Deals

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.

Harvey Norman chair Gerry Harvey has increased his stake in Papua New Guinea-based Mayur Resources to 6.7 per cent.

A Perth radiologist has bought a Station Street medical premises for $3.74 million.

The Subiaco-based syndicator has acquired a large format retail centre in Wagga Wagga.

Pastoral giant Consolidated Pastoral Company has bought the 1-million-hectare Rawlinna Station on WA’s south coast, five months after Andrew Forrest withdrew his interest.

The $27.85 million transaction adds to the company’s hospitality assets in Dunsborough, Denmark and Fremantle.

Perth-based software firm Micromine, founded by local geologist Graeme Tuder, has been bought by global mining services company Weir for $1.3 billion.

The Hector Street property attracted strong interest from investors.

Transport provider Kelsian Group has entered into binding agreements to sell and lease back bus depots in Welshpool, Landsale and South Bunbury.

Several properties have sold in the key industrial corridor for a combined $20 million in recent months.

Mitsui's new stake in Rio Tinto's Rhodes Ridge iron ore project has unlocked $10 billion in wealth for the heirs of Peter Wright, pushing Angela Bennett into fifth on our Rich List.

The fund manager says the purchase of the Osborne Park Clinipath building will boost its social infrastructure REIT.

The Adrian Fini-led developer is set to share an office with MJA Studio, following the purchase the building that housed the Red Sea.

The mental health charity is moving from its current Burswood office following its $10 million purchase of a property.

Italian company Enel Green Power and Japanese gas giant Inpex have bought a $1 billion portfolio of wind and solar farms across Australia, including WA’s largest wind project.

Subiaco-based Westbridge Funds Management has acquired a manufacturing facility interstate for slightly more than $30 million.

Local software and consulting firm Forest Grove Technology has announced new leadership after completing a sale to giant Canadian group Prophix.

SEEK’s bid to acquire Sydney-based HR and recruitment technology firm Xref has fallen through, with both parties agreeing to terminate the scheme implementation deed.

WA investor Chesterfield Property Group is exploring alternative uses for the 103-room hotel.

Austrian company STRABAG has completed the acquisition of family-owned contractor Georgiou Group two months after revealing negotiations were underway.

The 162ha development site has been purchased by WA company Sunset Shores, which plans to build housing.

The Indonesian-backed investment group has added to its portfolio of CBD properties, buying the asset from Jeff Leach.

Wesfarmers will sell gas supplier Coregas to a subsidiary of Japanese conglomerate Nippon Sanso Holdings Corporation for $770 million, subject to ACCC and FIRB approval.

The $74 million deal represents the biggest large format retail transaction nationally this year.

The Subiaco-based fund manager has sold an 809sqm block to a local developer for $2.13 million.

The long-vacant Fremantle building was purchased for $4.5 million by an entity wholly owned by Nicola Forrest.