Brookfield has scooped up a 19.9 per cent stake in real estate investment manager Cromwell Property Group.
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.
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.
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.
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.
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.
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.
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.
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.
Receivers for the troubled $500 million East Rockingham waste-to-energy project may have to explore other options after the ACCC expressed competition concerns about Acciona’s bid to acquire the project in Western Australia.