Deals

The private German investor behind last year’s purchase of Perth-based RUC Mining Contractors from Murray & Roberts has revealed an unusual multi-million dollar gain on the deal.

The Aboriginal charitable trust has expanded its property portfolio with the purchase of an East Perth building.

The boss of a specialist alloy business has splashed out on a luxury South Perth apartment as a major US player has emerged on his company’s register.

A local investor has bought the centre from a Subiaco-based property group.

The North Perth property is set to change hands for the first time in 35 years.

WA’s oldest and largest dairy company, Brownes, has been put up for sale after its Chinese owner got into financial difficulty over a $200 million loan.

A building company has bought a 2.33ha site for what is believed to be a record price.

Hall & Prior has purchased the site with plans to develop it into an aged care facility.

Parkwood Medical Centre has changed hands between local medical professionals.

Gold Road Resources has given its blessing for Northern Star Resources’ $5 billion deal for De Grey Mining after months of remaining mum on its voting intentions.

SafeStyle has purchased an Oxford Street building from Dale Alcock for $3.4 million.

Perth-based PYC Therapeutics is battling to complete its $146 million capital raising after a large shortfall from retail investors and a “liquidity” issue by one of its underwriters.

Mattress manufacturer Comfort Group has sold its warehouse to a Perth-based investor.

Locus Property Group and Security Capital Australia entered a joint venture to purchase the property.

The Kids Research Institute Australia has sold its former headquarters in Subiaco for $21.55 million, several years after its move to Perth Children’s Hospital.

The SeaLink Rottnest Island ferry service and Captain Cook Cruises are both up for sale as parent company Kelsian Group seeks to offload assets in its national tourism portfolio.

ASX-listed Aspen Group has entered a conditional contract to acquire lithium miner Albemarle’s half-built accommodation village in Australind.

The Victorian land developer has purchased of a nine-hectare block in East Wanneroo to create a $46 million project, cementing strong interest from residential developers.

The ASX-listed company has bought a 33.4-hectare site for $12 million.

The supermarket giant had owned the three-hectare property for at least a decade.

Perth-based Southern Cross Electrical Engineering has enhanced its portfolio, following the acquisition of a Sydney-based company.

Woodside Energy has taken another small step toward simplifying its portfolio by selling its mature Greater Angostura assets in Trinidad and Tobago for $206 million.

Two former professional cricketers have purchased the property for $3.2 million in an owner occupier deal.

The Canning Vale purchase marks Perth’s largest industrial transaction in 15 months.

An entity controlled by multiple directors including Anthony Silvestro has bought a 32ha parcel of industrial land.

Gold Fields boss Mike Fraser is disappointed the board of Gold Road Resources has poured cold water over his $3.3 billion offer for the Gruyere mine joint venture partner.

Perth fund manager Viburnum and its partners have inked a $377 million deal to sell a portfolio company to ASX-listed waste management major Cleanaway.

Manjimup Artisan Truffles has purchased a warehouse in Claremont, as the business expands.

Austal chairman Richard Spencer says he does not believe Hanwha can add value to the Perth-based shipbuilder but nonetheless has agreed to meet with the South Korean company next week.

South Korean conglomerate Hanwha has once again fuelled takeover speculation around Austal after placing a high-priced order for 9.9 per cent of the shipbuilder’s stock.

The global cold storage operator has purchased a facility in Fremantle for $8.36 million.

Jason Peterson has purchased an apartment block on South Perth’s foreshore, paving the way for a luxury residential project.