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Construction PRO
IFM Investors sheds Melbourne industry park for over $100M
IFM Investors has sold Scoresby Industry Park in Melbourne's east to Hale Capital Partners for more than $100 million.
Construction PRO
Woodside avoids transfer in North West Shelf challenge
Activists fighting to protect the Murujuga rock art in Western Australia have lost their transfer bid in a challenge to Woodside's North West Shelf gas project.
Construction PRO
Fortescue’s $960M investment to meet data centre demand
Mining company Fortescue will invest US$680 million ($960 million) to develop new green energy infrastructure in Western Australia's Pilbara region for new industry, including the booming data centre sector.
Construction PRO
Vitrabond class action to wait for 3A, Halifax case
A class action over alleged combustible Vitrabond cladding will wait until after a court hears from the parties in a similar case against Alucobond maker 3A Composites, which suffered a loss last month.
ARN says it had ‘no power’ over Kyle and Jackie O Show
ARN says it had no ability to control the on-air behaviour of KIIS FM shock jock Kyle Sandilands, and has revealed a letter from the lawyers of co-host Jackie 'O' Henderson outlining her allegations of bullying.
Construction PRO
Watpac wins payment fight with Natura developer Romeciti
Builder Watpac has won a battle with developer Romeciti over a final payment claim issued as part of an agreement to construct a $450 million luxury development in Sydney's Macquarie Park.
Bid for Origin Energy docs on eve of trial nears abuse, judge says
A judge has rejected as "approaching an abuse of process" a bid by internet provider Origin Net for more documents from power company Origin Energy ahead of next month's trial in their intellectual property stoush.
Legal watchdog chair joins bench of busy Victoria Supreme Court
Silk and former chair of the state's legal watchdog Sam Hay KC is the latest judicial appointee to Victoria's Supreme Court, joining the bench at a time when the court's docket is bulging.
Construction PRO
Goodman sheds Sydney industrial sites as it eyes data centre growth
As it bets on the growth of the global data centre market, industrial real estate group Goodman has sold off two Sydney warehouses for a reported $438 million to property investor Aliro.
Settlement OK’d in class action over Summerlin Parklands condo
A court has approved a settlement in a class action by owners against the developer of a Brisbane condominuim, which claimed off-the-plan contracts were wrongly terminated when neighbouring property values soared.