Real Estate

ASX-listed Region Group has sold East Warrnambool Shopping Centre in Victoria for over $20 million in an off-market sale, underscoring investor interest in retail assets.

The Douglas Menzies Chambers in Melbourne’s CBD is expected to fetch $25 million, as the iconic legal offices are opened up for sale for the first time in over 30 years.

Gold producer Black Cat has acquired Westgold’s Lakewood processing facility located just outside Kalgoorlie for $85 million. 

Renewable energy company Amp Energy has requested more time to exercise its option to purchase land in South Australia for the development of its Cape Hardy advanced fuels precinct.

Nine-owned Australian property marketplace Domain is weighing up a $2.7 billion cash takeover offer from US-based CoStar Group, which snapped up a 16.9 per cent share in the company on Thursday.

ASX-listed Stockland has secured two new logistics deals with global investment firm KKR and property investor M&G Real Estate worth a total of $800 million. 

A class action on behalf of people who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney has won a dispute with the liquidator for the collapsed developer.

Investment fund Gateway Capital has partnered with two overseas funds to acquire the Connect Central logistics centre in western Sydney, purchasing the property from Brookfield for $330 million. 

Property developer Goodman Group is seeking to raise $4.4 billion to fund its investments in data centres, as demand increases from the expanded use of cloud computing and artificial intelligence.