Deals

The federal government has approved a battery energy storage system in the Western Downs region in Queensland in just 19 days.

GPT Group will put down $850 million for a 50 per cent interest in the Grosvenor Place office tower in Sydney's CBD, amid an improved outlook for the country's official fundamentals.

Electricity company Tilt Renewables has won government approval for a 40 MW wind farm in Western Australia's Wheatbelt.

Lendlease has reportedly sold the $900 million Erina Fair shopping centre on NSW's Central Coast, one of the assets that formed part of an unlisted fund the real estate giant has fought to maintain control over.

Regis Healthcare has acquired two new aged care homes in regional Victoria for $45 million to meet growing demand for its services.

The Victorian government has chosen a John Holland-led consortium as its preferred bidder to build three new underground stations as part of Melbourne's Suburban Rail Loop project.

An upscale health and wellness facility in Melbourne’s eastern suburbs has been sold to a private investor for $24.65 million. 

Australia has reached an agreement with the US for the supply of critical minerals and rare earths amid increasing competition with China, starting with projects in Western Australia and the Northern Territory. 

Receivers for Jon Adgemis' Public Hospitality Group are planning to put the South Bondi Hotel on the market by the end of the year.

Australia's largest super fund has launched a new real estate asset platform in the UK, aiming to be one of the country's top rental home operators in the next five years.