Deals

A Potts Point hotel previously owned by former pub baron Jon Adgemis has reportedly been sold to hospitality group Oscars for $20 million.

Arafura will proceed with development of a landmark rare earths project in the Northern Territory, following Australia's deal with the US to shore up the countries' critical minerals supply chain.

Investment management company Gateway Capital has acquired an industrial property in Western Sydney from US-based real estate platform Greystar for a reported $78 million. 

Magic Circle firm Clifford Chance, which boasts one of the leading projects and energy transition teams in the UK, is deepening its expertise in Australia, hiring a lawyer from HSF Kramer to build an environment and planning team. 

The Victorian government has approved an environment effects statement for WestWind Energy's Warracknabeal energy park, which will be the largest wind farm in the Southern Hemisphere.

Woodside may exercise its pre-emption rights to block Inpex's acquisition of PetroChina's interest in the Browse Basin gas joint venture off the coast of Western Australia.

Vicinity Centres will pay $400 million to acquire the Eastern Creek Quarter retail precinct in Western Sydney from Frasers Property. 

Fletcher Building has sold a South Australian industrial property to an unnamed investor for $20.05 million.

Alternative investment manager Alceon has launched what could become a multi-billion-dollar data centre investment fund, starting with a strategic $100 million investment in Melbourne-based data centre developer and operator INSITE DC.

McCullough Robertson has lured a partner from Ashurst who has advised the Queensland government on the 2032 Olympic Games.