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Showing 1891 - 1900 of 5858 results for "Property"

Cromwell operating profit up 3pct, trims distributions

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
The $2.2 billion listed property manager has delivered an increase in operating profit of 3% as it continues with its strategy of capital management. Its statutory profit of $204 million was down 26.5% over FY17. However, its directors consider the ...

Charter Hall acquires $1.6bn property fund manager

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
Australian property giant Charter Hall plans to pay $205 million in cash to acquire a fellow ASX-listed property fund manager with $1.6 billion under management. Charter Hall, a group which manages $23 billion, has announced plans to acquire Folkestone ...

Global property manager appoints Aussie asset management lead

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... this, he was an AMP Capital senior investment analyst - office and industrial, for two years. He has also worked at DEXUS property group as senior investment analyst and at London-based Grosvenor Estates as a senior property analyst. In his new role ...

AMP incorrectly charged more than $26 million: Royal Commission

HARRISON WORLEY  |  THURSDAY, 16 AUG 2018
... shouldn't have been," Sansom said. With respect to the fee rebate, Sansom said that for some underlying investments like property and infrastructure, fees charged on an underlying basis should have been rebated to members. "That did not occur." Sansom ...

Customer data protections progress

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
... loan if they switched to another lender - but many choose not to or don't know how. With over 4000 different residential property loans on offer, it is no wonder that customers struggle to determine which home loan is best for them," Morrison said. "Many ...

Finding value in Fairfax

JAMIE WILLIAMSON  |  WEDNESDAY, 15 AUG 2018
... short position in the banks, Hopperton explained. "To have a view on banks you really need to have a view on residential property... Australia is now home to the most leveraged households in the world, and we don't think the demand for credit will ...

Federal Court rules partly in favour of DomaCom

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
... Supervision) Act. The full Federal Court found the Sole Purpose Test was not breached when a related party of an SMSF rented a property held by the DomaCom Burwood sub-fund. In a response to the ruling, DomaCom chief executive Arthur Naoumidis said the ...

Challenger increases annuity distribution

JAMIE WILLIAMSON  |  TUESDAY, 14 AUG 2018
... establishing new boutique managers during the year and our Challenger Investment Partners business continuing to win third-party property and fixed income mandates," Benari said.

Macquarie acquires Investa Office Fund stake

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
... an ongoing battle for control. As such, Investa Listed Funds Management has been notified that the Investa Commercial Property Fund, in its own opinion, is not restricted by the Corporations Act from voting on any of the resolutions proposed by the Investa ...

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
... paying tax. On 18 April 2018, a jury found both men guilty on numerous counts, one of which was conspiracy to deal with property valued greater than $1 million believing it to be proceeds of crime. Castagna failed to declare $5.7 million of income and ...