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Showing 131 - 140 of 2502 results for "Estate"

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
... This contrasts with the previous year, where fair valuation gains amounting to $926 million were acknowledged. The real estate giant said the revaluation losses primarily drove the $1.40 or 11.4% decrease in net tangible asset (NTA) backing per security ...

Institutional investor pumps $750m into Qualitas fund

CHLOE WALKER  |  WEDNESDAY, 16 AUG 2023
... Debt Fund II will allow the investment manager to capitalise on upcoming attractive opportunities in the commercial real estate (CRE) private credit sector. The commitment of $750 million by an unnamed institutional investor brings the size of the fund ...

Assembly launches second diversified fund

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
Assembly Funds Management (AFM) has initiated a limited first close of its second diversified real estate fund, ADPF2, aiming to capitalise on value add and special situations opportunities in the market. AFM's first fund, ADPF1, which has $350 million ...

Barwon snaps up $124m of healthcare assets

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... healthcare industry, while establishing our presence within the highly sought-after Westmead health precinct." "Healthcare real estate is holding up well through the cycle in comparison to traditional commercial property sectors such as office and retail ...

High rates impacting REITs: Quay

CHLOE WALKER  |  FRIDAY, 11 AUG 2023
... Expectations of a global recession caused by an unprecedented interest rate increase has seen sentiment towards listed global real estate soar, according to Quay Global Investors (Quay) principal and portfolio manager Justin Blaess. While the listed ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
ASIC has filed a suit against Active Super over greenwashing claims, alleging, among other charges, that the super fund was invested in Russian assets after the invasion of Ukraine while purporting otherwise to members. The markets regulator has commenced ...

Newmark Property REIT delivers mixed bag

CHLOE WALKER  |  WEDNESDAY, 9 AUG 2023
... Cruickshank said. "Despite the prevailing external headwinds, NPR's portfolio continues to benefit from a high-quality real estate portfolio with a secure income stream and high-quality real estate portfolio with a secure income stream and high-quality ...

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 ...