Deals

Hong Kong-based Link REIT has made a play to acquire three of five Lendlease shopping centre assets that comprise a $2.9 billion property fund that are being sold down amid a slew of redemption requests.

Family-owned Marlow Hotel Group has acquired the Silverwater Hotel in Sydney's west for a reported $77 million.

Lendlease has announced it will sell down the assets in an unlisted retail property fund the real estate giant has fought to maintain control over in order to meet redemption requests.

Charter Hall and Investa have secured Bank of Queensland as a long-term tenant at their $800 million office tower at 360 Queen Street in Brisbane.

Mike Cannon-Brookes' SunCable has signed a 70-year land use agreement with Traditional Owners to develop the country's largest solar farm at Powell Creek Station in the Northern Territory. 

Spanish multinational electrical giant Iberdrola has been selected to design and operate the Victoria to New South Wales Interconnector West transmission project, part of the state's pipeline of new energy infrastructure projects.

Mining giant Rio Tinto has put the development of its steel-making decarbonisation technology BioIron on ice, opting instead to invest $35 million into Calix's zero emissions steel technology demonstration plant.

Lendlease has secured $3 billion in new construction work in recent months, the company told investors on Friday.

NVIDIA-backed start-up Firmus has raised $500 million to drive the next stage of its $6 billion nationwide green AI infrastructure project, Project Southgate.

Hong Kong's Link REIT has reportedly made an offer for a half interest in several shopping centres in Lendlease's retail property fund.