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Showing 1471 - 1480 of 5855 results for "Property"

APRA ditches property revaluation requirement

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
The prudential regulator has updated Authorised Deposit-taking Institutions (ADIs) on their requirements to revalue property in the wake of the COVID-19 downturn. APRA said ADIs are currently required to revalue property used as security for residential ...

ASIC warns funds to clean up adverts

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
... 'high yield' strategies were on its radar. Traditionally, funds that have made comparisons to term deposits have included property syndicates and private credit including mortgage lending, a source said. "ASIC will continue to monitor the advertising ...

Flamingo AI acquisition scrapped

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
... share sale agreement. Flamingo's board has now set itself a 30-day timeline to find a new buyer for its intellectual property or business operations. If a suitable acquirer doesn't emerge within the set period, the Flamingo Ai business will be discontinued ...

AustralianSuper denies turnover issue, delays office

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUN 2020
... said that some senior portfolio managers departing Australia's largest super fund was simply due to a restructure of its property team. "Staff turnover is very low at AustralianSuper and very low in the investment team, below 10%," Delaney said. Speaking ...

Centuria launches takeover bid

ALLY SELBY  |  MONDAY, 15 JUN 2020
... (NZD$130 million). It comes just over a month after Centuria Capital Group acquired a 23.3% stake in the New Zealand-based property manager at NZD$0.55 a share. In a release on the ASX, Centuria said the takeover would strengthen its position as a leader ...

HUB24, Pinnacle say goodbye to S&P/ASX 200

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
... market cap index. Australian Ethical Investment will join S&P/ASX 300. All Ords will add VGI Partners, Elanor Commercial Property Fund, Primewest, 360 Capital REIT and Prospa amid other changes. OneVue's share price drop amid the Sargon saga has also ...

AustralianSuper bets on build-to-rent

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... company's pipeline of projects. Assemble said the investment will enable it to grow its 'rent with the option to buy' property portfolio, known as the Assemble Model, which addresses housing affordability and access to homeownership. AustralianSuper's ...

UBS Australia launches new CBRE fund

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... CBRE Global Real Assets Fund has a fund-of-fund structure and will invest in existing vehicles from infrastructure and property funds from CBRE. However, it is unique among the existing CBRE lineup at UBS Asset Management (Australia) in that it will ...

Charter Hall invests in logistics

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
Charter Hall announced the acquisition of a $115 million logistics property as part of two of its industrial property funds. The company secured the property for its Charter Hall Prime Industrial Fund (CPIF) and Charter Hall Direct Industrial Fund No.4 ...

ATO warns against SMSF property development

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
... Taxation Office has shared its concerns about a growing number of SMSFs purchasing and investing in the development of real property. The ATO said it strongly encourages SMSF trustees who may be considering property development to seek professional advice ...