over the next five years, largely fueled by increased residential development lending, according to forecasting by CBRE.
The NSW government has budgeted $115.5 million for a new logistics precinct in Newcastle, which will be used to store equipment needed for the state’s renewable energy push. The Minns government allocated $115.5 million for the new precinct — located next to the Port of Newcastle at the government-owned former BHP Steelworks’ intergrade site —…
After describing the $836 million project for a new Sydney Fish Market as “an architecturally designed death knell to the NSW seafood industry”, the market operator has mostly lost its application to make Infrastructure NSW hand over 100 project documents.
While parts of the business have been placed in administration, Roberts Co has been selected as development manager and early contractor for a project on Sydney’s Macquarie Street.
Roberts Co will have to pay a $3.2 million payment claim served by subcontractor Sharvain Facades at 7:18pm on a Friday, after a judge found the claim was validly issued that day.
A judge has rejected developer Kaloriziko’s claim that a property deal involving related parties extinguished a $2.12 million liability to a builder in relation to the construction of the ‘Sky Gardens’ residential development in Ryde, NSW.
A judge has confirmed that 5Point, the developer of a beach-front apartment complex in Palm Beach, can add an additional two storeys to the tower, finding that the region is becoming a medium density area which can visually accommodate high rise buildings. Luxury developer 5Point was approved in October 2023 to begin construction on the…
Ashurst has lured a Baker McKenzie partner to join its projects and energy transition practice in Melbourne. Aylin Cunsolo joins the firm after 17 years at Baker McKenzie, including five years as a partner. Cunsolo — who has expertise in revenue contracts, retail supply contracts and connection, retail arrangements, corporate PPAs and energy regulation —…
Johns Lyng Group confirmed Wednesday it had received a takeover offer from Pacific Equity Partners for an undisclosed sum and has granted the private equity firm an exclusivity period to undergo due diligence.