Deals

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.

Mutual company Australian Unity has sold the Greensborough Medical Centre and Day Hospital in Victoria to the Property Advisory for $32.5 million.

Macquarie Asset Management has sold its data centre business Aligned Data Centers to a consortium led by BlackRock subsidiary Global Infrastructure Partners in a landmark $61 billion deal.

Leases and certain other land acquisitions will be exempt from the new mandatory merger control regime, in changes announced this week following feedback arising out of the transitional, voluntary phase.

Corrs Chambers Westgarth has advised the Sunshine Coast Airport on financing to support its ambitious terminal expansion project.

Adelaide's historic 150 Rundle Mall has been sold for $10.85 million to National Retail Group, with plans for a large-scale refurbishment.

German energy company RWE has reversed course on its plans to develop a wind farm off the Gippsland cost in Victoria, following a year of feasibility studies.

Spanish infrastructure giant Acciona has dropped its bid to acquire the $500 million East Rockingham waste-to-energy project in Western Australia, after a lengthy review by the ACCC.