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Construction PRO
Self-storage REIT acquires stake in Abacus Storage
Self-storage investor National Storage REIT has acquired a stake in rival Abacus Storage Kings, which is currently mulling a $1.9 billion takeover offer from a rival.
Construction PRO
Roberts Co NSW to be sold to UAE developer Arada Group
Roberts Co NSW is to be acquired by United Arab Emirates builder Arada, a month after the Australian construction business put its Victorian unit in administration.
Construction PRO
Green Critical Minerals in deal to develop graphite for data centres
Green Critical Minerals has signed a deal with Australian data centre operator GreenSquareDC to develop heat management products with VHD graphite.
Construction PRO
Frasers Property in $600M logistics JV with Morgan Stanley’s real estate investment arm
Frasers Property Industrial and Morgan Stanley Real Estate Investing have established a 50-50 joint industrial property venture in Australia valued at $600 million.
Construction PRO
Region Group offloads Sydney shopping centre for $76M
Retail property investor Region Group has sold the Greystanes Shopping Centre in western Sydney for $76 million.
Construction PRO
Clayton Utz signs 12-year lease for new Canberra digs
Clayton Utz has become the latest tenant in a new commercial precinct under development in Canberra's CBD.
Construction PRO
Acciona consortium to work on $5.7B rail project for 2032 Olympic Games
A consortium including Acciona, UGL and others has been selected for pre-construction work on Queensland's Logan and Gold Coast Faster Rail project, which aims to reduce congestion ahead of the 2032 Olympic Games.
Construction PRO
Allens, HSF advise on ACEN’s renewable energy portfolio financing
Big Six firms Allens and Herbert Smith Freehills are the law firm heavyweights behind $750 million in platform financing for ACEN Australia's renewable energy portfolio.
Construction PRO
Cobalt Blue, Iwatani sign deal for Australia’s first cobalt refinery
Cobalt Blue and Japanese conglomerate Iwatani have signed a deal to develop Australia's first cobalt refinery to help meet a supply shortage of the critical mineral, used in lithium ion batteries, caused by the growing demand for electric cars.
Construction PRO
Stockland-led consortium confirmed for Sydney social housing revamp
A Stockland consortium has finalised contracts with the NSW government to lead a major redevelopment of social housing in the inner Sydney suburb of Waterloo.