An investment company has sued the developers of One Richardson for alleged loss and damage, two years after the parties settled a court dispute over the $80 million project.
Singapore company Sincap Group has announced a settlement of its long-running commercial dispute with three directors of Perth property developer Devwest Group.
Two student accommodation projects in Northbridge have moved closer to being built, after Devwest Group applied for approval to repurpose Telstra's headquarters, and Stirling Capital lodged paperwork for early works at its Stirling Street proposal.
Telstra's administrative headquarters on Stirling Street has been sold and the new owner, a private equity player from China, plans to redevelop it into a 500-bed student accommodation facility, the second such proposal for the area.
