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Showing 51 - 60 of 2514 results for "Purchase"

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
Pepper Money has introduced a new offering, providing loans to self-managed superannuation funds (SMSFs) to purchase or refinance residential and commercial properties. With lending options up to $3 million, the 'super smart' loans are designed for ...

Equity Trustees offloads Irish business

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
Equity Trustees will sell its Irish business for a nominal sum, having reached a deal with its management team. The Irish business is being purchased via a management buyout by Equity Trustees Ireland chief executive Kevin Lavery, with additional investment ...

AMP shareholder class action settlement slashed

KARREN VERGARA  |  MONDAY, 9 OCT 2023
Disgruntled AMP shareholders are set to receive $84 million out of the $110 million class action settlement after legal fees are taken out should the court approve the proposed amount. Maurice Blackburn will take a $26 million cut of the settlement ...

MA Financial boosts fund with $20m acquisition

CASSANDRA BALDINI  |  TUESDAY, 3 OCT 2023
... over five years and grow to $23 trillion by 2026," said MA Financial joint chief executive Julian Biggins. He added the purchase of the two additional marinas is aligned with the firm's strategy and driven by increasing investor demand. "We're delighted ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... advice that involved investing into a certain fund that was later wound up. The trustee was then unable to complete the purchase of an investment property and suffered losses and damages. AFCA ordered NextGen to pay $270,523.67 to WJ & V Drakoulis Super. ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
The Bank of England's (BoE) Monetary Policy Committee has voted five to four to hold the policy rate steady at 5.25%, while unanimously agreeing to reduce the stock of UK government bond purchases by £100 billion over the next year. In halting a run ...

Pacific Current Group buys into fund manager

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
Pacific Current Group (PAC) has purchased a stake in LA-based private credit and structured equity investment management firm Avante Capital Partners (Avante). The 24.9% equity interest in Avante cost PAC about $61 million, with $23 million to be paid ...

Australian Bond Exchange, Boston Global Group launch fund

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
... non-Australian issuers. According to the Australian Bond Exchange, foreign exchange exposure will be managed using deferred purchase agreements (DPAs) and/or credit instruments issued by financial institutions that pay Australian dollar-denominated returns ...

Blackstone drops $500m on Brisbane student accommodation

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
Blackstone has made its first investment in the local student housing market with the purchase of Student One in Brisbane. The acquisition comprises three premium student accommodation assets with a total of 2300 beds in Brisbane's CBD, as well ...

Centuria wins $500m mandate

CHLOE WALKER  |  MONDAY, 11 SEP 2023
Centuria Capital has secured a $500 million mandate from a mystery US private investment firm to invest in industrials. The mandate, dubbed the 'Last Mile Logistics Partnership (LMLP), aims to acquire assets within supply-constrained infill industrial ...