Building materials giant Boral has acquired the Wallan Concrete plant 45km north of Melbourne’s CBD for an undisclosed sum, two months after its purchase of a Victorian sand producer.
Property management company GPT group and Canadian-owned QuadReal property group have announced a $1 billion logistics joint venture.
Dexus faces allegations it breached a shareholder deed in selling a stake in the privately-owned Asia Pacific Airport Corporation, which operates Melbourne and Launceston Airports.
A geological consultant for gold mining company Beacon Minerals has pleaded guilty to insider trading, while a former project manager for the company maintains he is not guilty.
A litigator with the corporate regulator has returned to private practice, joining BigSix firm MinterEllison as a partner on the dispute resolution team.
Deakin University is suing builder Hanson Yuncken seeking $14.3 million for alleged defects on a building at its Burwood campus.
Lendlease has confirmed it is joint venture talks with the British Monarch’s land and property management company to develop a portfolio of projects in the UK.
Rio Tinto has signed a $430 million partnership agreement with Japan’s Sumitomo Metal Mining Co. to fast track development of its copper-gold project in Western Australia’s Great Sandy Desert.
Collapsed clothing brand Jeanswest has nearly $26 million in lease liabilities on stores nationwide, but buyers may bite, administrators have told the Federal Court.
A judge has refused an eleventh-hour application by administrators for Strongroom AI for court approval of a sale offer ahead of a second creditors meeting, likening the bid to “putting a gun to the court’s head”.