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Construction PRO
Retirement village operator Lifestyle Communities has sold a parcel of land at its Ocean Grove site in Victoria for $46.2 million.
Saint Gobain-owned CSR has hit back at building insulation distributor Consolidated Energy's claims it engaged in anti-competitive conduct by increasing its prices during COVID-19, saying the cost increases were due to events beyond its control.
Construction PRO
The real estate division of investment bank Macquarie has made its foray into the land lease industry, with a plan to deliver thousands of homes on Australia's east coast through a new platform.
A shareholder class action over BHP’s disclosures about a Brazilian dam that collapsed 10 years ago has settled for $110 million on the eve of trial, one of a handful of class actions to settle for over $100 million.
Coles and Woolworths estimate they will need to remediate underpaid workers up to $780 million, following a complex judgment in two class actions and regulatory proceedings handed down last week.
Construction PRO
Charter Hall has expanded its convenience retail portfolio, acquiring the Chullora Marketplace 14 kilometers southwest of Sydney's CBD for $145 million.
Nuix has lodged an appeal of a ruling finding it owes $20 million before its insurers will cover its legal bills for lawsuits over its $1.8 billion float.
Construction PRO
Johnson Winter Slattery has lured a real estate partner with 15 years of experience from Mills Oakley.
A court has appointed receivers to two entities of collapsed asset manager Australian Fiduciaries amid concerns by the corporate regulator that $167 million in funds have been misused, including to buy $600,000 in luxury cars.
Construction PRO
Lander & Rogers is relocating its Sydney office from Pitt Street to a reimagined 33 Alfred Street in Circular Quay, reflecting the law firm's growth in the city's legal market.