Deals

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.

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.

Abergeldie Complex Infrastructure has been awarded a contract by the NSW government to construct the $100 million Pitt Town bypass in Sydney's outer north west.

Affordable housing developer Aspen Group has entered into a conditional contract with lithium giant Albemarle Corporation to buy a 18 hectare accommodation complex in Australind, Western Australia.

US investment firm Stonepeak will acquire a 40 per cent interest in Woodside's Louisiana liquefied natural gas project, in a deal worth $5.7 billion.

Acciona, Cobra and Endeavour Energy have been appointed to design and operate the Central-West Orana Renewable Energy Zone in NSW.

Property group AVJennings has accepted a trimmed $365 million takeover offer from private equity-backed AVID Property after failing to receive a binding offer from Singaporean developer Ho Bee Land.

Japanese property group Daibiru Corporation has made its second investment in Sydney, acquiring a CBD office tower from real estate investment manager Investa.

Domain has announced it will recommend shareholders vote to approve a takeover by US real estate company CoStar that values the real estate listing site at $2.8 billion.

Herbert Smith Freehills has advised government-owned green bank the Clean Energy Finance Corporation on its $160 million co-investment in sustainable construction projects.