Real Estate

Under proposed reforms to NSW tenancy laws, businesses that publish misleading photographs of rental penalties will face penalties of up to $22,000 and face new requirements for securing renters' personal data.

Jones Day has lured a real estate expert from Clayton Utz to join its Brisbane office as a partner.

The ACT government is pushing for an initial trial dealing with “gateway questions” in a class action over alleged forced relocations of public housing tenants, after it lost a bid to summarily dismiss the case. 

Centuria Capital Group has divested an office block in Sydney’s southern suburbs for $116 million after holding it for nine years.

Brookfield Asset Management has agreed to sell retirement home operator Aveo for $3.85 billion in what's been touted as the largest-ever direct real estate transactions in Australia. 

ASX-listed Investment manager Regal Partners has acquired 50 per cent of real estate investment platform Ark Capital Partners, as well as a five-star luxury hotel in Adelaide for $75 million. 

Fawkner Property Group has acquired a shopping centre in Far North Queensland for $34 million, its third recent shopping centre purchase in the region.

The NSW Land and Environment Court has approved a plan to demolish an apartment building in the harbour-side Sydney suburb of Rushcutters Bay to make way for luxury apartments.

A dispute over a scuppered transaction between the director of collapsed Keystone and the owner of the Marriott Hotel in Venice has been settled.

Pub owner O’Hara Hotel Group has sold the Parkurst Tavern in Rockhampton to a privately owned Queensland pub group for a reported price of $24 million.