Although Meriton’s contractor prevailed in a cladding spat over Brisbane’s Infinity Tower, the owners corporation’s arguments were not at all stages “without merit”, a QCAT member has said in declining to award the builder its costs.
The federal government has taken steps towards granting feasibility licenses for two offshore wind farm projects in Western Australia.
Real estate debt asset manager Madigan Capital has closed a $625 million loan to fund the development of a 580,000sqm industrial estate in Western Sydney.
Investors who alleges they were misled about a Melbourne apartment development have reached a $2.5 million settlement in class action proceedings.
A judge has said that asset preservation orders are likely warranted against the former head of collapsed builder Quasar Constructions, after its liquidator revealed he sold $24 million in property interests shortly before the company went under, but found he did not have power to make the orders.
A bid by the parties for the court to determine legal costs in a successful case over the $55 million sale of a Queensland shopping centre has left a judge scratching his head.
A charitable trust of the late artist Martin Sharp, known for designing album cover art for Eric Clapton, can sell his $33 million home to the neighbouring Cranbrook, despite having expressed “animus” towards the prestigious private school, a judge has said.
Investment house Washington H. Soul Pattinson has reached a merger agreement with building products and property company Brickworks to create a $14 billion powerhouse.
Transurban has announced a $200 million loan has been secured by the financing arm of the WestConnex road project in Sydney. The toll road operator announced the loan facility in an ASX statement on Monday. “Transurban announces that WestConnex Finance Company Pty Limited, the finance vehicle of WestConnex, has successfully raised a A$200 million 10-year…
Pembroke Resources has lost its appeal bid over the meaning of “restricted land” after the private equity-backed miner argued a court’s ruling could impinge on plans for a $1 billion steel-making coal mine in Queensland.