Retail billionaire Brett Blundy's Aventus Group has had the last laugh in a long-running leasing dispute with the founders of listed mall rival Home Consortium, after the large-format landlord successfully appealed against a decision that went against it in August last year.
The dispute related to Home Consortium's pre-IPO plans to sub-lease a former Masters Home Improvement warehouse within the Aventus-owned Cranbourne Home homemaker centre in Melbourne's south-east to Amart Furniture.
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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
