Deals

Coles Group's proposed acquisition of a leasehold interest in a Kalgoorlie supermarket and liquor store site would substantially lessen competition in the retail supply of groceries in the region, the competition cop says.

Clifford Chance has hired the head of Mallesons' real estate group and his team of five to lead its growing real estate practice in Australia, on the heels of hiring lawyers from Pinsent Masons and HSF Kramer to kickstart its construction and environment teams.

Colin Biggers Paisley is beefing up its property and development group, promoting two property lawyers to its partnership and hiring two more. 

Corrs Chambers Westgarth has followed other firms in bolstering its projects offering with its latest partner promotions, with two of the firm's four new partners boasting expertise on complex energy and infrastructure projects.

BKC Australia and Mitsubishi Estate outfit MEC Global Partners Asia have joined forces to acquire the Cumberland Industrial Estate in Smithfield, Sydney, for $127.5 million from Goodman.

Japan's Mitsubishi Estate Asia will sell its 49.9 per cent stake in the $500 million Stockland Residential Rental Partnership portfolio to Mercer Investments.

The Queensland government has selected Lendlease as its master development partner for a mixed-use riverfront project in South Brisbane ahead of the 2032 Olympics.

NSW is cracking down on underquoting by real estate agents, passing a new law under which they will face penalties of up to $110,000 for engaging in the misleading practice.

Gilbert + Tobin, Holding Redlich, Thomsons and HWL Ebsworth have announced their partner promotions for 2026, with projects and infrastructure among the key practice areas to benefit from this year's appointments.