Industries

A feud between a reality TV star and her sister over a $2 million Toorak townhouse is playing out in court, with a judge hearing the sisters sealed a deed of gift over the apartment with their fingerprints.

Singapore's OUE Real Estate Investment Trust has expanded into Sydney's CBD office market with the purchase of a 19.9 per cent interest in Salesforce Tower from Mitsubishi Estate Asia.

The investment vehicle of MRS Property has pocketed $42.4 million in the sale of a five-level office building in Adelaide's CBD.

Shopping centre giant Scentre Group has plans to expand into the lucrative residential market, capitalising on its significant landholdings to supply over 16,000 apartments at several Westfield locations.

Octet Finance has won a $38,000 judgment against the ex-CFO of defunct pie maker Mrs Mac’s, with a court finding he failed to correct a statement that the trade financier would likely be repaid in full following a $4 million recapitalisation.

Newcastle University has hit back at a class action over an unaccredited engineering degree, saying students can still get jobs and it is a simple “administrative” task to become members of the professional body for engineers.

The Trump Organization is planning its first development in Australia, signing an agreement to build a 91-storey luxury hotel on the Gold Coast.

The daughter of a Villawood director accused of a fraudulent design to divert valuable management fees for a development in Victoria has invoked her privilege against self-incrimination over the developer’s concerns that she may have destroyed evidence. 

A suit against the City of Sydney and Transport for New South Wales alleging that a new cycleway on Oxford Street is discriminatory has been gutted, with a court substantially striking out the pleading.

In a sign of recovery for Melbourne's commercial property market, developer Bill McNee's Vicland has sold St Germain in Toorak to Spotlight Property Group.