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Construction PRO
A court has overturned a council decision to refuse a 68-unit development on the NSW Central Coast backed by millionaire entrepreneur Tony Denny, finding that risks to native wildlife could be mitigated.
A judge has thrown out a class action led by the father of famed mining investor Nathan Tinkler over claims ASX-listed Whitehaven Coal failed to fulfil an implied term of a $150 million share subscription.
Construction PRO
Singapore's OUE Real Estate Investment Trust has expanded into Sydney's CBD office market with the purchase of a 19.9 per cent interest in Salesforce Tower from Mitsubishi Estate Asia.
Newcastle University has hit back at a class action over an unaccredited engineering degree, saying students can still get jobs and it is a simple “administrative” task to become members of the professional body for engineers.
Construction PRO
A suit against the City of Sydney and Transport for New South Wales alleging that a new cycleway on Oxford Street is discriminatory has been gutted, with a court substantially striking out the pleading.
ASX-listed Mayne Pharma has taken US drug maker Cosette to court seeking "substantial damages" over the termination of their $672 million merger.
Construction PRO
ASX-listed Vicinity Centres has secured full ownership of Uptown Shopping Centre in Brisbane's CBD after agreeing to purchase IFM Investor's 75 per cent stake for $212 million.
A judge ordered Westpac's CEO to front court over the "unconscionable" actions of mortgage subsidiary St George Bank in refusing to reverse an adverse credit record from a customer short $44.11 on her mortgage payments.
Construction PRO
The film producer behind Angel Baby, Rabbit Proof Fence, and Romper Stomper has been ordered to sell his shares of a property development joint venture he founded with his neighbours.
Construction PRO
Family-owned builder Novati Constructions has entered voluntary administration with hopes of reaching a deal with creditors to restructure the company.