Indonesia approves Sun Cable’s undersea cable after US$2.5 b investment promise

Summary GenusPlus Group has secured construction contracts worth A$20 million for the resource and power sector. The resource sector contract was signed with Ahrens Group while the power sector deal was with ACCIONA. Last month, the Company cr...

Summary GenusPlus has secured several contracts, having a combined value of A$23 million. The company has also bagged an Engineering, Procurement and Construction (EPC) contract with Sino Iron. The company’s share price rose by 2.33 per ...

The real estate sector faced some heat during the pandemic due to stringent restriction on people's physical movement. The pandemic had put a significant question mark on the relevance of workspaces for some industries, especially after the unprece...

Summary Verbrec Ltd (ASX:VBC) has completed the acquisition of 100 per cent equity in Energy Infrastructure Management Pty Ltd (EIM). On Tuesday, 29 December 2020, Verbrec announced that it will acquire EIM for just over A$10 million. The tran...

Verbrec Ltd (ASX:VBC) on Tuesday said that it is set to acquire 100 per cent equity stake in Energy Infrastructure Management Pty Ltd (EIM) for A$10,056,000. The transaction is likely to be closed on 31 December 2020.  Image Source: Megapix...

Summary Priwewest Group secured asset management rights for Chester Pass Mall and Pialba Place. With the two assets, Primewest’s total AUM surpassed A$4.9 billion. The number stood at A$4.8 billion as on 30 November 2020. The Company rec...

Summary Ingenia has acquired an established holiday park, Merry Beach Caravan Park on NSW South Coast. The transaction increases the size of the Group’s holidays business by more than 10% The acquisition is expected to be completed in Ma...

Summary Stockland (ASX:SGP) has announced its partnership with a special purpose vehicle which is advised by JP Morgan Asset Management. Stockland said that this partnership has been sealed to focus on industrial and logistics assets. The obje...

Summary Charter Hall Group (ASX:CHC) has said that it will acquire David Jones flagship ‘Elizabeth Street store’ at a purchase price of A$510 million. The consortia of Charter Hall managed funds will purchase the Sydney property. T...

Summary Charter Hall Social Infrastructure has settled the land & works completed as of now for A$23 million. The work is related to the development of the new purpose-built South Australian Emergency Services Command Centre. The constructi...