A bidding war has broken out after Singaporean developer Ho Bee Land made a $390 million offer to acquire developer AVJennings, months after AVID Property Group lodged a takeover offer.
US property firm Greystar is acquiring a portfolio of student accommodations worth $1.6 billion, one of the largest deals of its kind in the Australian market.
European construction company STRABAG Group has received Foreign Investment Review Board to acquire Australian construction company Georgiou Group for $233 million.
The owners of Sydney’s Australia Square Tower have filed proceedings over $250,000 in damage allegedly caused by a subcontractor that flooded the iconic skyscraper’s lift shaft.
A former Lander & Rogers client that was hit with a $2.9 million legal bill for work on a construction matter has taken the firm to court, calling its costs disclosures “grossly inadequate”.
Transport for NSW has asked the High Court to weigh in on when land is acquired for a ‘public purpose’, in a dispute over the value of land acquired near the Western Sydney Airport.
Developer Freecity has won court approval for its plans for a 19-level, $230 million student accommodation development near Macquarie University, after its plans were initially knocked back by the local council.
The Australian Competition and Consumer Commission has warned new gas production is “not being brought online fast enough” and called for measures to smooth the transition of the energy and has markets.
The federal government has announced a $200 million investment aimed at boosting housing and infrastructure in regional Western Australia.
Allens has brokered a deal between Australian renewable company ZEN Energy and Taiwanese company HDRE to create a battery system that will increase national solar storage by 33 per cent.