Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 844 results for "REIT"

AOF sells Sydney property for $80m

JAMIE WILLIAMSON  |  FRIDAY, 17 FEB 2023
... manager Nikki Panagopoulos said. Any announcement regarding such a dividend would be made before June 30, she added. The REIT also recently sold 2 Eden Park Drive in Macquarie Park, as well as 30 Pirie Street in Adelaide. The Adelaide property was one ...

Cushman & Wakefield adds to local leadership

CHLOE WALKER  |  FRIDAY, 17 FEB 2023
... bias for promoting high performing talent like Guy into important leadership roles. "Having previously worked with a leading REIT (Charter Hall) in Sydney in a national role across all markets and sectors of property, Bennett has a deeply entrenched ...

APAC REITs see robust growth

CHLOE WALKER  |  WEDNESDAY, 8 FEB 2023
... Association (APREA) and CentreSquare Investment Management. The report states that as of last year, Japan is Asia Pacific's largest REIT market, with a market capitalisation of $115 billion across 63 listed entities. Australia follows closely behind ...

Charter Hall acquires stake in healthcare facility

CHLOE WALKER  |  FRIDAY, 3 FEB 2023
Charter Hall's social infrastructure REIT (CQE) has purchased a 49.9% interest for $66.9 million in newly constructed healthcare, medical research, education, and training facility, Innovation Quarter (iQ). CQE has funded the acquisition of iQ through ...

Court ruling reiterates need to comply with AFCA

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
A court ruling has reaffirmed that financial institutions must cooperate with the Australian Financial Complaints Authority (AFCA) or face penalties. The ruling came in a case ASIC brought against home finance companies, General Commercial and Eden ...

KKR halts REIT withdrawals

CASSANDRA BALDINI  |  FRIDAY, 20 JAN 2023
KKR & Co. has slowed down investor withdrawals from its US$1.6 billion KKR Real Estate Select Trust Inc. (KREST) following a high volume of redemption requests. The halt strengthens views that REITs are in hot water following last month's withdrawal ...

CBRE Investment Management appoints APAC research lead

CHLOE WALKER  |  FRIDAY, 13 JAN 2023
CBRE Investment Management has welcomed Melbourne-based Sandy Padilla to the role of APAC head of research. Padilla recently served as senior director within the APAC research team, with a focus on Pacific markets. She joined CBRE Investment Management ...

Australian equities to outperform in 2023: VanEck

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
Australian equities are set to battle the bearish storm ahead and outperform global equities this year, according to the fund manager. Recent analysis by VanEck shows Australian equities, as represented by the S&P/ASX 200, was one of the best-performing ...

Centuria, Morgan Stanley launch $181m partnership

CHLOE WALKER  |  THURSDAY, 8 DEC 2022
Centuria Industrial REIT is partnering with an investment vehicle sponsored by Morgan Stanley Real Estate Investing (MSREI). The partnership, known as the Centuria Prime Logistics Partnership (CPLP), will see the MSREI vehicle acquire a roughly 50% ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
As forecast, the Reserve Bank of Australia (RBA) has lifted the cash rate by another 25 basis points. KPMG chief economist Brendan Rynne noted that the RBA remains concerned about the immediate economic outlook, despite confirming that its recently ...