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Showing 121 - 130 of 148 results for "Office Fund"

Colonial POF launches five-year $150 million MTN issue

Colonial Property Office Fund today announced it had launched a five-year $150 million Medium Term Note (MTN) issue. The issue comprises a minimum of $100 million in fixed rate bonds and was launched with a pricing range for both tranches in the high ...

S&P announces new index additions

... day, Standard & Poor's said. The additions follow the pending removal on 1 September of OPSM Limited and Principal Office Fund.

ING in $329.63 million New York property acquisition

ING Office Fund today announced it had acquired a 49 per cent interest (50% voting rights) in a class A, Midtown Manhattan office building located at 900 Third Avenue, New York. The 36-level property, completed in 1984, has a total net rentable area ...

Investa extends POF takeover offer period

Investa Property Group has extended its offer period for takeover target Principal Office Fund (POF), it has announced. Investa, who now holds a 55.65 per cent stake in POF, said it would extend the period for its takeover offer to 1 September. It was ...

S&P leaves POF ratings on CreditWatch

WITH AAP  |  THURSDAY, 14 AUG 2003
Standard & Poor's Rating Services today said the ratings on Principal Office Fund (POF) remain on CreditWatch with negative implications after its responsible entity recommended acceptance of Investa Property Group's (IPG) takeover offer. As of today ...

Commonwealth Property announces $171.3 million profit for the year

Colonial First State Property, the manager of the Commonwealth Property Office Fund (CPA) has today announced a net profit of $171.3 million for the fund during the 12 months to 30 June 2003, representing an increase of $117.3 million over the result ...

Investa closes in on 50% interest in POF

Investa Property Group is closing in on obtaining a 50 per cent stake in takeover target Principal Office Fund (POF), it has announced to the market. Investa said today it had now claimed a 44.90% interest in the office fund. Investa snatched up the ...

Investa increases POF interest to 39.7%

WITH AAP  |  MONDAY, 11 AUG 2003
... trust Investa Property Group said today it had acquired a nearly 40 per cent interest in its takeover target Principal Office Fund (POF), increasing its relevant interest in POF to 39.7%, after last week upping its bid for the office fund. Last Thursday ...

Investa to increase POF bid by 4 cents

Investa Property group has said it will increase its offer for Principal Office Fund (POF) by an additional four cents if it receives acceptances giving it more than 37.5 per cent. Investa said it would up its offer to seven IPG securities and $5.70 ...

Investa needs 45% stake in POF takeover to have chance: Analysts

WITH AAP  |  TUESDAY, 5 AUG 2003
Investa Group Ltd would have to build a 40 per cent to 45% stake in takeover target Principal Office Fund (POF) to have any chance of toppling POF's own alternative proposal, analysts said today. Analysts said the alternative proposal, put forward by ...