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Construction PRO
Mitsubishi Estate sells 19.9% stake in Salesforce Tower for $357M
Singapore's OUE Real Estate Investment Trust has expanded into Sydney's CBD office market with the purchase of a 19.9 per cent interest in Salesforce Tower from Mitsubishi Estate Asia.
Construction PRO
Harmony sells Adelaide CBD office building for $42.4M
The investment vehicle of MRS Property has pocketed $42.4 million in the sale of a five-level office building in Adelaide's CBD.
Construction PRO
Scentre reveals plans for 16,000 apartments at Westfield centres
Shopping centre giant Scentre Group has plans to expand into the lucrative residential market, capitalising on its significant landholdings to supply over 16,000 apartments at several Westfield locations.
Construction PRO
Spotlight Group buys Toorak’s St Germain for $185M
In a sign of recovery for Melbourne's commercial property market, developer Bill McNee's Vicland has sold St Germain in Toorak to Spotlight Property Group.
Platinum Asset insider trader files appeal after six-year sentence
An investment manager sentenced to a six-year prison term for trading on confidential information taken from the computer of Platinum Asset Management's chairman has lodged an appeal.
JLL’s former HR chief follows through on threat to sue
JLL's former human resources head in Australia has launched proceedings over her dismissal, the latest lawsuit to face the commercial real estate giant.
Construction PRO
JLL dragged to court again in latest fallout over sackings
JLL's former human resources head in Australia has launched proceedings over her dismissal, the latest lawsuit to face the commercial real estate giant.
Construction PRO
Charter Hall grows retail fund with three shopping centres for $360M
Charter Hall Group's retail fund has grown to $3 billion after picking up three east coast shopping centres for $360 million, in a sign of the robustness of the sector.
Mayne Pharma sues Cosette over failed $672M merger
ASX-listed Mayne Pharma has taken US drug maker Cosette to court seeking "substantial damages" over the termination of their $672 million merger.
AFR resolves defamation suit by Bird’s Basement owner
Nine's Australian Financial Review has resolved a defamation suit by the owner of Melbourne jazz venue Bird's Basement over articles about a former employee's now discontinued suit.