Deals

Real estate investment firm Heitman and developer Erben have acquired a lot from the Western Australian government to develop a 19-storey student accommodation to meet growing demand in Perth.

A 259-hectare greenfield industrial site in Melbourne's north has been sold to Yale Investment Group for $275 million.

Real estate fund manager Charter Hall has reportedly acquired a 50 per cent stake in Sydney's O'Connell Street precinct from the Abu Dhabi Investment Authority for $500 million.

A report released by real estate asset manager Dexus suggests Australia's office market growth is on the upswing after years of stagnation.

Coles Group's proposed leasehold acquisition of a Kalgoorlie supermarket and liquor store site needs further review, the competition regulator said Thursday.

Hong Kong-based investment firm C Capital has enlisted Lendlease to help with the development of a major logistics precinct in Victoria expected to be worth $4.5 billion upon completion.

Sustainability reporting technology company Noviqtech is set to acquire biochar carbon dioxide removal company Coralia, which aims to mitigate AI-related carbon emissions.

Four Sydney venues owned by Jon Adgemis, including the South Bondi Hotel, have sold shortly after being listed, following a declaration that the former KPMG partner-turned-hospitality-mogul is bankrupt.

Perth law firm Lavan has moved its offices to a newly-built high rise in Elizabeth Quay, joining high-profile tenants, including Multiplex, at the prime waterfront site.

The federal government has awarded feasibility licences to three offshore renewable energy projects in Western Australia.