Deals

The federal government has agreed to cover almost half of the costs for building and upgrading 2032 Olympic Games venues after striking a deal with the Queensland government.

Real estate investment manager Marquette Properties has acquired an office tower on George Street in Brisbane for $52 million, after scooping up another tower down the street last year for a student accommodation. 

Hospitality group EVT Group has acquired hotel management company Pro-Invest Hotels for $74 million to seed the launch of its own brand management business.

Igneo Infrastructure's Australian renewable energy platform Atmos Renewables has acquired the remaining stake in the 316MW Hornsdale wind farm from Neoen Australia in a $400 million deal.

Set to power 60,000 homes, a new solar farm and battery energy storage system in Muswellbrook, NSW has won fast-track government approval.

The federal government has given Lendlease the final green light for a three-tower residential development on land adjacent to the Queen Victoria Market after almost a decade of planning. 

Property group Salta has shed its 50 per cent interest in Preston Market to long-standing co-owner Medlich as part of a strategy to expand its build-to-rent business.

Real estate investor Mapletree Logistics Trust has sold its logistics facility in Victoria's Wodonga  for $60 million, saying the hub was no longer in line with its investment strategy.

Developer Deicorp and Metrics Credit Partners are teaming up on a $1.8 billion apartment project in Five Dock in Sydney’s Inner West.