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Lendlease abandons $10M land claim in fight with Macarthur-Onslow family
Real Estate 2025-02-14 3:11 pm By Cindy Cameronne

Lendlease has abandoned its bid to purchase a parcel of land owned by one of Australia’s oldest families for well below market value as part of its project to develop 6,700 homes in Campbelltown, Sydney.

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Construction PRO
Developer wins stay of judgment debt for builder over $14M Taringa Coles
Construction 2025-02-14 11:23 pm By Andy Sidler

A court has granted a rare stay over a judgment debt to the developer of a Taringa Coles shopping centre, finding if final judgment comes down in its favour, financially troubled builder Kenik may not be able to repay the funds. 

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Stockland sues Probuild over Perth shopping centre sinkhole
Construction 2025-02-13 4:11 pm By Andy Sidler

Major developer Stockland has filed proceedings against Probuild Constructions over alleged faulty works completed on a stormwater system in a Rockingham shopping centre.

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Developer owes financier after using tax refund for $23M Sydney home: court
Real Estate 2025-02-12 11:50 pm By Cindy Cameronne

A developer is on the hook for $2.6 million after a court found he misappropriated a tax refund associated with a scheme to develop property in Spring Farm, NSW and put it towards a luxury Sydney home in his wife’s name. 

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Queensland developer defeats claims over Jimboomba property
Construction 2025-02-12 11:23 pm By Andy Sidler

Gold Coast developer FW Estate has defeated a lawsuit alleging a development in Jimboomba was the product of a joint venture.

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Construction PRO
Judge allows tweaks in case against CBA, Westpac over financing for Perth development
Construction 2025-02-11 11:54 pm By Andy Sidler

A guarantor of developer Westgem Investments can amend her claim against Westpac and the Commonwealth Bank related to the financing for a commercial development in Perth’s Raine Square.

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Brunswick Heads estate developers can amend defence in activist case
Environment 2025-02-11 2:51 pm By Sam Matthews

The developers of a Brunswick Heads housing estate have the OK to raise a new defence to injunctions sought by an environmental group.

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Construction PRO
Luxury tower developer hit with freezing order in $10.6M defects suit
Construction 2025-02-11 11:39 pm By Julia Kanapathippillai

A Sydney premium property developer has been slapped with a freezing order that prohibits it from disposing of assets over $10.6 million as it faces a defects suit from the owners corporation of a Milsons Point tower.

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Law firm found negligent in Victoria hotel transaction, owes $1.2M damages
Construction 2025-02-10 11:05 pm By Julia Kanapathippillai

A Sydney law firm and its principal have been ordered to pay over $1.2 million to a former client after the solicitor was found to have failed to give proper advice about a hotel purchase.

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Construction PRO
Steller directors deny they intended to make $120M guarantee
Construction 2025-02-10 11:14 pm By Andy Sidler

Former directors of Steller Developments have told a court they did not intend to guarantee the company’s debt in the event of bankruptcy, as trial kicked off in proceedings by the collapsed Melbourne developer’s liquidators. 

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