Real Estate

Controversial rezoning plans by the NSW government aimed at increasing housing by more than 9,400 homes will allow 34-storey residential buildings in Sydney's east, according to a draft proposal released Tuesday.

Macquarie Asset Management has acquired half of Aware Super’s Victorian land registry stake, with law firm Allens advising the superannuation fund on the deal.

A class action against Mulpha over a 683-lot development in Glenmore Park will discontinue stigmatisation claims, with property damage claims still remaining, a court has heard. 

A company that says it loaned millions to the owner of a Brighton property has sued HWL Ebworth for negligence, alleging the firm failed to advise on “patent ambiguity” in a loan agreement that caused it to lose $2 million. 

Ingenia Communities has rejected a $1.9 billion unsolicited takeover offer from private equity firm Warburg Pincus, saying it undervalues the company.

A fight over the sale of Dexus' shares in Melbourne Airport operator APAC “may well” go to the High Court, a judge said Friday, as the infrastructure asset manager tells the court the sale may be in the “many billions of dollars".

A group of owners at The Towers in Elizabeth Quay has sued Hong Kong-based developer Far East Consortium over alleged defects in the building. 

A contradictor will weigh in on an $18 million settlement in a class action by Sydney homeowners, even though the funder and law firm have agreed to a cut from their deductions, which would have left just 20 per cent of the settlement for group members.

A director of Forte Sydney Constructions says she chased iProsperity "every day" for $6 million in unpaid construction costs for a Ryde residential project, as trial kicks off in a case by the defunct developer's liquidator.

Carroll & O’Dea Lawyers has brought on a partner and his team from Herro Soliciors to expand its commercial property and leasing practices.