Real Estate

ASX-listed MA Financial has acquired a 50 per cent stake in The Glen Shopping Centre in Melbourne’s south-east for $327.5 million.

The ACCC has hit back at Coles’ challenge to the regulator’s rejection of its Kalgoorlie, WA land acquisition, slamming as too narrow the competition test advanced by the supermarket giant.

A company controlled by Paul Chiodo has lobbed a $200 million suit targeting City Built director Roberto Filippini, with the former Keystone director joining the company's liquidators in chasing millions in alleged misappropriated development funds.

A judge has ruled that reality television personality Venous Behbahani-Clark was not validly gifted a $2 million Toorak home by her sister and the sister's ex-husband Alex Waislitz, resolving proceedings the judge called lengthy and disproportionate.

The Northern Territory's public housing authority can amend its defence in a class action alleging it failed to maintain habitable housing in remote Aboriginal communities to allege that tenants failed to keep housing "reasonably clean".

REA Group's listings site will no longer require agents to provide it with all or most of their listings, after the ACCC expressed concerns the restrictive contract terms could breach competition laws.

In a sign of rebounding optimism in the office property sector, real estate investment trust GPT Group has picked up a Brisbane tower in the CBD's Golden Triangle precinct for $380 million.

Listings site realestate.com.au will no longer require agents to provide it with all or most of their listings, after the ACCC expressed concerns the restrictive contract terms could breach competition laws.

The developer behind a Shellharbour mixed-use development has defeated a suit seeking to make him personally repay a company debt, in a dispute a judge called a “cautionary tale” about side deals.

The grand-niece of billiards champion Walter Lindrum has won more time to file submissions in her dispute against a Time & Place subsidiary over its redevelopment of the historic Hotel Lindrum into a 27-storey commercial tower.