Deals

Lendlease has reportedly sold the $900 million Erina Fair shopping centre on NSW's Central Coast, one of the assets that formed part of an unlisted fund the real estate giant has fought to maintain control over.

The Victorian government has chosen a John Holland-led consortium as its preferred bidder to build three new underground stations as part of Melbourne's Suburban Rail Loop project.

An upscale health and wellness facility in Melbourne’s eastern suburbs has been sold to a private investor for $24.65 million. 

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 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. 

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

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.

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

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.