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Construction PRO
$800M investment in Aliro Group’s industrial vehicle by Canada pension fund
Joining CBRE Investment Management in fast-tracking developer Aliro Group’s flagship industrial vehicle, Canadian super fund PSP Investments has committed up to $800 million for investment.
Construction PRO
Atlantic Nickel can’t dodge new version of mining company’s $1B case
Atlantic Nickel has lost a challenge to further amendments to a case by failed suitor Mining Services International that alleges it lost the opportunity to purchase a Brazilian mine now valued at over $1 billion.
Construction PRO
Frasers exits ‘challenging’ Melbourne CBD market with $195M office tower sale
Singapore-based real estate investment manager Frasers has offloaded an office tower on Melbourne's Collins Street for $195 million in a strategic exit from the city's "challenging" office sector.
Construction PRO
Firm points finger at Multiplex, others over Monash city campus development
Project management firm Donald Cant Watts Corke says Multiplex should go down with it if Monash University wins its case over the presence of alleged hazardous insulation at the college campus in Melbourne's CBD.
Binetter company liquidator wins OK for settlement in tax dodge case
The liquidator of six companies linked to the nephew of former Nudie Juice founder Andrew Binetter has secured approval for a settlement in a case over the fallout of a massive tax evasion scheme.
BBY chairman Glenn Rosewall latest to face charges
The former chairman of BBY has been charged with aiding and abetting dishonest conduct while head of the board at the defunct stockbroking firm.
Berndale Capital director jailed after admitting to misuse of funds
A former director of collapsed Melbourne derivatives broker Berndale Capital Securities will spend a year in jail after pleading guilty to offences connected to his misuse of company funds.
Domain resolves REA Group’s case over alleged data scraping
Real estate portal Domain has reached a settlement in a lawsuit by News Corp-owned REA Group that accused its rival of misleading conduct and infringing its copyright in property photos and floor plans.
Fight over Machiavelli restaurant matriarch’s will leads to ‘outrageous’ legal costs
Following the death of the 85-year old founder of famed Machiavelli Ristorante in Sydney, siblings Paola Toppi and Walter Toppi have racked up almost $1 million in legal costs fighting over the $2 million estate.
Construction PRO
Builder Shinetec claims priority interest in $48M paid to Gosford receivers
In a new suit against the developer of an abandoned $185 million project in Sydney, Shinetec has asked the court to declare its priority interest in a $48 million payment recently paid to the developer by Bank of China.