Deals

Explosives company Dyno Nobel has entered into a $194 million contract to divest land on Gibson Island in Brisbane, reportedly selling the site to property investment giant Goodman Group. 

Petrol giant Ampol has announced it is exiting the retail electricity market in Australia and New Zealand, divesting its assets to AGL and Meridian to direct its focus towards electric vehicle charging and renewable fuels. 

Castle Group has acquired a 41.32 hectare landholding in Western Sydney's Austral region for $119.5 million.

NSW has approved 10 renewable energy projects to connect to the state's first renewable energy zone.

Rugby team the Sydney Roosters has purchased a 26-room UKO co-living apartment block in Paddington in Sydney's east.

Real estate funds manager Centuria has acquired a $33 million warehouse in Melbourne's west, as part of its partnership with US private investment firm Starwood Capital.

Roberts Co NSW has been sold to United Arab Emirates-based developer Arada, in a deal that includes a $20 million recapitalisation with a view to expanding the Australian builder’s business into the UAE.

Adelaide real estate group Taplin has acquired the Kurralta Park Village shopping centre from Coles, with the supermarket giant reselling the site for a $1 million profit after just 2 years. 

A contractor working on upgrades at the Metropolitan Remand Centre in Victoria has filed proceedings against the Victorian Correction Infrastructure Partnership, arguing a dispute resolution clause in their contract runs afoul of the SOP Act.