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Showing 141 - 150 of 2113 results for %22Real estate%22

ESR appoints investment, operating chiefs

CHLOE WALKER  |  WEDNESDAY, 12 JUL 2023
... ESR since 2018, serving as group head, capital and new economy fund management. He boasts close to three decades of real estate investment experience, having held leadership roles across the private equity and real estate divisions in various financial ...

Challenger settles real estate unit divestment

KARREN VERGARA  |  MONDAY, 10 JUL 2023
Challenger has settled the sale of its real estate business to Elanor Investors Group for the final price of $38 million. The total consideration, which represents 24.8 million shares issued in ASX-listed Elanor (ENN), is before-tax and transaction ...

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
... increased scale, diversification, and distribution stability. Fernandes added that Cromwell's reputation as a "leading real estate funds manager and a custodian of investors' capital" places the combined fund in good stead for future success. "We look ...

iPartners launches property credit fund

KARREN VERGARA  |  THURSDAY, 6 JUL 2023
The alternatives fund manager has launched a strategy to wholesale investors that targets secured real estate loans located in Australia and New Zealand. iPartners' Property Credit Fund is capped at a $50 million raise before first close, with iPartners ...

Cadence secures $55m for new fund

CHLOE WALKER  |  TUESDAY, 4 JUL 2023
... Property Group (Cadence) has completed the capital raise for its first multi-asset value-add fund, the Cadence Australian Real Estate Partnership I (CAREP), as well as making its first acquisition. The $13.9 million purchase of an industrial site in ...

Cromwell, Value Partners group join forces

CHLOE WALKER  |  MONDAY, 3 JUL 2023
... disciplined without unduly increasing gearing risks," he said. Meanwhile, Value Partners Group managing director and head of real estate private equity Rachel Tong said: "As a Hong Kong-based investor, it's great to partner with Cromwell who will remain ...

Nuveen, Commonwealth Private partner to launch REIT

CASSANDRA BALDINI  |  FRIDAY, 30 JUN 2023
The Nuveen Global Cities Real Estate Fund is the asset managers' first locally domiciled unit trust for Australian private wealth clients. The new vehicle serves as an Australian-domiciled feeder into Nuveen's listed global cities real estate ...

Centuria looks to grow WA portfolio

CHLOE WALKER  |  FRIDAY, 23 JUN 2023
... acquisition, the Margaret River Coles shopping centre in April. It also follows the merger between Centuria and Perth-based real estate funds manager PrimeWest. "Our portfolio consists mainly of smaller neighbourhood shopping centres... We've been ...

ISPT targets success with revamped leadership

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... the Charter Hall Prime Office Fund. He also previously held roles with sovereign wealth fund GIC, Stockland, and ING Real Estate. Taking on a newly created role, Steven Peters is now the group's chief sustainability officer. ISPT said this new role reinforces ...

Dexus assets drop by $1bn

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
Dexus has copped a $1 billion loss across 175 of its 182 assets, equating to a 6% drop in value. The real estate asset group said as of 30 June 2023 an external independent valuation calculated a 6% drop on prior book values for its 32 office properties ...