land

Woolworths and Bunnings Fight for Land


Woolworths' (ASX:WOW) is fighting for land for its home renovation development project. According to hardware industry experts, hazy laws on planning and not enough sites are proving to be the biggest roadblocks to Woolies and other major retailers' hopes.

Sunland Group may Face Legal Action over Land Purchase


Sunland Group (SDG) may face legal actions from Dubai based Real Estate development company Nakheel in the United Arab Emirates over a transaction involving land purchase which sent two Australians to jail. Ex-Nakheel employee Matthew Joyce and Marcus Lee have already spent nine months in jail on fraud allegation and got released on bail. The transaction is related to the purchase of waterfront land in Dubai during the year 2007.

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