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Showing 1001 - 1010 of 3463 results for "Stake"

Foreign investment in Australian commercial property hits record high

CHLOE WALKER  |  WEDNESDAY, 15 DEC 2021
... America and Europe." Major transactions this year involving foreign investors include the landmark $925 million sale of a 50% stake in Grosvenor Place to Blackstone, the $3.8 billion sale of the Milestone industrial portfolio to a partnership between ...

ASIC bolsters leadership

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
The corporate regulator is adding an executive director of operations, chief financial officer and chief people officer. Announcing the appointments today, ASIC said they are intended to strengthen its capability and effectiveness. Joining in January ...

Blackstone buys GIC's stake in logistics trust for $2.1bn

CHLOE WALKER  |  MONDAY, 13 DEC 2021
Blackstone has acquired Singapore wealth fund GIC's 49% stake in the Dexus Australian Logistics Trust (DALT) for $2.1 billion, as the private equity giant looks to tap into the country's fast growing e-commerce market. Dubbed as the second largest ...

New role for Cbus' Robbie Campo

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
In addition to her role as group executive for brand, engagement, advocacy and product at Cbus, Robbie Campo has taken on a board position with the Integrated Reporting Framework. Campo is an advocate for the benefits of integrated reporting, a form ...

Australian Ethical takes stake in boutique

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
Australian Ethical has acquired a stake in the newly launched Sentient Impact Group, a boutique chaired by former NAB chief Andrew Thorburn. Australian Ethical's minority stake comes to $5.2 million, giving it a non-executive seat on Sentient's ...

Sydney Airport takeover given green light

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... Fund, will pay $8.75 per share via a scheme of arrangement. A current owner, UniSuper will stay on and transfer its 15.01% stake for an equivalent interest in the new entity. In the weeks that followed Sydney Airport agreeing to the deal, there was some ...

Regal Funds Management takes stake in Attunga Capital

CHLOE WALKER  |  WEDNESDAY, 8 DEC 2021
Regal Funds Management (Regal) has today announced the acquisition of a 51% equity stake in leading power and environmental commodity asset manager Attunga Capital. Founded in 2005, Attunga Capital is the trustee and manager of the Attunga Power and ...

Athene, Apollo stake in Challenger approved

KARREN VERGARA  |  MONDAY, 6 DEC 2021
Minority shareholders of Challenger have been given the go-ahead to acquire their additional stake by the prudential regulator. Athene Holding and Apollo Global Management now have an 18% stake in the ASX-listed Challenger after APRA approved the additional ...

Blackstone invests $925m for stake in Grosvenor Place

CHLOE WALKER  |  MONDAY, 6 DEC 2021
... invested $925m to buy a 50% share in the Grosvenor Place office tower in Sydney CBD. The private equity giant has acquired the stake from Dexus (37.5%) and Canada Pension Plan Investment Board (12.5%). Dexus said it would use part of its proceeds ($694m) ...

Proposed reforms could simplify advice

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation. The ALRC is proposing sweeping changes to financial services law, including changes that affect the advice industry, tabled ...