Construction

A court has approved Eloura Developments' 179-unit housing development in Sydney’s Inner West, which makes use rules allowing increased floor space ratios and heights for developments that supply affordable housing. 

Lawyers for Forte Sydney Construction are ceasing to act for the developer, which is being sued by the liquidators of collapsed real estate fund manager iProsperity seeking to recover more than $3 million.

Dexus’ industrial real estate trust has bought a half-stake in an industrial estate in NSW for $49.6 million from its manager. 

Judo Bank has failed to secure an injunction against a disgruntled customer who launched a billboard campaign against it amid a dispute about a loan for a $65 million property.

The defendants in Lendlease's lawsuit over combustible cladding used on its $107 million EXO residential apartment block in Melbourne's Docklands have pointed the finger at one another six months out from trial in the long-running proceedings.

An adjudicator’s finding that it had no jurisdiction to rule on a payment claim in a dispute over a Sydney development was a binding determination under SOPA, an appeals court has said in upholding a decision that a builder’s pursuit of a second, favourable adjudication was an abuse of process.

A Sydney developer has been slapped with orders preventing it from selling the ‘Honeycomb Terraces’ in order to preserve the funds available to the owners corporation, which is seeking damages over defects at the allegedly contaminated site.

A class action over the planned demolition of inner-city public housing towers has filed a special leave bid with the High Court, arguing that Homes Victoria’s failure to give residents notice of the rebuild affected their right to remain in settled social communities. 

Amid a dispute over a $52 million mixed-use project in Melbourne, builder LU Simon has secured a court's approval to pay the developer cash equivalent to two bank guarantees in exchange for return of the security.

The state of Victoria has given fast-track approval to two battery energy storage systems, the latest renewable projects expedited through the state's Development Facilitation Program.