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Showing 151 - 160 of 443 results for "Buys"

Macquarie Infrastructure buys rail business

DARREN SNYDER  |  FRIDAY, 21 OCT 2016
Macquarie Infrastructure and Real Assets is acquiring a 49% stake in Glencore Rail as part of a co-investment with Genesee & Wyoming Australia. The co-investment will create a $2 billion partnership with Macquarie (MIRA) having a non-controlling interest. ...

Bisan buys stake in RE, launches PE fund

ALEX BURKE  |  THURSDAY, 15 SEP 2016
Bisan has acquired a 40% equity interest in a responsible entity for three managed investment schemes and launched a private equity fund. The asset manager purchased the stake in Endeavour Securities for $600,000 from Linchpin Capital; following completion ...

TH Real Estate buys stake in Myer store

MARK SMITH  |  THURSDAY, 8 SEP 2016
TH Real Estate is buying a 33% stake in Myer Bourke Street in Melbourne for $151.3 million. The stake is being acquired from the Myer Family and is being invested alongside two existing investors. The global property investment specialist describes ...

AMP buys SMSF accounting platform

ALEX BURKE  |  TUESDAY, 2 AUG 2016
AMP has purchased a new self-managed superannuation accounting platform for $2.5 million. Purchased via subsidiary SuperConcepts Software Services from software provider Reckon, the Desktop Super platform provides data feeds from SISS Data Services ...

MGP subsidiary buys stake in QLD advice firm

ALEX BURKE  |  MONDAY, 18 JUL 2016
Managed Accounts Holdings (MGP) subsidiary Planner Holdings has acquired a minority interest in a Queensland-based advice firm. Holman McGregor Financial Services (HMFS), established in 2003 and based in Noosaville, is owned by Rob McGregor, founder ...

UniSuper reflects on investment highs and lows

DARREN SNYDER  |  FRIDAY, 8 JUL 2016
... shareholders in Scentre. The fund says depending on how you work the numbers, valuations can look expensive or reasonable buys. "Notwithstanding that we expect to see a correction in property at some point, we are currently inclined to hold because (a) ...

Folkestone buys first asset for senior living fund

MARK SMITH  |  THURSDAY, 7 JUL 2016
Folkestone's real estate funds management subsidiary has exchanged contracts for its first acquisition for its seniors living platform and the Folkestone Seniors Living Fund No.1 (FSLF). Folkestone Real Estate Management is acquiring Watermark Castle ...

TCorp creates bespoke fund for NSW govt

DARREN SNYDER  |  THURSDAY, 23 JUN 2016
... with that level of cash management profile," Deverall said. Deverall also shed light on TCorp's borrowing program, or who buys TCorp's bonds and is funding the NSW government from that perspective. He said about 60% of funding comes from banks because ...

Not-for-profit fund buys StatePlus

MARK SMITH  |  MONDAY, 23 MAY 2016
A $54 billion not-for-profit super fund is set to acquire StatePlus from State Super, which it says will create the largest member-owned financial planning network in Australia. First State Super (FSS) and State Super have reached a binding settlement ...

Azimut buys Australian equities manager

DARREN SNYDER  |  FRIDAY, 8 APR 2016
Italian asset manager Azimut has purchased a 51% stake in Sigma Funds Management, marking the European firm's second Australian partnership in 18 months. Azimut first launched its entry into Australia through the financial advice market in 2014, announcing ...