Real Estate

Coles’ proposed acquisition of a leasehold interest for a new Kalgoorlie supermarket will push the local IGA store out of the market, a tribunal has been told.

REA Group has been ordered to produce communications with Deloitte in a lawsuit over a promotional claim that rival real estate listings company Domain says is misleading.

A judge tasked with calculating damages owed former HWL Ebsworth client Gregory Lindsay-Owen has adopted a referees' report over his protests, saying it was open to the referees to refuse a $4.4 million tax adjustment. 

Singaporean real estate investor OUE REIT is increasing its stake in 180 George Street, a 55-storey Sydney office tower whose tenants include Salesforce, TikTok and Jones Lang LaSalle.

AVID Property Group has moved ahead of Warburg Pincus in a contest to acquire Ingenia Communities, securing access to the housing and holiday park operator’s books with a $3.2 billion takeover offer that would also require Ingenia to abandon its acquisition of developer Peet.

Starbucks has prevailed in a bid by a landlord of the coffee chain's Ripley, Queensland outlet to set aside a demand for $450,000 as part of a rent dispute.

Mirvac has sold two office towers and an adjoining car park in Brisbane’s CBD to investment manager Alceon for $124 million.

The company that paid $60 million for bankrupt Jon Adgemis' Noah's Backpackers hotel in Bondi Beach has been ordered to cough up $6 million in GST refunds to a Singapore special purpose vehicle that arranged a loan for the purchase.

A judge has awarded investment firm Merricks Capital $46 million in its lawsuit against tech entrepreneur Peter Crown and his wife over a loan to purchase land in the Southern Highlands.

A real estate partner who specialises in advising on residential developments has left Colin Biggers & Paisley for Maddocks.