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Showing 71 - 80 of 2514 results for "Purchase"

QIC buys Packhorse's last pastoral property

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... above and below the ground." Stuart's Creek is the second acquisition for the QIC natural capital platform following the purchase of a 600-hectare irrigated sugar cane property in North Queensland last year. QIC noted both acquisitions were made possible ...

Charter Hall offloads UNSW asset

CHLOE WALKER  |  MONDAY, 31 JUL 2023
... Charter Hall from an unidentified Korean institution for approximately the same amount just two years ago. At the time of purchase, Charter Hall direct chief executive Steven Bennett said: "The opportunity to invest in the UNSW L5 Building is consistent ...

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... opportunities, either personally or via their self-managed super fund, into a 'joint venture' development program for the purchase and development of real estate in Queensland, Victoria, New South Wales and South Australia. However, at no time ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
The Consumer Price Index (CPI) has softened to 6%, however a further rate hike in August is not off the table. The Australian Bureaus of Statistics (ABS) said headline inflation was lower than the 7% annual rise in March, marking the second consecutive ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
UniSuper signed an exclusive institutional mandate with a boutique impact investor, while also purchasing an industrial portfolio from a major global pension fund worth more than $1 billion. The $120 billion super fund has mandated NorthStar Impact ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... 15-16 period and offered them the opportunity to withdraw their application. Where clients elected to proceed with a purchase, Vanguard provided a right to return the product and be repaid the application amount for a one-month period." The Supplementary ...

Sequoia expands professional services arm

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... procured on an attractive PE multiple and said the target completion date of the transaction is the end of July. The purchase consideration of up to $3.15 million is payable in cash and shares over a period of two years post completion. The final tranche ...

Cadence secures $55m for new fund

CHLOE WALKER  |  TUESDAY, 4 JUL 2023
... the Cadence Australian Real Estate Partnership I (CAREP), as well as making its first acquisition. The $13.9 million purchase of an industrial site in Melbourne's inner west is set to be the first of many by the newly funded investment vehicle, led by ...

ASIC permanently bans David Sutton

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... also disguised that a related party was the true owner and seller of unlisted shares that he arranged his clients to purchase. While Sutton and McFaddens retain the right to contest the decision by appealing to the Administrative Appeals Tribunal, ASIC's ...

Cromwell, Value Partners group join forces

CHLOE WALKER  |  MONDAY, 3 JUL 2023
... Italy. The sale is based on a portfolio asset value of $91.4 million, which is about a 9.4% increase on Cromwell's initial purchase price. Settlement is expected later in the month, with Cromwell's European operations team set to continue to manage the ...