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Showing 151 - 160 of 2649 results for "Purchase"

UniSuper buys up Deer Park site

RACHEL ALEMBAKIS  |  THURSDAY, 15 FEB 2024
... accommodate over 330,000 square metres of prime logistics and warehouse space once fully developed, UniSuper said. The purchase was negotiated by GPT, as part of an approximately $3 billion separate account direct property mandate with UniSuper. UniSuper ...

Sydney HNWI drops $24m on EG building

CHLOE WALKER  |  THURSDAY, 15 FEB 2024
A private investor has purchased EG's Mungo Scott Building, situated within the iconic Flour Mill of Summer Hill precinct for $23.8 million. The transaction of the Mungo Scott Building totals 3510 square metres and has an occupancy rate of 85%. The ...

MA Financial splurges on 13th marina

CHLOE WALKER  |  THURSDAY, 15 FEB 2024
MA Financial has purchased Queensland's East Coast Marina for $33 million, expanding its Marina Fund. The East Coast Marina, located in Brisbane's Manly harbour, consists of 330 berths, dry storage for 240 vessels, 595 square metres of commercial buildings ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... Council (FSC) reveals that within the next decade, nearly one-fifth of Australian households will become eligible to purchase wholesale products without retail consumer protections. Accordingly, the research, undertaken by PwC and Data Analysis Australia ...

Count drops $4.1m on SMSF services company

CHLOE WALKER  |  MONDAY, 12 FEB 2024
Count Limited (Count) has acquired Solutions Centric, a company that provides offshore SMSF services out of India, with an aim to expand its services segment to support financial planning and accounting businesses. Count will acquire 51% of the business ...

Prime to acquire boutique fund manager

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... Altor Capital which has a staff of seven based in Brisbane. Prime will pay an initial consideration of $1.5 million but a purchase price not exceeding $4.2 million payable. This is subject to Altor achieving an annual EBITDA of $700,000 over a three-year ...

MA Financial buys $96m hotel to seed fund

CHLOE WALKER  |  TUESDAY, 6 FEB 2024
... outdoor swimming pool and car spaces. MA Financial joint chief executive Julian Biggins said the group is excited about the purchase of Vibe Docklands and expects it will be the first in a range of hotel properties it acquires in the near term. "We believe ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
The banking giant was found to have engaged in unconscionable conduct in the interest rate swap case borne out of AustralianSuper and IFM Investors' acquisition of part of Ausgrid in 2016. In October 2016, Westpac engaged in pre-hedging of an interest ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
Annual inflation in December 2023 was 4.1%, down from 5.4% the previous quarter, but still above the Reserve Bank of Australia's (RBA) 2-3% target band. This marks the fourth consecutive quarter of declining annual inflation, down from a peak of 7.8% ...

Quinn family rescues beloved Sara Lee

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... noted that the Quinn family have been successful in fast-moving consumer goods businesses, most recently involved in the purchase of Darrell Lea after it had gone into voluntary administration in 2012, and its successful turnaround. As part of the transaction ...