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Showing 181 - 190 of 2671 results for "Purchase"

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 ...

Vale Lang Walker

CHLOE WALKER  |  MONDAY, 29 JAN 2024
Sydney-based property magnate and philanthropist Lang Walker has passed away, aged 78. Walker, who alongside his father Alec formed the privately-owned property development company Walker Corporation over 50 years ago, has been remembered as a nation-builder ...

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... secure and growing income stream and long-term capital growth," Scantena said. Separately, BWP has entered into a sale and purchase agreement with Newmark to pay $22.5 million for the shares of Newmark REIT Management. Unless extended, the all-scrip ...

Perpetual Corporate Trust adds staff

ELIZABETH FRY  |  MONDAY, 22 JAN 2024
... wealth, asset management and superannuation markets. Perpetual acquired the debt and advisory business last October. The purchase also included specialist fixed income digital platform, Treasury Direct, which had $21 billion in assets under administration. ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... Group, which provides retail custody, and trustee and agency services to asset managers and financial product issuers. The purchase price was not disclosed. Certane had a previous life as Sargon Capital, led by chief executive Phillip Kingston. In 2018 ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... SEC's move to list Bitcoin ETFs on regulated exchanges thus allows advisers "the kingmakers of the ETF market" to purchase them, opening up the cryptocurrency market to a key segment. Nevertheless, SEC chair Gary Gensler emphasised that the approval ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
Mayfair 101 says its noteholders have been left devastated by new sales data that suggests the Mission Beach real estate portfolio has increased in value by as much as $170 million. Mayfair 101 purchased the portfolio of 200-plus properties in 2019. ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
Inflation declined to 4.3% in the year to November 2023, easing from 4.9% in October. The latest data from the Australian Bureau of Statistics (ABS) found that the rising costs of housing (up 6.6%), food and non-alcoholic beverages (up 4.6%), insurance ...

Centuria buys greenhouse farm

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
Centuria Capital Group is ramping up its agricultural portfolio with the acquisition of a $21.5 million greenhouse farm. The Centuria Agriculture Fund (CAF) is the new owner of the facility operated by hydroponic vegetable producer P'Petual Holdings. ...