Deals

Explosives maker Orica is poised to move forward with construction on a renewable hydrogen facility in the Hunter Valley that has received hundreds of millions of dollars from the government, which hopes to export renewable hydrogen and ammonia from the hub.

PGIM’s Real Estate Investment Group and private equity manager Assembly Funds Management have teamed up to acquire the Ed.Square Town Centre in south-west Sydney from Frasers for $248 million.

Amazon has signed another power purchase agreement with European Energy for its Winton North solar and battery project in Victoria, adding to the $2.8 billion the tech company has invested in Australian renewable projects since 2020. 

AI infrastructure company Firmus has entered into a long-term electricity supply agreement with energy trading company Gunvor to support two data centre projects in South Australia.

Coles Group's proposed acquisition of a leasehold interest in a Kalgoorlie supermarket and liquor store site would substantially lessen competition in the retail supply of groceries in the region, the competition cop says.

Clifford Chance has hired the head of Mallesons' real estate group and his team of five to lead its growing real estate practice in Australia, on the heels of hiring lawyers from Pinsent Masons and HSF Kramer to kickstart its construction and environment teams.

Colin Biggers Paisley is beefing up its property and development group, promoting two property lawyers to its partnership and hiring two more. 

Corrs Chambers Westgarth has followed other firms in bolstering its projects offering with its latest partner promotions, with two of the firm's four new partners boasting expertise on complex energy and infrastructure projects.

BKC Australia and Mitsubishi Estate outfit MEC Global Partners Asia have joined forces to acquire the Cumberland Industrial Estate in Smithfield, Sydney, for $127.5 million from Goodman.