Real estate funds manager Carpe Diem has scooped up the 42-room UME Potts Point co-living apartment block in Sydney’s east.
Developers Stockland and John Boyd are teaming up to build a $3.5 billion logistics precinct at the site of 18.3-hectare Kogarah golf club near the Sydney Airport.
Private equity giant KKR has committed $500 million to speed the growth of CleanPeak Energy, an Australian company providing renewable energy solutions to blue-chip players in the commercial and industrial sectors.
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.