Property investor Charter Hall has dropped $152 million for a 50 per cent stake in Western Sydney University’s Parramatta campus.
The government has announced that it will divest 67 defence properties following an audit which found that much of the estate was underutilized and in a state of disrepair.
Real estate investment firm Heitman and developer Erben have acquired a lot from the Western Australian government to develop a 19-storey student accommodation to meet growing demand in Perth.
Australian e-gift card company Prezzee has succeeded in blocking New Zealand-based Epay from selling its Giftzzy voucher cards featuring the words ‘powered by Prezzy’ in Australian stores, for now.
The law firm running a class action against Origin Energy has argued the case is “financially unviable” if it is stuck with a 30 per cent contingency fee ordered by the court, in the first-ever application to vary a group costs order.
Japanese bank SMBC, which was duped by fraudster Bill Papas to enter into agreements with a Humm subsidiary for assets and receivables that didn’t exist, has won the right to call in warranties on its $113.7 million investment.
A hearing on the relief Fortnite maker Epic Games is entitled to in its successful competition case against Google and Apple could be affected by a hearing on a worldwide settlement reached by Google, a judge has said.
Probuild is fighting legal professional privilege claims by the co-owners of the Pacific Werribee shopping centre in Victoria, who have brought a $356 million defects case against the collapsed builder.
Martinus Rail’s lawyers can’t get an boost in their fees despite winning a fight against grain supply chain Co-Operative Bulk Handling over a $23 million payment claim for the construction of a rail siding.
The National Native Title Tribunal has partially granted a mineral lease to Australian Ilmenite Resources, finding the critical minerals producer’s plans to expand ilmenite mining within one area in the Northern Territory was in the public interest.