Deals

The Henderson-based company has acquired an additional workshop after outgrowing its current facility.

Gina Rinehart-backed Arafura Rare Earths has launched a $20 million placement, as it continues preparations for a $1.2 billion raising needed to fund its flagship project.

Automated water monitoring system Eco Detection, run by local venture capitalist Jefferson Harcourt, has raised $10 million from a UK investment group.

Alcoa’s proposed takeover of its joint venture partner Alumina Limited has cleared another hurdle after its stockholders voted to support the $3.4 billion deal.

Two West Perth offices have sold for a combined $4.96 million to separate buyers.

Subiaco-based QUBE Property Group plans to build a new industrial facility after is purchase of 4.5 hectares in Forrestdale for $6.82 million.

The WA-based land surveying company has joined forces with the Queensland company.

A gym and a bowling alley have sold for a combined $8.2 million to local and eastern states investors.

The Aboriginal charitable trust has added to its property assets with the $8 million purchase of the shopping centre.

Osborne Park-based XRF Scientific plans to move to full ownership of its subsidiary Orbis Mining, in an acquisition valued at nearly $4 million.

Realside Property’s $107 million purchase of Maddington Central has paved the way for Sirona Urban to transform the site.

Shareholders in marine services company MMA Offshore have voted to approve the $1.1 billion takeover by Singaporean firm Cyan MMA Holdings.

A $1.1 billion Singaporean takeover of MMA Offshore has been waved through by the Foreign Investment Review Board.

Maylands-based MPA Skills Trade Training has joined not-for-profit employment and skills provider IntoWork Group, marking the company’s exit from voluntary administration.

Wellard shares closed up 118 per cent on Monday, following news that it will sell its oldest livestock vessel, the M/V Ocean Ute, to Bassem Dabbah for $US12 million, or $18.1 million.

MMA Offshore’s biggest shareholders have backed Seraya Partners’ $1 billion takeover bid of the Perth-based marine services company.

The High Street property has sold to a local investor for $5 million.

The industrial building has changed hands for the first time in three decades.

Aveling Homes’ Michael Aveling has purchased the 4,028sqm site for $1.03 million.

Westbridge Funds Management sold the Baile Road property for $12.3 million.

Cyan MMA Holdings has increased its scheme consideration bid for MMA Offshore, in a deal that would be worth about $1.07 billion.

Develop Global has received $11.55 million in proceeds, following the exercising of options by managing director Bill Beament and non-executive chair Michael Blakiston.

The Margaret River distillery has changed hands for $5.5 million, with an Albany born NSW investor making the purchase.

The Australian Marine Complex building sold to engineering consultant AME, following its divestment of a nearby property.

The grandson of Alan Bond is set to acquire the Fremantle icon and adjacent carpark for $116.5m from Centuria, with plans to revitalise the asset.

Andrew Forrest-backed Swoop Holdings has entered into a binding sale agreement in order to divest its wholesale voice call termination business to Pivotel Group for $9 million.

Bain Capital has offered to acquire Autobarn parent company Bapcor, which operates in 840 locations across the country, for about $1.83 billion.

The property giant has added to its stable of regional accommodation assets, with the $6.45m purchase of Newman’s Seasons Hotel from Ascot Capital.

The Subiaco-based syndicator has purchased two medical centres from Centuria.

The state’s land developer has purchased a 4.63-hectare site in the Australian Marine Complex from engineering company AME.

The retail giant has entered an agreement to sell its Karratha City Shopping Centre to Melbourne’s Fawkner Property.

ASX company Viva Leisure is bringing a new health club brand to the WA market after striking a deal to buy eight existing gyms for $15.7 million.