Transportation & Infrastructure

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.

New federal fuel cost pass-through laws are expected to generate uncertainty in the construction industry, according to partners in Corrs Chambers Westgarth's leading construction practice group, who say the reforms may apply more widely than anticipated. 

HSF Kramer has appointed four new partners in Australia with expertise in major projects, energy and infrastructure amid a boom in large-scale energy and infrastructure projects.

A judge said Tuesday evidence in a case over the sale of a stake in Melbourne Airport's operator might justify a finding that shareholder Dexus acted unethically and immorally. But whether such a finding was relevant to the validity of a default notice at the centre of the suit is another matter.

APAC issued a default notice to Dexus' infrastructure fund manager for a purported breach of a shareholder agreement during a share sales process to "get rid of" it, a trial has heard.

Glencore has failed on appeal in a case against Port of Newcastle, with an appeals court finding the coal company could not rely on submissions in litigation leading up to a final determination of the port's access charges.

Previewing Monday's closing arguments in its legal tussle with the operator of Melbourne Airport, co-owner Dexus says it won't deny a long-term model given to potential share purchasers was confidential. But here's the kicker -- the disclosure didn't run afoul of its shareholder agreement, it says.

T Corp's representative on the board of Melbourne Airport operator APAC said Thursday he voted to issue a notice of default to shareholder Dexus in part because the real estate asset manager "appeared to prefer its own interests".

Global infrastructure manager Palisade Investments has scooped up a battery energy storage system under construction 50 kilometres from Adelaide, which has already secured a long-term tolling agreement with Origin Energy.

Pointing to the "number of downloads in the data room", a director of Melbourne Airport's operator has told a court his concerns about information falling into the hands of international airlines during Dexus' share sale were real.