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AVID Property to swallow AVJennings in $365M buyout
Real Estate 2025-04-01 11:33 pm By Cat Fredenburgh

Property group AVJennings has accepted a trimmed $365 million takeover offer from private equity-backed AVID Property after failing to receive a binding offer from Singaporean developer Ho Bee Land.

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Construction PRO
Repped by KWM, Daibiru picks up Sydney office tower from Investa
Real Estate 2025-04-01 11:43 pm By Julia Kanapathippillai

Japanese property group Daibiru Corporation has made its second investment in Sydney, acquiring a CBD office tower from real estate investment manager Investa.

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Public housing authority cites ‘limited resources’ in class action defence
Real Estate 2025-04-01 11:01 pm By Sam Matthews

Western Australia and its public housing landlord have hit back at a class action alleging Indigenous people in remote communities were overcharged for substandard public housing.

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Sacked Cushman & Wakefield managing director sues to keep sign-on bonus
Employment 2025-03-31 11:58 pm By Cindy Cameronne

A former Cushman & Wakefield managing director has sued the commercial real estate broker, alleging he was unfairly terminated to prevent him from keeping a $1.5 million sign-on bonus.

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Construction PRO
Dexus tells appeals court judge erred in fight with Macquarie over $1.7B shopping centre
Real Estate 2025-03-31 3:29 pm By Cindy Cameronne

A Dexus property fund has argued that a judge went the “wrong way” in deciding that it was forced to sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail. 

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Construction PRO
Cushman & Wakefield faces ex-director’s suit over $1.5M sign-on bonus
Real Estate 2025-03-31 11:50 pm By Cindy Cameronne

A former Cushman & Wakefield managing director has filed proceedings alleging the commercial real estate broker unfairly terminated his employment to prevent him from keeping a $1.5 million sign-on bonus.

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Construction PRO
Domain to recommend shareholders approve $2.8B CoStar acquisition
Real Estate 2025-03-31 11:12 pm By Cat Fredenburgh

Domain has announced it will recommend shareholders vote to approve a takeover by US real estate company CoStar that values the real estate listing site at $2.8 billion.

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Construction PRO
Lendlease witnesses can’t give evidence remotely in fight with Macarthur-Onslow family
Construction 2025-03-28 11:40 pm By Sam Matthews

Lendlease has lost its bid to allow a key witness to give evidence by audio-visual link in its fight with a company owned by the Macarthur-Onslow family over a Campbelltown development.

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Construction PRO
Centuria snaps up Perth industrial facilities for $39M
Real Estate 2025-03-28 11:39 pm By Julia Kanapathippillai

Real estate manager Centuria Capital has bought two warehouses in Perth for $38.6 million through its Centuria Select Opportunities Fund.

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Construction PRO
CoStar makes best and final offer for Domain
M&A 2025-03-27 11:47 pm By Julia Kanapathippillai

US real estate company CoStar has made a second offer to buy real estate listing site Domain, upping its offer price by more than 5 per cent.

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