DataRoom AM: Macquarie offloads

Macquarie Group is reportedly reducing its stake in ANZ Terminals only months after it gained control, while two of Australia’s largest real estate firms could soon be on the auction block.

The acquisitive Macquarie Group has turned seller, seeking a willing buyer of 80 per cent of ANZ Terminals less than four months after it bought the firm.

Elsewhere, the race for LJ Hooker takes an interesting turn, Noni B appears a sure bet to fall into the hands of Alceon and the WA government moves forward with its asset sales program.

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