The global investment group has sold assets in WA and Queensland to Cbus Property, in one of the largest retail transactions of the year.
Iris Residential boss Simon Trevisan has lost his bid to overturn a settlement agreement in a dispute with lenders over his alleged $40 million debt.
The Supreme Court of Western Australia recently ordered Mr Trevisan to pay MCH Claremont and MCH Booragoon their legal costs, $90,000, and accrued interest.
MCH Claremont and MCH Booragoon were financiers for Iris’s property projects at Claremont Oval and Booragoon, advancing loans of about $19 million and $11 million, respectively.
