Property developers sue Victorian government for $194m over creation of grassland reserve

Dennis family says the value of land it was selling in 2018 was slashed by the establishment of the reserve

Property developers the Dennis family have demanded about $194m in compensation from the Victorian government, claiming the value of land they owned was slashed by the establishment of a troubled grasslands reserve.

Five companies run by Dennis patriarch Bert Dennis filed claims in the state's supreme court on Tuesday. Dawn Dennis also filed a claim under her own name.