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Indigenous group to get cut of profits in first-of-its-kind BESS deal
Energy & Natural Resources 2025-07-21 11:47 pm By Julia Kanapathippillai

Ashurst has advised renewable energy company AMPYR Australia on a novel equity partnership and participation model with the Aboriginal community for a battery energy storage system in NSW’s Central Western Slops region.

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Brookfield scoops up 19.9% interest in Cromwell Property Group
Real Estate 2025-07-21 11:55 pm By Cat Fredenburgh

Brookfield has scooped up a 19.9 per cent stake in real estate investment manager Cromwell Property Group.

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$800M investment in Aliro Group’s industrial vehicle by Canada pension fund
Real Estate 2025-07-21 11:26 pm By Christine Caulfield

Joining CBRE Investment Management in fast-tracking developer Aliro Group’s flagship industrial vehicle, Canadian super fund PSP Investments has committed up to $800 million for investment.

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Kaloriziko appeals ruling on Ryde development offset
Construction 2025-07-21 1:10 pm By Cat Fredenburgh

Developer Kaloriziko has appealed a ruling which rejected its claim that a property deal involving related parties extinguished a $2.12 million liability to a builder on the ‘Sky Gardens’ residential development in Ryde, NSW.

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Abacus Storage grants due diligence to consortium behind $2.2B takeover offer
Real Estate 2025-07-21 12:59 pm By Cat Fredenburgh

Abacus Storage Kings will open its books for a consortium of Ki Corporation and New York Stock Exchange-listed Public Storage, which lobbed a $2.2 billion takeover offer last week.

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Construction PRO
Atlantic Nickel can’t dodge new version of mining company’s $1B case
M&A 2025-07-18 11:51 pm By Christine Caulfield

Atlantic Nickel has lost a challenge to further amendments to a case by failed suitor Mining Services International that alleges it lost the opportunity to purchase a Brazilian mine now valued at over $1 billion.

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Whitehaven wins fight with enviro groups over climate risk docs
Energy & Natural Resources 2025-07-18 11:59 pm By Sam Matthews

Whitehaven Coal, which is locked in a fight with two conservation groups over the Winchester South coal mine in Queensland, has fought off an application for disclosure of internal climate risk documents created by a related entity.

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Alceon picks up Gold Coast shopping centre for $142M
Real Estate 2025-07-18 11:10 pm By Julia Kanapathippillai

Investment firm Alceon and retail consultancy Aktiv have acquired major Gold Coast shopping centre The Strand Coolongatta for $142 million, with plans to upgrade the site.

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Construction PRO
Frasers exits ‘challenging’ Melbourne CBD market with $195M office tower sale
Real Estate 2025-07-18 11:50 pm By Christine Caulfield

Singapore-based real estate investment manager Frasers has offloaded an office tower on Melbourne’s Collins Street for $195 million in a strategic exit from the city’s “challenging” office sector.

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Construction PRO
Builder banned for five years after leaving 300 creditors out $94M
Construction 2025-07-18 11:48 pm By Julia Kanapathippillai

A former director of three construction companies that collapsed with debts of almost $94 million has been banned by the corporate watchdog from managing corporations for five years.

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