Real estate investment trust Dexus Industria REIT has agreed to acquire two warehouses in Melbourne’s south-east for a combined price of $47.5 million.
Ashurst-represented Snowy Hydro has reached a landmark 15-year virtual tolling agreement with Akaysha Energy for Victoria’s Elaine Battery Energy Storage System, the first battery toll pact for the energy company.
Superannuation fund Aware Super is teaming up with Goodman Group on a $2 billion platform that owns three logistics properties in Los Angeles.
The ACCC has picked up its review into Acciona’s bid to acquire the $500 million East Rockingham waste-to-energy project in Western Australia, after hitting pause last month.
Elanor Funds Management’s board on Friday unanimously recommended that securityholders reject the takeover offer and provided an expert independent report from Kroll Group that concluded the offer of $0.70 in cash per stapled security undervalued the fund.
Housing developer Aspen Group has paid $14.1 million to acquire the remaining stages of the Wallaroo Shores master planned community in South Australia.
Engineering group Monadelphous has won construction contracts valued at $220 million with BHP and Fortescue for mining projects in the Pilbara.
Real estate investment manager JY Group has acquired a 50 percent stake in the Bankstown Central shopping centre in Sydney’s south-west for $318.6 million.
Renewables and energy storage company Edify Energy has been acquired by Canadian pension fund La Caisse in a $1.1 billion deal, which includes investments in two planned solar and BESS hybrid projects.
An ASIC report into private credit has found that commercial property construction and development presents the “greatest potential risk” of impairment or credit loss, as well as being more likely to involve conflicts of interest and opaque fee arrangements.