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Showing 1 - 10 of 2521 results for "Purchase"

Brookfield bids for majority stake in Neoen

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
... investment vehicle of French entrepreneur Jacques Veyrat and his family, along with other shareholders. Brookfield wants to purchase the outstanding shares of Neoen for €39.85 per share, a 26.9% premium over the last closing price and 43.5% premium ...

Stockland, Invesco Real Estate forge land lease deal

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
Stockland has joined forces with Invesco Real Estate (IRE) to establish a land lease communities project tipped to be worth $1.1 billion. The open-ended partnership, which is based on Stockland's 50.1% interest and IRE's flagship pan-Asian core ...

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... purposes. The court determined that between May 2016 and November 2017, Ali dishonestly used funds provided by investors to purchase a BMW motor vehicle for a personal associate and real estate for himself and his wife, pay personal expenses, and to ...

Chinese property market to stabilise

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... said these new measures will keep downward pressure on property prices, but only for now. "Once the issues surrounding purchase price and sizing of unsold homes are resolved, property prices should begin to stabilise," they said. "Even if the discounts ...

HMC Capital scoops up Payton Capital

ANDREW MCKEAN  |  FRIDAY, 24 MAY 2024
... Payton Capital, kickstarting the first step in its plan to create a $5 billion private credit platform. HMC agreed to purchase Payton for $127.5 million; six times its estimated earnings for the current financial year. It also agreed to pay up a further ...

Super funds to solve the housing crisis?

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
... announced a "supply policy," Bragg said that on the demand side, they believe people should be able to use their own money to purchase their first home. "Where super funds and foreign fund managers are given tax concessions to participate in what's ...

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
The stoush over who should control Sequoia Financial Group takes another turn as chief executive Garry Crole and non-executive director Kevin Pattison call upon the Takeovers Panel to intervene in their potential ousting. Crole and Pattison, on behalf ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
... recalibrated to assess how policy could improve retirement outcomes by letting Australians use their superannuation to purchase a home. "In the course of our inquiry, it has been made clear to the Committee that having a secure retirement depends heavily ...

ASIC prevails in landmark case against BPS Financial

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... deceptive practices, falsely claiming that the Qoin Wallet was officially registered or approved and could be used to purchase goods and services from an increasing number of Qoin merchants, when in fact it was declining. BPS also misled consumers by ...

ATO flags key focus areas this tax time

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
The Australian Taxation Office (ATO) has announced it will be taking a close look at three key areas where taxpayers make common mistakes this tax season. Incorrectly claiming work-related expenses, inflation claims for rental properties and failing ...
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