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Clifford Chance, Kennedys elevate partners with real estate, infrastructure chops
As part of their global partnership promotions, Clifford Chance and Kennedys have elevated three Australian lawyers with expertise in real estate, infrastructure, and property insurance.
Construction PRO
ISPT loses challenge to $20M duty after revenue office aggregates deals
A court has dismissed a challenge by ISPT to a $20 million tax assessment by the NSW State Revenue's Office over two acquisitions that increased its stake in Fort Street Real Estate Capital Fund.
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Gadens adds 2 real estate, construction partners in latest hiring round
Gadens has brought on eight new partners, building out its offering for in-demand practices like corporate, financial services and real estate and construction.
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IFM Investors sheds Melbourne industry park for over $100M
IFM Investors has sold Scoresby Industry Park in Melbourne's east to Hale Capital Partners for more than $100 million.
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Dexus flagship fund gets $600M capital injection
Dexus has secured more than $600 million in new capital investments for its flagship fund, including $500 million from a first-time superannuation investor in the fund. 
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Resources Australia loses appeal in Tasmanian Ports lease fight
An appeals court has upheld a finding that Tasmanian Ports had a right to kick wood pellets manufacturer Resources Australasia off leased property after it erected an awning structure without permission. 
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FSM liquidators sue Ray White, Mallesons after losing bid for emails
Defunct developer FSM must hand over transcripts of examination proceedings by its liquidators in a new case against Ray White Capital, Mallesons and others after the liquidators lost their bid for unreacted emails related to financing for an Ashfield development. 
OAIC finds 2Apply collected excess personal info from renters
The Office of the Australian Information Commissioner has found rent tech platform 2Apply unfairly collected excessive personal information about rental applicants in its online rental forms.
Construction PRO
Judge tosses unconscionability claims by parents of Luxcon boss
The parents of Luxcon boss Ilya Melnikoff have failed to convince a judge they should not have to pay back a mortgage and guarantee to lenders who gave their son's companies a $13.9 million advance to buy property in Byron Bay and a $3.8 million tax-related loan.
Construction PRO
Goodman sheds Sydney industrial sites as it eyes data centre growth
As it bets on the growth of the global data centre market, industrial real estate group Goodman has sold off two Sydney warehouses for a reported $438 million to property investor Aliro.