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Showing 221 - 230 of 2657 results for "Purchase"

Cadence secures $55m for new fund

CHLOE WALKER  |  TUESDAY, 4 JUL 2023
... the Cadence Australian Real Estate Partnership I (CAREP), as well as making its first acquisition. The $13.9 million purchase of an industrial site in Melbourne's inner west is set to be the first of many by the newly funded investment vehicle, led by ...

ASIC permanently bans David Sutton

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... also disguised that a related party was the true owner and seller of unlisted shares that he arranged his clients to purchase. While Sutton and McFaddens retain the right to contest the decision by appealing to the Administrative Appeals Tribunal, ASIC's ...

Cromwell, Value Partners group join forces

CHLOE WALKER  |  MONDAY, 3 JUL 2023
... Italy. The sale is based on a portfolio asset value of $91.4 million, which is about a 9.4% increase on Cromwell's initial purchase price. Settlement is expected later in the month, with Cromwell's European operations team set to continue to manage the ...

Warakirri buys almond farm

CHLOE WALKER  |  MONDAY, 3 JUL 2023
... milestone. In December last year, Warakirri announced a partnership with Australian Vintage Limited (AVG) as well as the purchase of two large scale vineyards for $62.5 million.

Australian Unity buys up hospital land

CHLOE WALKER  |  MONDAY, 26 JUN 2023
Australian Unity's Healthcare Property Trust (AUHPT) has purchased a key land holding located in Melton, Victoria for approximately $15 million. The acquisition of 2 Coach Street, Cobblebank is part of a plan to develop the area into a private hospital ...

Centuria looks to grow WA portfolio

CHLOE WALKER  |  FRIDAY, 23 JUN 2023
The latest purchase of a $16 million Busselton neighbourhood shopping centre reflects the group's increased focus on the golden state, according to head of retail Bruce McCully. The daily needs neighbourhood shopping centre is anchored by a Coles ...

CEFC backs agriculture investment platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023
The Clean Energy Finance Corporation (CEFC) and a Canadian state investment manager have co-invested in a platform aimed at assisting Australian farmers at decarbonising while boosting farm production. CDPQ (Caisse de dépôt et placement du Québec) ...

Challenger lowers stake in Elanor

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... to escrow and clawback provisions. Elanor will be able to clawback up to 15.7 million of the securities at 63% of the purchase price if certain investment management agreements are terminated within nine months of completion. The provision also covers ...

Infratil buys Brookfield stake in telco business

CHLOE WALKER  |  THURSDAY, 15 JUN 2023
... deal has increased Infratil's ownership of the country's second biggest mobile market operator to 99.9%. It funded the purchase through a NZ$850 million equity raising. "Beyond One NZ, we continue to see exciting near-term opportunities for investment ...

AMP offloads SuperConcepts

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
An investor group comprising private equity firm Pemba Capital Partners and several advice industry executives is buying the SMSF administration business and its SuperMate solution. AMP is selling SuperConcepts to Pemba Capital Partners, which is co-investing ...