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Showing 121 - 130 of 2649 results for "Purchase"

Family office buys into WNBL potential

JAMIE WILLIAMSON  |  TUESDAY, 2 JUL 2024
The family office of Tesla chair Robyn Denholm, Wollemi Capital Group, has partnered with the National Basketball League (NBL) to acquire the Women's National Basketball League (WNBL) from Basketball Australia. Wollemi Capital Group and the NBL have ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... were the major driver of the increase in corporate net borrowing. Deals in the healthcare sector, including Pfizer's purchase of Seagen, accounted for nearly one third of the rise. However, across all sectors, Janus Henderson estimated that takeovers ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... ongoing. In the financial year 2023, Whitehaven generated more than 90% of its revenue from thermal coal but said this purchase would see that drop to 30%. "Whitehaven will try every dirty trick in the book to keep expanding coal production and deserves ...

AustralianSuper completes build-to-rent-to-own project

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... have now moved into 15 Thompson Street, Kensington. The BTRTO arrangement enables residents to secure their rent and purchase price for up to five years and have the option to buy the property at any stage at an agreed value. Residents are also offered ...

Barrenjoey, Scentre Group establish jointly managed fund

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
Barrenjoey Private Capital and Scentre Group have established a jointly managed fund to purchase a 50% stake in Adelaide's Westfield Tea Tree Plaza and the adjoining Tea Tree Plus for $308 million. CBRE head of retail capital markets - pacific, Simon ...

Coalition's housing policy could cut Commonwealth Rent Assistance costs

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
... individuals to withdraw up to $50,000, up to a maximum 40% of their balance, from their superannuation fund account to purchase their first home. The analysis focused on 38-year-olds and assumed that 20% of renters would purchase a home under the scheme. ...

Lazard enters local ETF industry with infra offering

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2024
... Organisation for Economic Cooperation and Development and meet a minimum market capitalisation hurdle at the time of purchase." As at the end of May, the fund was invested in 27 stocks, primarily in North America and Europe ex UK, with its biggest holdings ...

Sequoia chief learns his fate at EGM

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
Sequoia Financial Group held an extraordinary general meeting (EGM) this week to consider a resolution to remove chief executive and managing director Garry Crole. Shareholders voted against removing Crole, securing 59.95% of the votes, with 40.05% ...

Brookfield bids for majority stake in Neoen

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
... investment vehicle of French entrepreneur Jacques Veyrat and his family, along with other shareholders. Brookfield wants to purchase the outstanding shares of Neoen for €39.85 per share, a 26.9% premium over the last closing price and 43.5% premium ...

Stockland, Invesco Real Estate forge land lease deal

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
Stockland has joined forces with Invesco Real Estate (IRE) to establish a land lease communities project tipped to be worth $1.1 billion. The open-ended partnership, which is based on Stockland's 50.1% interest and IRE's flagship pan-Asian core ...