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Construction PRO
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.
Construction PRO
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.
Construction PRO
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.
Construction PRO
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.
Construction PRO
A hearing has gone ahead in a dispute over an aborted $30 million property dispute, with a judge rejecting Aintree Major Town Shopping Centre's bid to vacate because of its “manifestly inadequate" preparation.
Construction PRO
Rio Tinto has put down $75 million for Zanthus Resources' interest in the Yarraloola Iron Ore project assets in Western Australia's Pilbara region as part of a joint venture with Mitsui & Co and Nippon Steel.
Construction PRO
UK construction company Murphy is continuing its expansion with a 40 per cent stake in Sydney-based building company Abergeldie Complex Infrastructure.
Construction PRO
Woodside is facing another legal challenge to its $16.5 billion Scarborough gas project, in what an environmental group called a "test case" for how NOPSEMA will assess greenhouse gas emissions from energy projects.
Construction PRO
Developer VSD Investments has failed in its novel argument for keeping Builtcom from the proceeds of a successful $8.5 million payment claim for work on a Sydney project.