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Construction PRO
A prefab home builder has filed an application with the High Court after it was ordered to pay $500,000 in damages for engaging in misleading and deceptive conduct to convince a couple to vary their contract to allow the use of cladding they had previously rejected.
Construction PRO
Corrs Chambers Westgarth has snagged a tax partner from Ashurst with special expertise in the stamp duty, amid an ASIC review into the rule requiring superannuation funds to disclose stamp duties as fees.
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Developer CIP Group must fork over another $1.17 million in further security for costs in a derivative case against entities associated with a 600-lot development in Brisbane.
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A private group of local business people has purchased commercial office building Cairns Corporate Tower for $77.5 million.
Construction PRO
The NSW’s Land and Environment Court has approved plans to amend an approved $4.5 million development application to tear down a $16.3 million Mosman property to make way for a new home and pool.
Thompson Geer has nabbed a partner and a special counsel from Baker McKenzie to grow its Melbourne-based banking and finance team.
Construction PRO
Property group Catalyst has won $31.7 million from a trustee corporation of the Presbyterian Church of Queensland over a suite of scuppered transactions for land and aged care homes.
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Singapore-based Keppel REIT and Australian asset manager MA Financial have paid $525 million to acquire the Top Ryde City Shopping Centre in Sydney’s northwest.
Construction PRO
Canberra builder Geocon has brought a lawsuit against the developers of the Aspen and Establishment apartment buildings in Canberra, claiming it is owed $4 million in construction payments.
Construction PRO
The trustee for shareholders that want to retain their Dexus-managed stake in Australia Pacific Airports Corporation can't be separately represented from the selling group, a judge has ruled in a case that pits APAC's investors against each other.