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Construction PRO
‘What’s done can’t be undone’: Judge says alleged Dexus breach seems irremediable
Dexus' denial of a breach of confidentiality in a battle with co-owners of airport operator APAC is unlikely to hold up, a judge has said, and what appears to have been done can't be undone. What the high-stakes row will come down to, he says, is materiality.
Construction PRO
MA Financial to pay $90.4M for real estate investment manager IP Generation
ASX-listed MA Financial will acquire shopping centre-focused real estate investment manager IP Generation for $90.4 million.
Austin Engineering needs more evidence for freezing order against ex-sales rep: court
A judge has denied Austin Engineering’s bid for a $210,000 freezing order against a former sales representative, with a judge finding there was an arguable claim for breach of confidence but no evidence of a claim to more than nominal damages. 
Construction PRO
Centuria, BGO invest $201M in Sydney warehouses
Major industrial landlord Centuria Capital and US-based real estate investment manager BGO have joined forces to break into the tightly held Western Sydney industrial land market, buying out 45,000 square metres of warehouse space in an off-market sale. 
Ashurst winds down Canberra government practice in deal with Thomson Geer
Ashurst has decided to wind down its Canberra federal government practice following a strategic review, with seven partners set to move to Thomson Geer. 
Blackmores faces class action probe into vitamin supplements
A boutique law firm is investigating a potential class action against Blackmores over claims that its supplements contain “potentially toxic” levels of vitamin B6 that could cause injury. 
ASIC accuses Snaffle of hefty price markups, excessive interest charges
Australia's corporate watchdog has taken Snaffle to court, alleging the online retailer inflated prices and charged excessive interest under credit contracts.
IAG’s $855M acquisition of RACQ Insurance cleared by ACCC
The Australian Competition and Consumer Commission will not oppose IAG’s acquisition of RACQI, saying more established insurers will still be able to compete in Queensland.
Construction PRO
Southbank tower developer seeks stay in Crown Group’s suit over stalled project
Developer Infinity wants to stay a case by liquidators of collapsed developer Crown Group seeking to sell the land for their stalled joint venture for a residential tower in Melbourne’s Southbank.
Construction PRO
Shopping centre can’t retain $1.5M after failed $30M land purchase
A Victorian shopping centre has been ordered to pay back $1.5 million to a company that broke a contract for a $30 million land sale.