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Showing 151 - 160 of 813 results for "Properties"

AMP Capital spins off REIT

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
... real estate investment trust (REIT) for a one-off payment of $197 million. AMP Capital held a 50% stake in Precinct Properties New Zealand via its management company AMP Haumi Management and has managed Precinct since its listing in 1997. Under AMP ...

Mayfair found to have misled

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... secured financial products when funds were actually lent to a related party and not secured, used to pay deposits on properties and used to purchase assets that were not secured. The judge, Justice Anderson, found the term deposit representation was ...

KKR names local real estate head

ANNABELLE DICKSON  |  TUESDAY, 23 MAR 2021
... approximately 20 real estate transactions including investments in mixed use, commercial, industrial, hotel, office, and retail properties. KKR head of Asia Pacific real estate John Pattar said Lee has a unique skillset as an investor, operator and platform ...

Former AMP adviser in enforceable undertaking

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... wholly owned subsidiary of AMP, when she allegedly received referrals in relation to establishing SMSFs from Park Trent Properties. ASIC found that Thorne had advised clients to establish an SMSF without taking their circumstances into account. It seems ...

REITs extend performance struggles

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
... January 2021 topped 13.3% p.a. for the Australian Unity Diversified Property Fund, which is an unlisted fund that owns 11 properties nationwide in the sectors of retail, office and industrial. The Lendlease Australian Prime Property Retail Fund came ...

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... has said these housing price hikes are secondary. It might be secondary for politicians who have multiple investment properties and are pocketing 15% super, but it sure isn't for those young Australians, who under his scheme, will be staring down ...

Charter Hall bleeds profits, appoints director

ANNABELLE DICKSON  |  WEDNESDAY, 17 FEB 2021
... December with growth across all three sectors: wholesale, listed and retail. The property portfolio increased by 291 properties with rent increasing by $2 million as a result. In addition, the weight average lease expiry (WALE) increased from 8.6 to ...

Centuria spends big ahead of fund launch

ELIZA BAVIN  |  FRIDAY, 29 JAN 2021
... acquisitions for its unlisted fixed term Centuria Industrial Income Fund set to launch next week. The three industrial properties are worth a collective $62.5 million and provide a 9.1-year portfolio Weighted Average Lease Expiry (WALE). The most expensive ...

Fund manager hires distribution lead

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... via a cross-staple loan from Eildon Trust to Eildon Capital. EDC invests in industrial, residential and commercial properties in New South Wales, Queensland and Victoria, managed by Eildon Funds Management.

Real AM considers listing new REIT

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
... acquiring three regional hospitals for $100 million. The hospitals, previously owned by Canada's Northwest Healthcare Properties, include the North West Private Hospital in Cooee Tasmania, the purpose-built Dubbo Private Hospital in Dubbo New South ...