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Showing 121 - 130 of 2004 results for "Real estate"

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... suffered a major blow to its bottom line, copping a $198 million loss as substantial devaluations in the commercial real estate sector materialise in the 2023 financial year results. The Charter Hall Long WALE REIT (CLW) made a whopping 122% loss after ...

Private credit to play critical role in the economy: MA Financial

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
The opportunities for private lenders to finance the growing demand for real estate credit is part of a long-term structural shift in Australia's lending market, MA Financial managing director real estate credit Cathy Houston says. Talking to Financial ...

PGIM client group lead in sudden departure

ELIZABETH FRY  |  FRIDAY, 4 AUG 2023
... business to bring its full suite of capabilities to investors - from fixed income, equity, quantitative investing and real estate to alternatives. PGIM's Australian team has grown to include 24 employees. Brewer is now a full-time director at Proteus ...

Pinnacle steadies FY23 profit, FUM

KARREN VERGARA  |  FRIDAY, 4 AUG 2023
... delivering 12.4% over a five-year period, followed by Hyperion's Small Growth Companies Fund at 8.5% and the MCP Real Estate Debt Fund at 7.7%. Plato Global Shares Income Fund (-5.4%), Antipodes Global Fund (-3.1%), Antipodes Global Fund - Long (-1.4%) ...

Link Group to cop $418m loss

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
... value of the Smart Pension acquisition. It will also record a premises impairment of about -$34.5 million on surplus real estate, and -$34.6 million related to acquisitions, divestments, transaction and other one-off costs. The group said it expects ...

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... their self-managed super fund, into a 'joint venture' development program for the purchase and development of real estate in Queensland, Victoria, New South Wales and South Australia. However, at no time did Hopkins or his company hold an AFSL ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
... Coles, Toll, Northline, Roche, Blackwoods, Symbion and UPS. The acquisition was negotiated on behalf of UniSuper by real estate management firm Richmond Bridge, under an industrial property investment mandate. The fund now stands alongside Blackstone ...

KKR real estate arm reports $30m loss

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
KKR Real Estate Finance Trust Inc (KREF) has recorded a $29.7 million (US$20 million) loss in its second quarter ending June 30. KKR & Co. said its integrated real estate platform saw a loss of $0.37 per diluted share. When adjusted for non-recurring ...

Time to diversify global alts allocations: Telfer

CHLOE WALKER  |  MONDAY, 24 JUL 2023
... UBS Australia is "very much looking at" local fixed income, local active equities, local indexed equities, and local real estate. "Whilst continuing to support all of that, we are now complementing it by starting to introduce our global alts [to existing ...

AMP adds three group executive roles

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... for the simplified company, the result of divesting several business units in recent times including the AMP Capital real estate and domestic infrastructure equity business to Dexus Funds Management, AMP Capital's Global Equities and Fixed Income business ...