Deals

Centuria Capital Group has divested an office block in Sydney’s southern suburbs for $116 million after holding it for nine years.

Brookfield Asset Management has agreed to sell retirement home operator Aveo for $3.85 billion in what's been touted as the largest-ever direct real estate transactions in Australia. 

ASX-listed Investment manager Regal Partners has acquired 50 per cent of real estate investment platform Ark Capital Partners, as well as a five-star luxury hotel in Adelaide for $75 million. 

Builder Richard Crookes has won a contract to rebuild the historic Powerhouse Museum, with two museum buildings found to have unsafe steel structures that will need to be replaced.

Allens has represented a renewable energy joint venture between infrastructure investor Igneo Infrastructure Partners and developer CleanPeak Energy in securing financing.

Fawkner Property Group has acquired a shopping centre in Far North Queensland for $34 million, its third recent shopping centre purchase in the region.

The South Australian government has opened the sales process for the struggling Whyalla Steelworks, saying potential buyers had already shown strong interest.

Pub owner O’Hara Hotel Group has sold the Parkurst Tavern in Rockhampton to a privately owned Queensland pub group for a reported price of $24 million.

EnergyAustralia has entered into a joint venture with EDF Power Solutions Australia to develop the Lake Lyell pumped hydro energy storage project in Lithgow, NSW.

Danish renewables company European Energy has closed a $130 million financing package for two solar projects in Victoria and NSW.