Deals

Warburg Pincus is expanding its partnership with real estate investment manager Kio to accelerate the development of a $2.5 billion build-to-rent and purpose built student accommodation portfolio in major cities. 

Squadron Energy is poised to expand into battery storage and hybrid renewable energy projects after refinancing its $2.7 billion wind portfolio.

Growthpoint Properties has agreed to sell its Woolworths distribution centre at Perth Airport to Western Australian developer Hesperia for $267.7 million.

Lendlease has sold its 50 per cent stake in two shopping centres in Perth and Brisbane to Cbus Property for around $1.3 billion. 

Macquarie Asset Management is partnering with Anthropic and Singaporean sovereign wealth fund GIC on data centre infrastructure, with the partnership to initially focus on data centres in the US.

Firmus has secured $2.8 billion in equity commitments to speed the rollout of its data centres across Australia, as the AI data centre start-up preps for a debut on the ASX later this year.

Holding Redlich has hired four Melbourne-based lawyers from HWL Ebsworth, including two partners, to bolster its construction team.

Mallesons-represented Quinbrook Infrastructure Partners has obtained financing for the next stage of the Supernode battery energy storage system project in Queensland.

The ACCC has opened a review into whether Merivale's proposed acquisition of Sydney's Sackville Hotel from the Fairfax family could substantially lessen competition in Rozelle's pub market.

Construction company Maas Group has acquired an additional $300 million stake in AI infrastructure company Firmus, executing on its strategy to expand into digital infrastructure after shedding its construction material division for $1.7 billion.