Construction PRO

Law firm HFW has expanded its global construction practice by snagging a leading construction lawyer and his team to capitalise on Queensland's construction boom.

Billboard company Manboom has suffered a loss in its case against Jemena Gas alleging the presence of underground gas infrastructure at a site in Mascot, NSW that supplies gas to 1.6 million customers amounts to trespassing.

Cromwell Property Group will acquire a 20 per cent stake in Straits Real Estate's $470 million Australian industrial portfolio.

In a show of the office market's recovery, GPT Group has reportedly sold 750 Collins Street in Melbourne's Docklands to a private buyer for $383 million.

Developer Bloc is locked in a dispute with a contractor on the Watervue residential development in Newcastle, who it has accused of carrying out defective piling works.

The NSW Civil and Administrative Tribunal has given the operator of the Ibis Sydney Airport hotel in Mascot another chance to seek a liquor licence, finding a deferred commencement condition did not mean a development consent was not 'in force'.

The government of Western Australia will not move forward with a planned $1.6 billion redevelopment of the Perth Convention and Exhibition Centre but will instead divert most of its $1.6 billion investment to a hospital infrastructure fund.

AGL has agreed to sell the lion's share of its equity stake in Tilt Renewables to the Queensland Investment Corporation and Australia's sovereign wealth fund for $750 million.

The Australian Renewable Energy Agency will invest $45 million into Fortescue's first-of-its-kind solar innovation hub in Western Australia's Pilbara region.

Real estate investment fund manager ISPT has sold an 11-storey A-Grade office tower in Parramatta's CBD for $82 million.