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Showing 111 - 120 of 148 results for "Office Fund"

ING Office overcomes difficult market to lift profits

AAP  |  WEDNESDAY, 4 AUG 2004
Financial services group ING said its ING Office Fund (IOF) overcame a difficult market environment to post a 12% lift in full year profit to $91.6 million. IOF chief executive Tino Tanfara said the result was assisted by the fund\'s first acquisition ...

Investa raises equivalent of $US225 mln in US market

AAP  |  THURSDAY, 29 JUL 2004
... raised will be used to repay existing bank funding raised when Investa successfully acquired the assets of Principal Office Fund in the second half of 2003, the fund said. Graham Monk, Investa\'s Chief Financial Officer, said accessing the US markets ...

Macquarie Office Trust in Principal merger talks: report

AAP  |  MONDAY, 19 JUL 2004
... billion and $1.67 billion, respectively. Macquarie Office Trust ended at $1.18 per share on the ASX on Friday. Principal Office Fund closed at $1.59.

ING Office Fund buying AGL Building

AAP  |  TUESDAY, 1 JUN 2004
ING Office Fund (IOF) is to acquire a North Sydney office building in a deal worth $92.5 million. ING Management, the responsible entity for IOF, said in an announcement Monday night it had entered an unconditional contract to acquire the AGL building ...

JF Meridian trust acquires 50% of 10-20 Bond Street

JF Meridian Trust (JFM) has announced the $136.2 million acquisition of a 50% per cent interest in the ING Office Fund's (IOF) 10-20 Bond Street property in Sydney. The complex, comprising 37,860 square metres in two commercial towers of eight and 30 ...

Commonwealth Property Office Fund will meet earnings forecast

AAP  |  THURSDAY, 19 FEB 2004
Commonwealth Property Office Fund (CPA) today said it would achieve its full year earnings and distribution forecasts despite a weakening in net property income expectations. It booked a net profit of $67.7 million for the six months to December 31 ...

ING Office Fund to seek more US opportunities

AAP  |  WEDNESDAY, 4 FEB 2004
ING Office Fund (IOF) today said it would continue to seek growth opportunities in the United States, after reporting a 29.1% increase in interim net profit to $44.52 million. However total distributions for the six months ending December 31, 2003 ...

LPTs contribute significantly to bond supply: Citigroup

AAP  |  MONDAY, 27 OCT 2003
... acquisition of AMP Diversified Property Trust and Investa Property Group's $1.49 billion acquisition of Principal Office Fund. Mr Scott said if the expected issue by CFS Gandel this week, to fund its 50 per cent stake in Chatswood Chase is included ...

No changes to LUO investment strategy: Principal

AAP  |  FRIDAY, 10 OCT 2003
... sell LUO the $500 million suburban office and industrial portfolio which it recently failed to inject into Principal Office Fund (POF) in an unsucessful attempt to fend off a takeover bid for POF from Investa Property Group. "We've indicated to the investors ...

Investa ups distribution forecast

AAP  |  THURSDAY, 9 OCT 2003
... Payne told unitholders at the group's annual general meeting today that Investa's recent acquisition of Principal Office Fund (POF) provided great opportunity for the group going forward. Investa completed the acquisition of POF yesterday, taking over ...