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Strata management firm Netstrata accused of conflicts, secret commissions
New South Wales 2025-02-28 11:16 pm By Julia Kanapathippillai

An independent report into Netstrata has found numerous alleged conflicts of interest and accuses the strata management company of a failure to disclose commissions from contractors.

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AirServices can’t get separate hearing in airport lease fight over PFAS
Real Estate 2025-02-27 11:41 pm By Andy Sidler

A judge has rejected AirServices bid for a separate hearing on whether it was required to manage environmental issues outside of its leased site at the Launceston Airport in Tasmania.

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Pipeline acquired by Conexa in $74.7M deal is taxable ‘land’: appeals court
Justice Anthony Payne 2025-02-27 4:31 pm By Sam Matthews

An appeals court has found water infrastructure investor Conexa liable to pay land duty on a $46 million Sydney pipeline it acquired as part of a blockbuster deal with Rosehill.

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East Warrnambool Shopping Centre sells for $20M in off-market deal
Construction 2025-02-27 11:31 pm By Julia Kanapathippillai

ASX-listed Region Group has sold East Warrnambool Shopping Centre in Victoria for over $20 million in an off-market sale, underscoring investor interest in retail assets.

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Douglas Menzies barristers chambers up for sale, expected to fetch $25M
Real Estate 2025-02-25 4:46 pm By Sam Matthews

The Douglas Menzies Chambers in Melbourneā€™s CBD is expected to fetch $25 million, as the iconic legal offices are opened up for sale for the first time in over 30 years.

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Black Cat pounces on Westgoldā€™s $85M gold processing facility
Energy & Natural Resources 2025-02-25 11:00 pm By Andy Sidler

Gold producer Black Cat has acquired Westgoldā€™s Lakewood processing facility located just outside Kalgoorlie for $85 million.Ā 

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Amp Energy wants more time for land purchase option for Cape Hardy green energy project
Energy & Natural Resources 2025-02-24 11:43 pm By Andy Sidler

Renewable energy company Amp Energy has requested more time to exercise its option to purchase land in South Australia for the development of its Cape Hardy advanced fuels precinct.

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US property giant CoStar makes $2.7B play for Domain
Securities 2025-02-21 5:02 pm By Sam Matthews

Nine-owned Australian property marketplace Domain is weighing up a $2.7 billion cash takeover offer from US-based CoStar Group, which snapped up a 16.9 per cent share in the company on Thursday.

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Construction PRO
Stockland locks in $800M in deals with KKR, M&G Real Estate
Construction 2025-02-21 5:18 pm By Cindy Cameronne

ASX-listed Stockland has secured two new logistics deals with global investment firm KKR and property investor M&G Real Estate worth a total of $800 million.Ā 

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Class action fends off Clydesdale Estate liquidator’s bid to ‘destroy’ claim
Class Actions 2025-02-19 11:18 pm By Cindy Cameronne

A class action on behalf of people who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney has won a dispute with the liquidator for the collapsed developer.

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