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Property manager, sovereign wealth fund enter JVBY ALLY SELBY | MONDAY, 6 APR 2020 11:50AM
A $33.8 billion Australian property manager has acquired a 50% stake in a Collins Street skyscraper, forking out $644 million as part of a joint venture with a sovereign wealth fund.Read more: Dexus, GIC, Rialto Towers, Melbourne, Dexus Australian Logistics Trust, CBD, Darren Steinberg, Singapore
T. Rowe Price launched a high-conviction global impact equity fund that is certified by the Responsible Investment Association of Australasia.
GAM Investments has added to its distribution team with a new hire for its wholesale business in Australia.
Wages growth remains subdued ahead of this week's quarterly Consumer Price Index release, despite a tight labour market.
Demand for residential property is expected to cool down this year despite the number of auction figures recorded in the final quarter of 2021.
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