Real Estate

A Victorian solicitor guilty has been found guilty of professional misconduct for over-promising on the prospects of success of a proposed property investment class action, which was never brought.

A judge has tossed a nuisance claim by the Perth Day Hospital against its neighbour Fitness Cartel, finding its use of the property for "hypersensitive" surgery and medical procedures was not an 'ordinary use' protected by nuisance law.

The High Court has declined to review a ruling from the Victorian Court of Appeal that found domestic building insurance policies do not respond to when a defect arises, but rather to when loss or damage is suffered.

AsheMorgan principal Michael Rothner has defeated a suit by a member of the Waterhouse horseracing dynasty over the $26 million sale of a Rose Bay mansion, with a judge finding Rothner did not breach the agreement by authorising the removal of trees on a neighbouring property to improve his harbour views. 

The ACCC has opened a review into whether Merivale's proposed acquisition of Sydney's Sackville Hotel from the Fairfax family could substantially lessen competition in Rozelle's pub market.

US real estate firm Savills has failed to summarily dismiss a lawsuit alleging sexual harassment, which a judge said if true "indicated a culture of discriminatory sexist behaviour of a serious kind".

US real estate firm Savills has failed to summarily dismiss a lawsuit alleging sexual harassment, which a judge said if true "indicated a culture of discriminatory sexist behaviour of a serious kind".

Developer Urbex has launched proceedings seeking the return of a $2.85 million deposit on a $59 million contract to buy a development site in Melbourne's east, saying it validly terminated the agreement after an adverse contamination and geotechnical report.

United Cinemas has secured interim relief blocking its landlord from terminating its lease at the Craigieburn Central cinema in Victoria.

Former Keystone Asset Management director and developer Paul Chiodo is accused of raising more than $1.5 million from unwitting investors for a purported property fund that was secretly used to cover his legal fees in ASIC's enforcement action.