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Ki Corporation, Public Storage pull $2.2B offer for Abacus Storage King
Real Estate 2025-08-26 11:56 pm By Cat Fredenburgh

A consortium of Ki Corporation and New York Stock Exchange-listed Public Storage has pulled a $2.2 billion offer to acquire Abacus Storage Kings.

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Fire House purchase by Sonnel marks first pub sale in North Sydney in 40 years
Real Estate 2025-08-26 11:47 pm By Christine Caulfield

Hotelier Mark Barry has sold the iconic Fire House Hotel for a reported $35 million, in the first freehold hotel transaction in North Sydney’s CBD in more than 40 years.

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Construction PRO
Maplewood acquires Perth site for student housing development
Real Estate 2025-08-25 11:23 pm By Cat Fredenburgh

Singapore-based developer Maplewood Investments has acquired a 1,398 square metre site in Perth’s CBD to develop a premier 835-bed student housing accommodation.

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Construction PRO
Lendlease scores pharma giant as latest Victoria Cross Tower tenant
Construction 2025-08-22 11:09 pm By Julia Kanapathippillai

Global pharmaceutical company Novartis has become the latest tenant at Lendlease’s Victoria Cross Tower in North Sydney. Novartis ANZ will set up shop across one floor of the building, occupying 1,700 square metres in the mid-rise of the building, Lendlease said Thursday. The skyscraper is more than 30 per cent leased, with 70 percent of…

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Elanor recommends shareholders reject Lederer’s ‘opportunistic’ $284M takeover bid
Construction 2025-08-21 11:42 pm By Cindy Cameronne

Elanor Funds Management has recommended shareholders reject a $284 million unsolicited takeover bid by the Lederer Group, saying the price is “opportunistic” and materially undervalues the commercial property fund. 

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Construction PRO
Former Wallaby snaps up Riverina pub for $50M
Real Estate 2025-08-21 11:03 pm By Sam Matthews

Former Wallabies player Bill Young has bought the Gem Hotel in Griffith for a reported purchase price of $50 million, in a deal which broker HTL Property said set a new record for pub sales.  HTL Property announced on Wednesday that it brokered the deal between publican Jim Knox and former Wallabies player turned businessman…

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Construction PRO
Federal government to foot half of $7.1B bill for Olympics infrastructure
Transportation & Infrastructure 2025-08-20 11:40 pm By Julia Kanapathippillai

The federal government has agreed to cover almost half of the costs for building and upgrading 2032 Olympic Games venues after striking a deal with the Queensland government.

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Marquette acquires Brisbane office tower for $52M
Real Estate 2025-08-20 3:26 pm By Cat Fredenburgh

Real estate investment manager Marquette Properties has acquired an office tower on George Street in Brisbane for $52 million, after scooping up another tower down the street last year for a student accommodation. 

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Construction PRO
EVT scoops up Pro-Invest Hotels for $74M
Hospitality 2025-08-19 11:48 pm By Julia Kanapathippillai

Hospitality group EVT Group has acquired hotel management company Pro-Invest Hotels for $74 million to seed the launch of its own brand management business.

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Construction PRO
Igneo Infrastructure acquires remaining stake in SA wind farm
Energy & Natural Resources 2025-08-18 11:29 pm By Julia Kanapathippillai

Igneo Infrastructure’s Australian renewable energy platform Atmos Renewables has acquired the remaining stake in the 316MW Hornsdale wind farm from Neoen Australia in a $400 million deal.

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