Real Estate

Lederer Group, the family trust of billionaire Paul Lederer, has launched a $285 million takeover bid for commercial property fund Elanor Funds Management, telling investors "enough is enough" and that it was time for a change.

A judge has refused to force the sale of a Footscray property used for logistics services, estimated to be worth $23 million, saying an agreement by the co-owners to sell it by a deadline could no longer be performed. 

Rental property manager MadeComfy has been acquired by Indian hospitality company Oyo in a deal worth $50 million. 

The operator of a gym previously inside a Bankstown RSL club has scored a partial win on appeal against its new landlord, but has only received nominal damages of $10. 

A judge has allowed Charter Hall to respond to developer Pro-Invest’s expert evidence in a case claiming $100 million in damages for the lost opportunity to build a 26-storey hotel in the Sydney CBD. 

Star Entertainment will be on the hook for $41 million to its Queen's Wharf partners after an agreement to sell its stake in the Brisbane entertainment venture fell through.

An appeals court has declined to revive a negligence case against a solicitor accused by a former client of failing to advise him on key clauses in a rescinded $1.7 million sale contract.

Malaysian real estate investor JLand has teamed up with Hong Kong developer Far East Consortium to explore development opportunities in Australia and Malaysia.

Perth-based fund manager Acure has launched an office trust in a bid to acquire a riverfront A-grade office tower on the fringe of Brisbane’s CBD.

A company owned by pub baron and former KPMG partner Jon Adgemis has lost its bid to set aside a $5 million default judgment over a 2020 loan agreement.