Real Estate

The corporate regulator has secured orders appointing receivers to a company behind a housing project on Lake Narracan in Victoria's LaTrobe Valley, after telling a court it was concerned more than 100 investors have been misled.

Distributed energy platform Energy Bay will invest $430 million to install solar panels and battery storage at up to 240 properties across Centuria Capital Group's portfolio, supplying electricity to participating tenants under a 30-year agreement.

Gadens has hired two new partners in its fintech and property practices to meet growing client demand.

Coles has won its bid to correct inaccurate information given to the ACCC about supermarket revenue and sales in proceedings challenging the regulator's rejection of its acquisition of leasehold interest in a Kalgoorlie site.

Land lease operator Ingenia Communities has opened its books to Warburg Pincus after the US private equity firm improved its takeover bid to $2.14 billion.

The team from Perth's Chord Advisory -- headed by two former Herbert Smith Freehills Kramer partners -- will join Clayton Utz to strengthen the Big Six firm's infrastructure, construction and real estate practice.

Coles has won its bid to correct inaccurate information given to the ACCC about supermarket revenue and sales in proceedings challenging the regulator's rejection of its acquisition of leasehold interest in a Kalgoorlie site.

A local council has rejected Centuria's proposal for an expanded data centre in Clayton, Victoria. 

Real estate agency Belle Property is suing its Sandringham branch, alleging the franchisee is threatening to breach its agreement and good faith obligation by jumping to a new franchise network.

Property investor Payton Capital has largely defeated a former state manager's case, with a court finding his disclosures about two investments were not a substantial or operative factor behind his dismissal.