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Construction PRO
Reflecting renewed interest in office assets, property investment company Charter Hall has launched a $147 million unlisted trust for investors to buy into two fully-tenanted office buildings in the ACT and Queensland.
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BP is reportedly set to exit one of the world's largest renewable energy projects, located in the Pilbara, as part of a shift in strategy.
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Cromwell Property Group has sold its remaining 50 per cent stake in an office building in Sydney's Chatswood at the discount price of $87 million.
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The Australian Renewable Energy Agency has committed $44.9 million to support Calix's development of a green steel demonstration plant using its Zero Emissions Steel Technology.
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Property giant Dexus has acquired a 25 per cent stake in Australia’s second-largest regional shopping centre from Scentre for $683 million.
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Malaysian property developer SP Setia is strengthening its presence in inner-city Melbourne, acquiring the largest development site in Carlton for $114 million.
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UK Infrastructure consultancy business Amey is returning to Australian shores after acquiring local consultancy Premise.
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Irish renewable energy developer DP Energy has announced plans to develop a 1,400 WM wind farm in McKinlay Shire, Queensland, citing the project site's "optimal wind speeds" and distance from dwellings.
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Fletcher Building says it has begun exploring divestment options for its construction divisions following a restructure, after confirming inquiries from prospective buyers last month.
Construction PRO
Ashurst has advised renewable energy company AMPYR Australia on a novel equity partnership and participation model with the Aboriginal community for a battery energy storage system in NSW's Central Western Slops region.