Real Estate

Melbourne developer Dahua has filed proceedings against a furniture company claiming it is owed $3.4 million in unpaid invoices and development fees for a luxury residential development in Hawthorn. 

Ashurst has relocated its Sydney office to 39 Martin Place, creating a work space across eight sprawling floors that features flexible and collaborative work arrangement and dedicated client floors.

Explosives company Dyno Nobel has entered into a $194 million contract to divest land on Gibson Island in Brisbane, reportedly selling the site to property investment giant Goodman Group. 

Castle Group has acquired a 41.32 hectare landholding in Western Sydney's Austral region for $119.5 million.

Rugby team the Sydney Roosters has purchased a 26-room UKO co-living apartment block in Paddington in Sydney's east.

Real estate funds manager Centuria has acquired a $33 million warehouse in Melbourne's west, as part of its partnership with US private investment firm Starwood Capital.

A developer seeking to redevelop the site of the Hyde Park Inn has lost its bid for an extra 15 months to pay up over $95 million to the NSW branch of the RSL to settle the purchase, but a judge has handed it a win in the process for determining the final price tag for the deal.

Coombes Property Group has been awarded $200 million in compensation for Sydney Metro’s compulsory acquisition of its CBD property, despite contending it was entitled to $430 million.

Adelaide real estate group Taplin has acquired the Kurralta Park Village shopping centre from Coles, with the supermarket giant reselling the site for a $1 million profit after just 2 years.