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Showing 171 - 180 of 773 results for "Property fund"

Dexus reports higher portfolio valuations

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
... In May, it bid to acquire APN Group that valued the latter at about $320 million. In April, the Dexus Wholesale Property Fund and the AMP Capital Diversified Property Fund won shareholder approval from both funds to merge.

Investa names chief executive

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
... 2007 having worked for the firm from 2002 to 2004. He was previously the fund manager for the Investa Commercial Property Fund. "Peter is a strategic leader with a proven track record, who has been a key executive within the Investa management team since ...

Centuria launches unlisted fund

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... has launched a new fund that invests solely in a $224 million building in Victoria. The Centuria Government Income Property Fund (CGIPF) will become the new owner of 1 McNab Avenue, a 14-storey building located in Footscray. CGIPF will raise $133 million ...

Dexus cornerstones Australian Unity healthcare raise

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
... additional investment opportunities." Dexus said it will still push ahead with its own $1.1 billion Dexus Healthcare Property Fund. It expects the Australian Unity investment to be accretive to FY22 adjusted funds from operations and distributions per ...

Dexus to acquire APN Property Group

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
Dexus will acquire all of APN Group's stapled securities in a bid that values the latter at about $320 million. The two have entered a scheme implementation deed. Dexus will pay 91.5 cents per APN stapled security in cash. This is 50% higher than APN's ...

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
An ASIC review of retail managed funds found that they effectively coped with the challenges presented by COVID-19. ASIC found managed funds largely did not face serious investor liquidity challenges during the height of COVID-19 market disruptions ...

Property Funds Association appoints president

JAMIE WILLIAMSON  |  THURSDAY, 29 APR 2021
... the COVID recovery." A new vice president has also been named in Melissa Kingham, executive director of the Haben Property Fund. She has previously served as a fund manager at SCA Property Group and has also held roles with Woolworths Group and Defence ...

AMP Capital fails to stop fund merger

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
AMP Capital has failed in its bid to stop a merger between the Dexus Wholesale Property Fund and the AMP Capital Diversified Property Fund. Unitholders in both funds voted in favour of the merger. The AMP Capital Diversified Property Fund (ADPF) has ...

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... Choice superannuation fund. Raiz is set to buy Superestate, whose business includes superannuation, a residential property fund, and a property data platform. Under the deal, its founder Grant Brits and Superestate's staff will join Raiz. Raiz is funding ...

Centuria to merge with Primewest

ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
... forward to the successful completion of the merger and building on Centuria's position as a leading Australasian property fund manager," Charny said. As a part of the transaction, Primewest founders John Bond, David Schwartz and Jim Litis will enter ...