Real Estate

A lawyer for ASIC has told a judge that $300 million in Shield Master Fund investments intended for property developments appear to have been diverted for other purposes.

A court has dismissed a bid to temporarily block a deed of company arrangement for Halo Tower developer FT Sydney, after hearing an injunction might jeopardise a sale to Cbus Property, set to settle in July.

The forced divestiture of Dexus' stake in airport operator APAC will proceed, after a court on Friday discharged injunctions temporarily blocking the sale amid a dispute over the disclosure of confidential information.

The NSW Land and Environment Court has refused to sign off on a residential development in Sydney’s west, citing concerns the proposal would create 50 metres of “wall to wall towers”.  

More parties have joined the land acquisition compensation dispute between Victoria and the joint venture owners of Pakenham Place Shopping Centre, a court heard Thursday.

Thomsons has lured an employment partner from MinterEllison and a commercial property partner from Finlaysons to join its team in Adelaide.

Thomsons has lured a commercial property partner from Finlaysons to join its team in Adelaide.

A new $16 million day hospital built below a Fitness Cartel in Perth's Osborne Park has succeeded in maintaining an injunction against the gym, granted after the hospital reported that constant noise and vibrations were disrupting medical procedures.

Clive Palmer's resort company Palmer Leisure Coolum has entered a guilty plea to one count of breaching takeover law arising from the proposed acquisition of The President’s Club.

Promotion season continues, with Arnold Bloch Leibler welcoming two real estate solicitors to the partnership, along with two M&A lawyers.