Deals

Two groups have been shortlisted for the final tender in stage one of the Melbourne Airport rail project, part of Victoria's ambitious Big Build infrastructure plan.

A unit of Wheaton Previous Metals has entered into an innovative $424 million (US$300 million) agreement that will help fund the construction of KGL Resources' Jervois copper project in the Northern Territory. 

Real estate investor Charter Hall Group has received a $1.2 billion diversified direct property mandate from an institutional client, increasing its assets under management.

Digital infrastructure company Goodman Group is partnering with US data centre operator DataBank to build a 32MW hub in Los Angeles.

NextDC has issued a $1 billion wholesale securities offer to finance its growth, as the global data centre business booms on the back of an AI frenzy.

Property developer Ascot Capital has acquired a Queensland industrial portfolio from construction materials company Wagners in a $43 million leaseback deal.

Star Entertainment has finalised the first stage of the sale of its stake in Queen's Wharf Brisbane, disposing of its interest in owner Destination Brisbane Consortium to its Hong Kong joint venture partners.

Alinta Energy has secured a long-term power purchase agreement with the state of Western Australia for what will be the state's largest wind farm.

The Minns government has fast-tracked 15 data centre projects worth $51.9 billion and promised to articulate the values that will guide future decision-making amid concerns about protecting national interests amid the data centre boom. 

With the countdown underway for the 2032 Brisbane Olympics, two architectural firms have been awarded contracts to design centrepiece stadiums for the Games.