Engineering firm CIMIC has sold off half of its transport business, UGL Transport, to a Japanese company for $500 million, as it looks to expand into new markets.
A parliamentary committee has said the Victorian government must release all evidence supporting the demolition of 44 public housing towers in Melbourne, some of which are the subject of a dismissed class action that is being appealed.
Law firm Allens is behind the recent sale by Pamoja Capital of a majority stake in UniLodge to Japanese property developer Samty.
Lendlease has sold a stake in a $500 million Melbourne build-to-rent development to Japanese real estate firm Tokyo Tatemono.
Charter Hall has acquired the Southport Park shopping centre in Queensland from billionaire John Van Lieshout for $152.5 million.
Real estate fund manager Centuria Capital has acquired the management rights to 22 agricultural properties worth $444 million, expanding its portfolio in the sector to $1.3 billion.
Energy infrastructure firm APA Group has signed an agreement with CS Energy to jointly develop a 400 megawatt gas power station in southern Queensland.
McCullough Robertson has nabbed a construction law expert from Mills Oakley to join the firm’s partnership.
A collapsed developer and its builder have failed again in their dispute against a financier over the Pentridge Village development in Melbourne, with an appeals court taking a critical view of years of delays.
An appeals court has allowed developer Sayers Property’s $1.9 million insurance claim in relation to a $11 million purchase of land.