Fresh off its acquisition of a massive battery network from Tesla, AGL has continued its push into renewables by gobbling up Amsterdam-based Photon Energy’s Yadnarie solar and long-duration energy project in South Australia.
The infrastructure investment arm of Chinese e-commerce giant JD.com has entered the Australian industrial property market with the acquisition of a large distribution center in Brisbane.
Property investment firm Charter Hall has sold its Bunnings Warehouse in the southeast Melbourne suburb of Clyde North for $44 million, in an off-market deal that reinforces the strength of retail real estate.
HWL Ebsworth has acquired Adelaide law firm Botten Levinson Lawyers, boosting the firm’s environment and development law offering in the region.
Troubled casino operator Star Entertainment says it will have to repay $36.5 million to its Queen’s Wharf partners if an agreement on a plan to buy out its stake in the Brisbane entertainment project is not reached by the end of the month.
Sentinel Property Group has purchased its most expensive office asset since its establishment, paying $132 million for a fully-leased office building in the heart of Brisbane’s Olympics precinct.
Singapore firm Roxy-Pacific Holdings has sold the iconic Melbourne House at 360 Little Bourke Street to an unnamed interstate investor.
The federal government is leaning into renewable hydrogen to decarbonise Australia’s heavy industries, providing up to $432 million to explosives and ammonia manufacturer Orica for its Hunter Valley hydrogen hub.
Consolidated Properties Group has acquired the last remaining riverfront development site in the Brisbane suburb of Newstead for $64.5 million from Mirvac Group.
A receiver for collapsed developer Crown Group has sold the Sky Suites Sydney Hotel for a reported $68 million to a Singapore-based company.