Melbourne City Council has approved the sale of an eight-storey car park on Little Collins Street to Merivale, which wants to convert the site into a hospitality hub.
ASX-listed Region Group has sold East Warrnambool Shopping Centre in Victoria for over $20 million in an off-market sale, underscoring investor interest in retail assets.
The Douglas Menzies Chambers in Melbourne’s CBD is expected to fetch $25 million, as the iconic legal offices are opened up for sale for the first time in over 30 years.
Gold producer Black Cat has acquired Westgold’s Lakewood processing facility located just outside Kalgoorlie for $85 million.
Renewable energy company Amp Energy has requested more time to exercise its option to purchase land in South Australia for the development of its Cape Hardy advanced fuels precinct.
UK battery developer Pacific Green has sold its Limestone Coast North energy park in South Australia to Palisade Investment Partner’s Intera Renewables for $460 million.
Developer AVJennings said it is mulling competing takeover offers by Singaporean developer Ho Bee Land and private equity-backed AVID Property Group.
Nine-owned Australian property marketplace Domain is weighing up a $2.7 billion cash takeover offer from US-based CoStar Group, which snapped up a 16.9 per cent share in the company on Thursday.
ASX-listed Stockland has secured two new logistics deals with global investment firm KKR and property investor M&G Real Estate worth a total of $800 million.
Engineering, construction and management firm Bechtel has been selected as Perth Airport’s capital portfolio partner for its $5 billion airport expansion project.