Real Estate

Agribusiness investment firm Packhorse Pastoral has lost an appeal bid in a row with placement agent Burgoyne Capital, after its $120 million portfolio of cattle stations was put up for sale following the death of a co-founder.

A co-founder of collapsed property development group Steller has argued in the High Court it is unfair to bind him to a previous owner’s acquiescence to the use of a driveway by his prominent Mornington Peninsula neighbour.

Property developer Casey Group is weighing a cross-claim against Rossdale Golf Club in response to proceedings launched by Interpac unit Brencorp, which alleges Casey devised an "underhand deal" to block its acquisition of the southeast Melbourne club.

Dashing hopes for a more "compelling" offer, US private equity firm Warburg Pincus has advised land lease and retirement village operator Ingenia Communities that its $2.14 billion takeover bid is its best and final offer.

ASX-listed alternative asset manager HMC Capital has acquired the Coburns Central shopping centre in Melbourne's west for $49 million.

Traditional land owners in the central Pilbara have sought to declass a group proceeding over waste from the Wittenoom asbestos mines, after the WA government argued claims predating the Federal Court’s class action regime were barred. 

Law firm Mills Oakley is seeking summary judgment in a lawsuit alleging it gave negligent advice about demolishing an inherited property, which allegedly resulted in the loss of a capital gains tax exemption.

A contradictor has urged a judge to reject an $18 million settlement in a class action over sinking homes, saying that owners' claims that were excluded had not been fully investigated.

The Australian Securities and Investments Commission has called for improvements in how mortgage brokers demonstrate that home loan recommendations are in customers’ best interests.

A judge won't order expert mathematical evidence in a suit against Monash University over alleged unpaid bed rent, saying the calculations could be done by someone in Year 7.