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Construction PRO
Salta sells off 50% stake in Melbourne’s Preston Market to Medlich
Property group Salta has shed its 50 per cent interest in Preston Market to long-standing co-owner Medlich as part of a strategy to expand its build-to-rent business.
Construction PRO
Builder has no separate right to compensation for Brisbane rail land grab, court says
A Queensland construction company that bought land following its resumption by a state government agency is not entitled to be compensated for the land grab, a court has found.
Construction PRO
Mapletree sells off Woolworths-backed Victorian logistics hub for $60M
Real estate investor Mapletree Logistics Trust has sold its logistics facility in Victoria's Wodonga  for $60 million, saying the hub was no longer in line with its investment strategy.
NAB hit with $15.5M penalty for mishandling financial hardship requests
National Australia Bank and its home loan lender subsidiary have been ordered to pay a $15.5 million penalty after admitting to mishandling hundreds of customer hardship applications.
Construction PRO
Vansan Construction boss asks court to set aside $2M default judgment for developer
The CEO of embattled Melbourne builder Vansan Construction is fighting a $2 million default judgment for SK Developments, saying he was given no opportunity to defend himself.
IVF provider Genea faces class action investigation over data breach
Fertility services provider Genea is facing a class action investigation over a data breach that led to sensitive patient information being published on the dark web.
Construction PRO
HWL Ebsworth loses fight over referees in developer’s $130M negligence case
Law firm HWL Ebsworth, which was found liable for negligence over advice on a Parramatta land development, has lost its opposition to a referee process for calculating damages.
Construction PRO
Parkview wants chance to settle second Australia Towers cladding case
Parkview Constructions is looking to settle a second case over alleged combustible cladding at Australia Towers in Sydney Olympic Park.
Construction PRO
Perth developer can’t add Fairfax conspiracy claim to defamation case
A prominent Perth property developer who claims he was defamed by two WAToday articles has lost his bid to plead the existence of a conspiracy between publisher Fairfax and others, including Liberal MP Andrew Hastie and the former leader of the WA Liberals.
Sunshine Loans’ case over judge’s recusal to be heard by High Court
The High Court will hear an appeal by Sunshine Loans, which centres on a judge's recusal in the corporate regulator's case over unauthorised fees.