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Showing 141 - 148 of 148 results for "Office Fund"

Investa to launch takeover bid for Principal Office Fund

Investa Property Trust intends to make an offmarket takeover offer for Principal Office Fund, it has announced. Last week Investa bought an 8 per cent stake in Principal. Investa managing director Chris O'Donnell said the offer should provide clear ...

Investa, Principal Office Fund halt trade pending announcement

Investa Property Group and Principal Office Fund have both requested trading halts pending an announcement to be made to the market later this morning. The requests come after Investa last week purchased an 8 per cent stake in Principal Office Fund. ...

Investa acquires 8.4% of Principal Office Fund

Investa Properties Limited has acquired an 8.4 per cent investment in the Principal Office Fund ("POF") from a range of institutional investors at $1.58 per POF unit, it has announced. "Our investment in POF has strategic value and is immediately accretive ...

Principal Office Fund leaps to six-year high

Principal Office Fund units have jumped to a six-year high, following Investa Property Group's purchase of an 8.4 per cent "strategic" stake in the trust. Principal units rallied 22 cents or 16% to $1.62, eclipsing the $1.58 paid by Investa in an overnight ...

S&P leaves AMP and Investa ratings unchanged

... focused banking strategy by AMP," S&P said. Likewise, Investa Properties' strategic purchase of a stake in Principal Office Fund (POF) has had no immediate impact on POF's ratings, S&P said. Investa has purchased 8.4 per cent of the issued units of POF ...

Principal appoints Ben Aiken to replace Tim Russell

The Principal Office Fund has appointed Ben Aiken to director of capital transactions to replace the departing Tim Russell, it has announced. "We are advanced in our recruiting drive for an additional asset manager. On appointment, and after an appropriate ...

Macquarie buys CFS Industrial Property Trust for $500 million

... $500 million acquisition of the Colonial First State Industrial Property Trust (CIT) from the Commonwealth Property Office Fund (CPA). Macquarie Goodman Industrial Trust (MGI) will pay $475 million for its interest in CIT while Macquarie Goodman Management ...

Commonwealth Property Office Fund reports $64.8 million profit

Paul Cully The Commonwealth Property Office Fund returned a profit of $64.8 million in the half-year period to December 31, it reported today. The result includes an acquired profit of $20.44 million following the acquisition of the office, industrial ...