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Construction PRO
Developer Mulpha is considering launching cross-claims against contractors in a class action on behalf of owners and investors of homes in a 683-lot development in Glenmore Park, NSW.
Construction PRO
A former director of collapsed Melbourne builder Shangri-La is being pursued by liquidators for $1.3 million in payments to related companies allegedly made in breach of his duties.
Construction PRO
Construction company Impero Pacific Group has been placed into liquidation with a reported $21 million in debts.
Construction PRO
Parramatta City Council has prevailed in a fight with Transport for NSW over land compulsorily acquired for the state's light rail system, with a judge finding it held a registered interest in the land.
Construction PRO
Sydney developer Romeciti is challenging a $9.19 million payment adjudication in favour of construction company Watpac in connection with a $450 million high-end residential complex in Macquarie Park.
Construction PRO
A NSW appeals court has found objectors have no right to weigh in on development applications once they reach conciliation in the Land and Environment Court, and that judges don't have to consider all material before the court.
Construction PRO
The bankruptcy trustee for Dyldam Developments director Sam Fayad has raised concerns about upcoming sales of property in western Sydney, saying an $8 million loan secured against the real estate may be a "sham".
A class action has failed to prove that Alucobond panel manufacturer 3A Composites and supplier Halifax Vogel misled consumers about the allegedly flammable cladding and breached consumer guarantees.
Construction PRO
Former ACM head Antony Catalano and his wife are seeking compensation over alleged defects in the the façade of their $30 million St Kilda penthouse apartment, while attempting to sell the swanky digs for $6 million less than the initial asking price.
Construction PRO
US-based private equity giant Blackstone has reshuffled the leadership of its Australian real estate arm after head Chris Tynan stepped down for his role following a string of billion-dollar deals.