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Showing 151 - 160 of 295 results for "Property funds"

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 ...

Advisers shape new unlisted property market

ELISE BURGESS  |  WEDNESDAY, 15 JUN 2011
Centuria Property has launched new management benchmarks for its unlisted property funds after consulting with advisers on the least favourable aspects of current property funds in a bid to reshape the entire industry. Centuria Property spoke with advisers ...

Property managers stifled by lenders

MATT WOODINGTON  |  MONDAY, 16 MAY 2011
... is yet to return to the major lenders," said Robert Olde, president, ADPIA. Despite a relatively barren year for property funds still struggling to secure the anticipated level of retail investment, the sector has largely avoided the M&A activity that ...