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Showing 1111 - 1120 of 8747 results for "SYD"

Elanor sells mall for $130m

KARREN VERGARA  |  THURSDAY, 19 NOV 2020
The Elanor Retail Property Fund (ERF) has sold a retail property for $129.5 million to SCA Property Group, which is nearly double of its purchase price from five years ago. ERF sold 100% of its interest in Auburn Central, a shopping mall in Western ...

ASIC charges BitConnect Australia lead

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
The former BitConnect Australian national promoter has been charged by ASIC for operating an unregistered investment scheme and making false statements. John Bigatton promoted the online cryptocurrency platform prior to its collapse in early 2018. It ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
A former financial adviser has pleaded guilty to misappropriating $2.9 million of client funds by transferring the money to his own accounts for personal use. Ross Hopkins from NSW, appeared at the Downing Centre Local Court, where he pleaded guilty ...

Centuria makes $171m acquisition

ELIZA BAVIN  |  TUESDAY, 17 NOV 2020
Centuria Industrial REIT (CIP) announced a $171 million acquisition along with a $125 million fully underwritten institutional placement to partially fund the purchase. CIP will acquire three high quality, cold store industrial facilities worth $171.1 ...

T. Rowe Price recruits analysts

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
T. Rowe Price has hired two Sydney-based analysts to strengthen its Australian equities capability and client support. Nick Vidale joins as an investment analyst from Perpetual where he was an equity analyst for over three years. Vidale is responsible ...

Aware Super finds airport returns despite COVID-19

ELIZABETH MCARTHUR  |  FRIDAY, 13 NOV 2020
Aware Super's investment in Bankstown Airport, in western Sydney, has proved resilient through COVID-19 - thanks in part to an investment in an air wing for NSW Police. Earlier this month, NSW Police opened its aviation support branch - also known as ...

Pengana launches new Israel equities fund

KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
Pengana Capital is partnering with an Israeli fund manager to launch a new tech-focused fund that invests in 30 stocks for local wholesale investors. The Pengana Alpha Israel Fund is managed by Alpha LTI, an equities boutique founded in 2005 that currently ...

Crennan nabs new gig

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 NOV 2020
Former ASIC deputy chair Daniel Crennan has a new role with an advisory firm and boutique investment bank, which was named in an ASIC report in 2019. Crennan resigned from the corporate regulator just two weeks ago, following revelations that he was ...

Channel Capital in management buyout

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
The Sydney multi-boutique is bidding farewell to its minority equity partner Highbury Partnership, as it enlists a new passive investor to bring ownership back to the management. Highbury invested about $15 million in Channel Capital in 2017 when the ...

CountPlus divests member firm

ANNABELLE DICKSON  |  TUESDAY, 10 NOV 2020
CountPlus has disposed its majority interest in a member firm to a fellow member firm after a review found it could not add strategic value. The ASX-listed advice and accounting group has sold its 61.28% interest in Specialised Business Solutions to ...