Australia’s largest super fund has launched a new real estate asset platform in the UK, aiming to be one of the country’s top rental home operators in the next five years.
Mutual company Australian Unity has sold the Greensborough Medical Centre and Day Hospital in Victoria to the Property Advisory for $32.5 million.
Macquarie Asset Management has sold its data centre business Aligned Data Centers to a consortium led by BlackRock subsidiary Global Infrastructure Partners in a landmark $61 billion deal.
Leases and certain other land acquisitions will be exempt from the new mandatory merger control regime, in changes announced this week following feedback arising out of the transitional, voluntary phase.
Corrs Chambers Westgarth has advised the Sunshine Coast Airport on financing to support its ambitious terminal expansion project.
Adelaide’s historic 150 Rundle Mall has been sold for $10.85 million to National Retail Group, with plans for a large-scale refurbishment.
German energy company RWE has reversed course on its plans to develop a wind farm off the Gippsland cost in Victoria, following a year of feasibility studies.
Spanish infrastructure giant Acciona has dropped its bid to acquire the $500 million East Rockingham waste-to-energy project in Western Australia, after a lengthy review by the ACCC.
Vulcan Energy has reached an agreement to supply up to 44,000 tonnes of lithium hydroxide monohydrate from its Lionheart project to resources giant Glencore.
A private group of local business people has purchased commercial office building Cairns Corporate Tower for $77.5 million.