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Showing 2851 - 2860 of 5858 results for "Property"

Market wrap

AAP  |  MONDAY, 28 JUL 2014
... Group stock was 42 cents higher at $3.54 after REA announced it had acquired a large stake in the South East Asian online property business. The financials are largely down, with Commonwealth Bank shedding 41 cents to $81.87, Westpac losing 19 cents ...

Legg Mason acquires UK global equity manager

MARK SMITH  |  FRIDAY, 25 JUL 2014
... 13-person team, will become part of Martin Currie. LMAE is an active Australian equities manager, which includes small cap, property/infrastructure, income and large cap value strategies. Martin Currie has a total of US$9.8 billion ($10.4 billion) in ...

AustralianSuper awards residential property mandates

JAMES FERNYHOUGH  |  THURSDAY, 24 JUL 2014
AustralianSuper plans to increase its holdings in direct Australian residential property in a new deal with property managers QIC and ISPT. There was no dollar figure attached to the 'mandate' - rather, QIC and ISPT will look for investment opportunities ...

Investors vulnerable as property schemes shirk risk disclosure

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
Unlisted property fund managers who fail to adequately disclose risks are placing investors in a vulnerable position according to the Australian Securities and Investments Commission (ASIC). ASIC commissioner Greg Tanzer said a review into the sector's ...

Market wrap AM

AAP  |  WEDNESDAY, 23 JUL 2014
... strategic review presentation. Meanwhile, Woodside chairman Michael Chaney, Rio Tinto chief executive Sam Walsh and Dexus Property CEO Darren Steinberg are slated to be at the Business Leaders Forum lunch in Perth. In Australia, the market on Tuesday ...

Shartru completes first book builds in DomaCom fund

LAURA MILLAN  |  TUESDAY, 22 JUL 2014
The first book builds in the DocmaCom Fund to crowd fund property syndicates was completed by Sydney financial planning firm Shartru Wealth Management. Shartru introduced 30 people into the residential property investment market through the fund's crowdfunding ...

JANA adds property consultant to research team

MARK SMITH  |  TUESDAY, 22 JUL 2014
JANA has appointed Alastair McIntosh to a newly created role as a consultant focusing on property research. JANA said the appointment reflects a need to increase property research resources at a time when demand from institutional clients is growing. ...

Two property funds announce significant acquisitions

MARK SMITH  |  TUESDAY, 22 JUL 2014
Two domestic property portfolios, Investec Australian Property Fund and Australian Unity Healthcare Property Trust, have announced significant acquisitions. The Investec Australian Property Fund has purchased Brisbane office development 757 Ann Street ...

SMSFs stung by $1M property Ponzi scheme

LAURA MILLAN  |  FRIDAY, 18 JUL 2014
... Victoria, has been charged for illegally obtaining more than $1 million from self-managed super fund (SMSF) investors to fund property development. Patrick obtained the money from 14 investors between 2007 and 2010 and has been charged with counts of ...

ASIC concerned about SMSFs, warns spruikers

LAURA MILLAN  |  THURSDAY, 17 JUL 2014
The sharp rise in promoters recommending Australians to use their self-managed super fund (SMSF) to invest in property has led the Australian Securities and Investments Commission (ASIC) to remind property developers that they need a license to operate. ...