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Showing 1461 - 1470 of 3012 results for "Estate"

Centuria REIT sees $755m off-market takeover

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... 3.5 PLG shares. Following a 100% acquisition, PLG will become the largest A-REIT focused on Australian industrial real estate ownership. It will have a combined portfolio of $1.8 billion, an extended WALE, increased tenant and geographical diversification. ...

IOOF offloads corporate trust business

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... strategic fit with Sargon." The AET private trust business, which IOOF is retaining, provides private client trustee services, estate planning and compensation trusts. Sargon chief executive Phillip Kingston welcomed said there was a complementary fit ...

Boutique appoints distribution lead

KANIKA SOOD  |  WEDNESDAY, 12 SEP 2018
... It works in partnership with Mesirow Financial to deliver passive and active currency solutions and US multi-family real estate opportunities to Australian investors. Devlin started in the role on Monday.

Pengana flags private equity LIT launch

KARREN VERGARA  |  TUESDAY, 11 SEP 2018
... the soon-to-be ASX-listed investment trust. It invests in alternative assets such as hedge funds, private equity, real estate and infrastructure. Grosvenor was chosen because it has a long track record of investing high-quality private equity managers ...

Unlisted property returns surpass equities: Research

KARREN VERGARA  |  TUESDAY, 11 SEP 2018
... to perform strongly, delivering 11.7% for the period; income returns were stable at 5.7%. The structural nature of real estate as a strong generator of low volatility income continues to attract capital flows in an environment where low bond yields have ...

Evans Dixon buys Fort Street Advisers

KANIKA SOOD  |  MONDAY, 10 SEP 2018
... create a corporate and institutional business. Evans Dixon will also ramp up its stake in the $730 million Fort Street Real Estate Capital (FSREC) business and the Fort Street Street Real Estate Services (FSRES) business, increasing its interest to 75% ...

Blue Sky offloads six funds

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
... expected to gain an internal rate of return between 6% and 30% per annum, Blue Sky said. During FY17, its private real estate team invested in developing a portfolio of retirement villages with the help of Aura. Blue Sky acquired its 50% stake in Aura ...

Industry fund and Lendlease strike $1.4bn property deal

DARREN SNYDER  |  THURSDAY, 23 AUG 2018
... sector is valued at more than US$3 trillion and has delivered higher and less volatile returns than most major US real estate sectors during the past 25 years, a joint statement said. "The strength of the sector has been underpinned by a major shift ...

Cromwell operating profit up 3pct, trims distributions

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... of the company's underlying earnings. This was up 3% to $156.8 million. It also said it sees Aussie commercial real estate close to its peak, and is relying on its ground presence in Singapore and 12 European countries to find the right exposures ...

CCIV draws mixed reception: Research

KARREN VERGARA  |  THURSDAY, 23 AUG 2018
... also planning to expand product suites into more complex asset classes over the same timeframe: hedge funds (85%), real estate funds (83%) and private equity funds (83%).