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Showing 91 - 100 of 889 results for "Properties"

Head of property at Hostplus exits

ELIZABETH FRY  |  FRIDAY, 16 FEB 2024
... following its partnership with the $120 billion UniSuper. The real estate management firm last year acquired several properties for UniSuper's $6.3 billion unlisted property portfolio. It is understood that Hostplus has not appointed a replacement ...

MA Financial buys $96m hotel to seed fund

CHLOE WALKER  |  TUESDAY, 6 FEB 2024
... said the group is excited about the purchase of Vibe Docklands and expects it will be the first in a range of hotel properties it acquires in the near term. "We believe that the dislocation caused by the global pandemic, increased construction costs ...

IFM offloads stake in payment software business to Autodesk

ANDREW MCKEAN  |  TUESDAY, 30 JAN 2024
... to insurance broker Arthur J. Gallagher, as well as recent investments in software firm Tally Group, and Smart Urban Properties Australia. "This milestone is the latest in a series of transactions for IFM's private equity team and is an example of our ...

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... securities via an off-market takeover offer, comprising 0.40 units of the BWP trust per NPR security. Most of BWP's properties are large-format retail properties, including Bunnings Warehouses, which are leased to Bunnings Group Limited. Bunnings ...

Cromwell downgrades assets by $192m

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... December 2023. The amount represents a 7.5% reduction following an independent valuation. This is across eight out of nine properties. The real estate fund manager had about $11.5 billion in assets under management as at June 2023 invested across Australia ...

Centuria REIT valuation dives $124m

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2024
... Centuria's Office REIT. Conducting its half-year external valuations, Centuria Office REIT had 12 of its 22 investment properties - about 49% by value - reviewed as at 2023 end. It said the result was a like-for-like decrease of about $124 million on ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... estate portfolio has increased in value by as much as $170 million. Mayfair 101 purchased the portfolio of 200-plus properties in 2019. In early 2020, ASIC froze Mayfair's assets and operations over concerns it was a Ponzi scheme. Many of the properties ...

BT signposts key issues for advisers in 2024

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... businesses - prompting business owners to ease cash flow for their business by using their SMSFs to buy their commercial properties, often with gearing involved. The platform provider urged caution for clients with SMSFs regarding property improvements ...

Local housing market to reach inflection point: Research

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
... Elsewhere, in recent research by Resolve Finance, approximately 20% of local property investors are planning to sell their properties in the next 12 months. This is due to the changing market dynamics and investors seeking alternative investment strategies ...

SMSF Association blasts 'highly questionable' ASFA research

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
... that this tax will have negligible impact on the farming community is highly questionable. "The simple fact is farming properties can be held under myriad tax structures, so using personal tax return data to extrapolate the number of farming properties ...