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Showing 151 - 160 of 297 results for "Property funds"

Super funds evolve towards direct property: AMP

ELISE BURGESS  |  WEDNESDAY, 30 NOV 2011
... towards creating their own portfolio, according to AMP's head property fund manager. Chris Judd, AMP's head of property funds management, said in a media briefing that AMP has a fairly optimistic view of direct real estate in Australia for 2012 with ...

Opus Capital offers EU olive branch to ASIC

ELISE BURGESS  |  FRIDAY, 14 OCT 2011
... financial services licence. The regulator has accepted the offer. Opus Capital, a responsible entity for 14 unlisted property funds, had its licence cancelled in August last year after the company failed to rectify the ongoing breach of the NTA condition ...

UBS installs new property managers after ING deal

MATT WOODINGTON  |  THURSDAY, 6 OCT 2011
Two UBS property funds have been put on hold by Standard & Poor's Fund Services, following managerial changes linked to the acquisition of ING Investment Management. The UBS Global Property Securities Fund and the UBS Property Securities Fund had their ...

Australian Unity revenue reaches $1bn

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
... Grove Retirement Village in Grovedale, Victoria. In August Australian Unity Investments acquired three unlisted property funds, with over $430 million in FUM, as part of its property growth strategy to build its retail funds business.

Opus licence decision overturned

RACHEL DAVIS  |  FRIDAY, 2 SEP 2011
... cancellation of the Australian financial services licence held by Opus Capital Limited, responsible entity for 14 unlisted property funds. ASIC's decision to cancel Opus' licence was made after the company failed to rectify an ongoing breach of the Net ...

CBD vacancies hit 2-year low

ALEX DUNNIN  |  THURSDAY, 18 AUG 2011
... and is now trying to digest above-average supply," said Verwer. The mixed vacancy results partially explain why property funds can report such varied outcomes depending where they are established and which projects they are exposed to, especially when ...

AUI expands with property fund acquisitions

ELISE BURGESS  |  MONDAY, 8 AUG 2011
Australian Unity Investments has picked up three unlisted property funds, with over $430 million in FUM, as part of its property growth strategy to build its retail funds business. Australian Unity Investments (AUI) has entered into an agreement with ...

Aspen wins Telstra Super deal

MATT WOODINGTON  |  THURSDAY, 21 JUL 2011
... more appropriate strategic weighting of our property portfolio, as well as an opportunity to extend our existing property funds management relationships in the wholesale investor sector," said Gavin Hawkins, managing director, Aspen Group. Telstra property ...

Aberdeen eyes insto cash for new Asian property fund

MATT WOODINGTON  |  WEDNESDAY, 13 JUL 2011
... closed ended fund of funds, Aberdeen's Asset Management Asia's third, aims to build a portfolio of best in class property funds across Japan, Australia, Singapore, China and India. The manager said that it would look to deliver a portfolio that spans ...

AUI banking on insto retirement capital

MATT WOODINGTON  |  TUESDAY, 5 JUL 2011
... capital markets, AUI. Like the retail market, institutional investors have been hesitant to plough money back into property funds of any sort with investments not providing the anticipated returns. AUI believes that the fact that it buys the villages ...