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Showing 161 - 170 of 712 results for "Lease"

Elanor launches new fund

ELIZABETH MCARTHUR  |  THURSDAY, 26 NOV 2020
... occupied, with long-term leases to the Queensland Government and the Catholic Church and have a 7.2 year weighted average lease expiry. The sites are an established medical precinct, opposite the Princess Alexandra Hospital, and close to major transport. ...

Centuria makes $171m acquisition

ELIZA BAVIN  |  TUESDAY, 17 NOV 2020
... $171.1 million on an average initial yield of 5.62%. The portfolio is currently 100% occupied and have a weighted average lease expiry (WALE) of 6.4 years with assets based in NSW, VIC and QLD. CIP will also undertake a fully underwritten institutional ...

MIRA set to acquire REIT

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... Australia and Tasmania, which are leased to Costa Group, a horticultural company and fresh produce supplier. The 15-year lease term began in 2011. Last financial year, Vitalharvest made $10.1 million in net profit and had $285.6 million in assets under ...

The hits you don't see hurt the most: Aviva

ELIZABETH MCARTHUR  |  MONDAY, 9 NOV 2020
A survey of institutional investors representing over €2 trillion in assets under management, conducted by Aviva Investors, demonstrated that COVID-19's blows to real assets have left pension funds wary. Less than half of insurance companies (49%) ...

Centuria acquires property for healthcare fund

ANNABELLE DICKSON  |  WEDNESDAY, 4 NOV 2020
... Hobart Day Surgery and Sundew Day Surgery. The fund's current portfolio is 100% occupied with a 5.7 year weighted average lease expiry (WALE) and is due to pay its first monthly distribution on 10 November 2020.

Elanor expands healthcare real estate fund

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
... and mental health administration services occupy the 4966 square metres of net lettable area, providing a weighted average lease expiry of 5.4 years. Elanor co-head of real estate David Burgess said: "The Elanor Healthcare Real Estate Fund delivers superior ...

AustralianSuper backs cobalt miner

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... projects. It said it will use the $45 million raise to acquire a nickel-cobalt refinery in Brazil, including purchase deposit, lease payments from March 2021 and restart study costs. It will also use the money for Idaho Cobalt Operations. The superannuation ...

Sydney boutique sharpens focus on HNWs

KANIKA SOOD  |  FRIDAY, 9 OCT 2020
A Sydney real estate fund manager has established a private wealth division, as it sees opportunities to snap up new assets for syndicates of wealthy investors. EG currently manages about $3.2 billion in property assets, for investors that are mostly ...

Brisbane Mater acquired for $122.5m

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
... reflects a passing yield of 4.84%, with fixed annual rental increases of 3%. The property is underpinned by a new 10-year lease to Mater with two five-year options. The acquisition introduces a new and well capitalised healthcare tenant to CQE's ...

New property fund launched

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... income either agreed or in active negotiation. Additionally, EAM said the fund will offer a forecasted weighted average lease expiry of approximately 11 years at opening, and initial property yield of 6%, total fund equity of $30.1 million and scheduled ...