KKR makes $603M investment in HMC renewables project

Investment firm KKR is teaming up with asset manager HMC Capital, investing up to $603 million in a project devoted to wind and battery assets. 

Mitsubishi Estate Asia to sell 49.9% stake in Stockland partnership

Real estate investor Mitsubishi Estate Asia is divesting its 49.9 per cent interest in the Stockland Residential Rental Partnership amid what its broker says is "surging" interest in the land lease communities sector in Australia.

Maas Group sells unit to Heidelberg Materials for $1.7B

Maas Group Holdings has sold its construction material division to Heidelberg Materials for $1.7 billion, vowing to use the proceeds of the sale to invest in AI and digital infrastructure assets after acquiring a minority stake in AI data centre company Firmus.

Octopus acquires renewables projects in NSW, Qld

Renewables investor Octopus Australia has acquired a battery energy storage system in NSW and a solar farm and battery project in Queensland, expanding its $16 billion renewables portfolio.

Charter Hall pays $152M for stake in WSU’s Parramatta campus

Property investor Charter Hall has dropped $152 million for a 50 per cent stake in Western Sydney University's Parramatta campus. 

Defence department to divest $2B from estate after audit

The government has announced that it will divest 67 defence properties following an audit which found that much of the estate was underutilized and in a state of disrepair.

Heitman, Erben nab Perth site for student housing development

Real estate investment firm Heitman and developer Erben have acquired a lot from the Western Australian government to develop a 19-storey student accommodation to meet growing demand in Perth.

Property investment group Yale lands Epping logistics park for $275M

A 259-hectare greenfield industrial site in Melbourne's north has been sold to Yale Investment Group for $275 million.

High Court won’t hear appeal by prefab home builder

The High Court has declined to grant special leave to a prefab home builder that was hit with $500,000 in damages for engaging in misleading and deceptive conduct by convincing a couple to vary their contract to allow the use of cladding they had previously rejected.

Star largely loses case against Buildcorp over casino refurbishment

Star Entertainment has come up short in its $4 million case against Buildcorp Group over alleged defective construction and refurbishment work on the gambling giant's Sydney casino.

Mondium dragged to court over $48M Rio Tinto contract

A joint venture of Monadelphous and Lycopodium faces action by the administrators of construction company WBHO over a $48.4 million contract for the extension of Rio Tinto's iron ore processing plant in Western Australia's Pilbara region.

Developer can’t halt ACT retirement village review pending appeal

A developer with plans for a retirement village on part of the Federal Golf Course has lost a bid for an interim stay of a tribunal proceeding by a community group opposed to the project.

Sydney townhouse project a case of ‘overdevelopment’, court says

A court has rejected a developer’s plans for a Sydney housing development, finding its cramped townhouses would provide little amenity to future residents and encroach upon an endangered environment site.

Gina Rinehart denies contract with landowner in dispute over fence

Mining magnate Gina Rinehart has argued she should be dismissed from a dispute with a neighbour at her Sundown Valley cattle station over a fence, with the neighbor telling a judge no lawyer will represent her in the dispute with the billionaire.

Commonwealth can’t strike out chunks of council’s PFAS suit

The government can't strike out key claims from a Queensland local council's suit over PFAS contamination allegedly caused by its activities at an aviation centre, with a judge rejecting arguments about the impermissibility of an aggregated pleading of knowledge.

Acciona can’t access Kanadevia Inova docs in waste-to-energy spat

A judge wants more information before allowing Acciona employees to access documents from the company's Swiss rival and co-defendant in a dispute over the receivership of the East Rockingham waste-to-energy project. 

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