Deals

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. 

Industrial battery manufacturer Battery Energy Power Solutions has boosted its security capability by acquiring Melbourne-based critical infrastructure asset manager accesstel.

An undisclosed Asian investor has acquired a Commonwealth Bank-anchored property in Sydney's south-west for $31.3 million.

Advised by Corrs Chambers Westgarth, uranium producer Paladin Energy has raised $300 million to advance its Patterson Lake South project in Canada.

A consortium led by the investment arm of Abu Dhabi's National Oil Company has dropped a $30 billion takeover bid for oil giant Santos.

The Albanese government has launched a program lo award $500 million in grants for green iron projects, in a move to decarbonise one of the world's most carbon-intensive industries.

Australian Retirement Trust, a superannuation fund which manages over $350 billion in retirement savings, will sink nearly $1 billion into a Macquarie fund that's investing in solar, wind and energy storage projects.

Western Australia has introduced legislation that will allow it to fast-track major projects, as it aims for a more "coordinated, strategic" approach to infrastructure and energy transition investments.