Real estate funds manager Centuria has acquired a $33 million warehouse in Melbourne’s west, as part of its partnership with US private investment firm Starwood Capital.
Property investor ISPT has snapped up a 2.9 hectare shopping plaza in the Townsville suburb of Burdell, anticipating major growth in the area. On Thursday ISPT announced it had acquired Woolworths-anchored shopping precinct North Shore Marketplace from property fund manager Clarence Property, in an off-market deal through its retail property trust, IRAPT. ISPT fund manager…
Parkview Constructions is seeking to bring negligence claims against Bates Smart and McKenzie Group in a lawsuit over alleged combustible cladding at Australia Towers in Sydney Olympic Park.
A developer seeking to redevelop the site of the Hyde Park Inn has lost its bid for an extra 15 months to pay up over $95 million to the NSW branch of the RSL to settle the purchase, but a judge has handed it a win in the process for determining the final price tag for the deal.
Coombes Property Group has been awarded $200 million in compensation for Sydney Metro’s compulsory acquisition of its CBD property, despite contending it was entitled to $430 million.
The owners corporation of a 98-unit Parklea development by defunct builder Dyldam Developments has failed in its attempt to claim insurance for building defects in a property completed 17 years ago, with a court finding that time was up.
A NSW council has partially succeeded in its challenge to the approval of a proposed residential development near the Peace Park in Ashbury in Sydney’s Inner West. In November 2024, Commissioner Elizabeth Espinosa of the NSW Land and Environment Court ruled in favour of developer Hamptons Property Services, and granted it development consent for a…
Herbert Smith Freehills has bolstered its Brisbane energy practice by luring a pair of partners from Allens and Johnson Winter Slattery.
Roberts Co NSW has been sold to United Arab Emirates-based developer Arada, in a deal that includes a $20 million recapitalisation with a view to expanding the Australian builder’s business into the UAE.
Adelaide real estate group Taplin has acquired the Kurralta Park Village shopping centre from Coles, with the supermarket giant reselling the site for a $1 million profit after just 2 years.