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Showing 121 - 130 of 707 results for "Property Fund"

REITs extend performance struggles

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
... combined property category in the three years to January 2021 topped 13.3% p.a. for the Australian Unity Diversified Property Fund, which is an unlisted fund that owns 11 properties nationwide in the sectors of retail, office and industrial. The Lendlease ...

AMP Capital to bring cars to shopping centre

ELIZA BAVIN  |  WEDNESDAY, 10 FEB 2021
... is managed by AMP Capital on behalf of investors in the AMP Capital Shopping Centre Fund, AMP Capital Diversified Property Fund and Commonwealth Superannuation Corporation.

ASIC suspends RE licence

KARREN VERGARA  |  MONDAY, 8 FEB 2021
... been suspended for six weeks, effective January 15. IEL is the responsible entity of Investors Exchange Fund, a property fund, and Investors Exchange Investment Fund, a mortgage fund. It previously operated Dean Capital Property Trust No. 1. IEL failed ...

Investa buys $800m property from Macquarie

ELIZA BAVIN  |  FRIDAY, 22 JAN 2021
The Investa Commercial Property Fund (ICPF) has entered a 50/50 joint venture with international financial services group Manulife to acquire an office building in Sydney from Macquarie for $800 million. Investa and Manulife have acquired the right ...

Investec to close Aussie business

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
The South African wealth manager and banking group is exiting the Australian market after 20 years. The company said the move is not a reflection of performance of the Australian business or employees, but a "strategic exit" to focus on its core markets ...

Best managed funds, ETFs named

STAFF WRITER  |  FRIDAY, 4 DEC 2020
... to 11.8%), three (21.48% p.a. to 14.04% p.a.). Aussie equities winners In unlisted managed funds, the best listed property fund was Pendal Property Securities Fund (-16.56% for the year and 6.39% p.a. over five years), followed by UBS Property Securities ...

AMP Capital drops fees on listed property fund

KANIKA SOOD  |  FRIDAY, 27 NOV 2020
AMP Capital has dropped the management fee its $126 million Listed Property Trusts Fund by 18 bps. The fund, which invests in REITs and stocks of real estate related sectors, is dropping from 0.97% per year in management fees to 0.79% per year. The ...

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 ...

Centuria acquires property for healthcare fund

ANNABELLE DICKSON  |  WEDNESDAY, 4 NOV 2020
... Centre in Victoria and the $5.6 million Hobart Day Surgery in Tasmania for the newly launched Centuria Healthcare Property Fund. The assets add to the initial portfolio worth over $155 million with the fund also contracted to acquire the $12.7 million ...

360 Capital moves to acquire Evans Dixon

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... personal financial product advice it provided retail investors to invest in the troubled US Masters Residential Property Fund (URF). Evans Dixon is facing a number of other challenges. Alan Dixon, who was the chief executive until June last year, initially ...