Reflecting renewed interest in office assets, property investment company Charter Hall has launched a $147 million unlisted trust for investors to buy into two fully-tenanted office buildings in the ACT and Queensland.
BP is reportedly set to exit one of the world’s largest renewable energy projects, located in the Pilbara, as part of a shift in strategy.
Cromwell Property Group has sold its remaining 50 per cent stake in an office building in Sydney’s Chatswood at the discount price of $87 million.
The Australian Renewable Energy Agency has committed $44.9 million to support Calix’s development of a green steel demonstration plant using its Zero Emissions Steel Technology.
Property giant Dexus has acquired a 25 per cent stake in Australia’s second-largest regional shopping centre from Scentre for $683 million.
Malaysian property developer SP Setia is strengthening its presence in inner-city Melbourne, acquiring the largest development site in Carlton for $114 million.
UK Infrastructure consultancy business Amey is returning to Australian shores after acquiring local consultancy Premise.
Irish renewable energy developer DP Energy has announced plans to develop a 1,400 WM wind farm in McKinlay Shire, Queensland, citing the project site’s “optimal wind speeds” and distance from dwellings.
Fletcher Building says it has begun exploring divestment options for its construction divisions following a restructure, after confirming inquiries from prospective buyers last month.
Ashurst has advised renewable energy company AMPYR Australia on a novel equity partnership and participation model with the Aboriginal community for a battery energy storage system in NSW’s Central Western Slops region.