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Showing 121 - 130 of 130 results for "Stockland"

Stockland raises $538million in first US private placement of an Australian LPT

Stockland, one of Australia's largest property groups, today confirmed terms and pricing of an issue of unsecured notes into the US private placement market worth US $350 million ($538.46 million). The issue comprises six tranches with maturities spanning ...

Stockland reports 74% drop in net profit for 2002-03

Stockland said today its takeover of AMP Diversified Property Trust (ADP) provided it with a strong platform going forward; despite posting a 74 per cent drop in net profit to $64.4 million for the year ended 30 June 2003. Included in this figure is ...

AMP to lose $3.4 billion in managed assets after LPT takeovers

... the AMP Group has achieved a number of favourable outcomes for shareholders," Mohl said. "These include a payment from Stockland as well as the ongoing management of a number of key assets in the ART portfolio." AMP Henderson will retain management rights ...

Morning market wrap: FTSE-100 smashes through 4,000

... days of falling numbers. Speculation of a takeover bid will inevitably surface if its share price continues to drop. Stockland and Westfield have already made their move for the AMP Diversified Property Trust and AMP Shopping Centre Trust respectively. ...

Stockland targets AMP Diversified Property Trust

Property development group Stockland has launched an unconditional takeover bid for AMP Diversified Property Trust (ADP), it has announced. Stockland currently owns 17.3 per cent of ADP. Stockland said that it would offer one stapled security and 80 ...

Principal Group tipped to launch counter bid for POF: Analysts

... most likely by far," one analyst said. "That seems to be a general view, having spoken to a number of institutions." Stockland, Mirvac or General Property Trust could present rival offers, but analysts said Principal Group, which managed POF, was considered ...

Moody's places ADP on review for possible downgrade

... placed the A1 issuer rating of AMP Diversified Property Trust (ADP) on review for possible downgrade following today's Stockland Trust announcement that it intends to make a full and unconditional offer to acquire ADP. "The acquisition of ADP will see ...

Stockland adds to Western Sydney industrial portfolio

Listed property development and investment group Stockland has purchased two industrial properties in Western Sydney for $28.6 million from recycling group Visy in a sale and long-term leaseback deal that will return an average yield of 9 per cent ...

Westpac opens up Moorebank, Stockland takes first slice

Westpac Funds Management has put the units for its Moorebank Property Trust on the market and announced that Stockland Trust has already purchased 24.9 per cent of the units for $22 million. Stockland has also been appointed to look after the asset ...

Stockland completes $285 million raising to fund acquisitions

Stockland has completed a $285 million capital raising by issuing 60,000,000 new securities to help fund four new property acquisitions throughout Australia, it announced today. It will pour the proceeds of the issue into units of the AMP Diversified ...