Deals

An undisclosed Asian investor has acquired a Commonwealth Bank-anchored property in Sydney's south-west for $31.3 million.

Advised by Corrs Chambers Westgarth, uranium producer Paladin Energy has raised $300 million to advance its Patterson Lake South project in Canada.

A consortium led by the investment arm of Abu Dhabi's National Oil Company has dropped a $30 billion takeover bid for oil giant Santos.

The Albanese government has launched a program lo award $500 million in grants for green iron projects, in a move to decarbonise one of the world's most carbon-intensive industries.

Australian Retirement Trust, a superannuation fund which manages over $350 billion in retirement savings, will sink nearly $1 billion into a Macquarie fund that's investing in solar, wind and energy storage projects.

Western Australia has introduced legislation that will allow it to fast-track major projects, as it aims for a more "coordinated, strategic" approach to infrastructure and energy transition investments.

Sydney developer Fortis has snapped up a vacant site in Brisbane for $37.5 million for a planned residential development.

Seqwater has revealed the contractors shortlisted to run in a two-horse race to win the contract to design and build the Wyaralong water treatment plant in south east Queensland.

Private hospitality group Oscars has paid $30 million for a Lendlease commercial and retail development in the harbour precinct of Barangaroo.

Infrastructure giant Acciona has been given the nod as the construction partner for the Eyre Peninsula desalination plant in South Australia's Port Lincoln, as states ramp up investment in climate-independent water.