Construction PRO

Reflecting renewed interest in office assets, property investment company Charter Hall has launched a $147 million unlisted trust for investors to buy into two fully-tenanted office buildings in the ACT and Queensland.

The co-owners of the Pacific Werribee shopping centre in Victoria are seeking to join collapsed builder Probuild’s primary insurer AIG and several excess insurers to their case over $356 million in alleged defects.

A number of contractors have been added by builder Hansen Yuncken to a $14.3 million dollar lawsuit by Deakin University over alleged building defects at its Burwood campus.

A court has ordered companies in billionaire Bob Ell's Leda Group to pay a senior executive $178,000 for terminating his retainer without adequate notice, ending what the court heard was an abusive working relationship.

A decision this week from the International Court of Justice holding countries have an obligation to protect the climate from greenhouse emissions will open the door to innovative climate litigation, experts told Lawyerly. 

A court has approved a deal under which collapsed TC Build Group will be joined as a plaintiff in action by construction company Alta Vale Residential to claw back $9.6 million allegedly owing for work on various projects.

A unit of construction and real estate group Maas Group has been named in an ICAC investigation into alleged kickbacks for lucrative Transport for NSW contracts.

BP is reportedly set to exit one of the world's largest renewable energy projects, located in the Pilbara, as part of a shift in strategy.

The NSW Independent Planning Commission failed to consider the local impact of climate change when approving the expansion and extension of MACH Energy’s Mount Pleasant coal mine, an appeals court has ruled.

Cromwell Property Group has sold its remaining 50 per cent stake in an office building in Sydney's Chatswood at the discount price of $87 million.