Amazon will invest $20 billion in Australia’s data centre infrastructure over the next five years to support the country’s AI transformation.
Rail operator Aurizon has secured agreements with BHP to provide logistics for the mining giant’s South Australia copper operations over the next 15 years, estimating total revenues of $1.5 billion.
The NSW government has announced an additional $835 million investment in Western Sydney’s Aerotropolis, which the government expects will become a “thriving economic centre” with its proximity to the city’s new airport.
Brookfield has shed 23.2 per cent of the stapled securities in major coal exporter Dalrymple Bay Infrastructure, but remains the major shareholder, retaining a 26.25 per cent interest in the venture.
Private credit supporting Australian real estate could grow by 80 per cent over the next five years, largely fueled by increased residential development lending, according to forecasting by CBRE.
While parts of the business have been placed in administration, Roberts Co has been selected as development manager and early contractor for a project on Sydney’s Macquarie Street.
Johns Lyng Group confirmed Wednesday it had received a takeover offer from Pacific Equity Partners for an undisclosed sum and has granted the private equity firm an exclusivity period to undergo due diligence.
Ashurst and King & Wood Mallesons are working behind the scenes on the proposed union of long-time partners Brickworks and investment house Washington H. Soul Pattinson, a merger that shows capital markets are ready to back big deals, one lead lawyer says.
Fletcher Building has confirmed it has received inquiries from prospective buyers of its businesses, including its construction division.
Entertainment giant EVT has put its landmark Sydney CBD Event Cinemas complex on the market.