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Showing 271 - 280 of 712 results for "Lease"

New CEO for Port of Melbourne

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
... Consortium has appointed a new chief executive officer of Port of Melbourne. Effective from financial close of the 50 year lease transaction with the Victorian Government (expected to be 31 October), Brendan Bourke will take on the role. Bourke has more ...

N1 purchases Sydney property portfolio

ALEX BURKE  |  MONDAY, 24 OCT 2016
... of quality existing real estate agencies is a rapid and effective pathway for N1 to enter the resale property, sale and lease management market," N1 Loans chair Ren Hor Wong said. "This acquisition is projected to boost N1 Realty. In addition, this acquisition ...

AustralianSuper, IFM Investors buy Ausgrid in five weeks

DARREN SNYDER  |  FRIDAY, 21 OCT 2016
... investment bid on August 19. Both IFM Investors and AustralianSuper have paid $16.2 billion for a 50.4% interest in a 99-year lease of Ausgrid. IFM Investors chief executive Brett Himbury said: "This is a new kind of 'PPP' - a true Pension Public Partnership. ...

Charter Hall abandons REIT IPO

ALEX BURKE  |  WEDNESDAY, 19 OCT 2016
... portfolio of industrial, office and hospitality assets with a total value of greater than $1 billion and a weighted average lease expiry (WALE) in excess of 12 years," according to the company's statement at the time. J.P. Morgan Australia and UBS were ...

AustralianSuper and IFM seek energy asset

DARREN SNYDER  |  MONDAY, 26 SEP 2016
... process, both IFM Investors and AustralianSuper submitted an unsolicited proposal to purchase a 50.4% interest in a 99-year lease. NSW Treasurer Gladys Berejiklian said the institutional investors' proposal "is another indication of the strong market ...

Charter Hall invests in two commercial properties

MARK SMITH  |  WEDNESDAY, 21 SEP 2016
... Target and Aldi together with 10 mini majors and 84 specialty tenancies, with a 98% occupancy and 4.7 year weighted average lease expiry. The second investment sees Charter Hall take a 50% stake in the office headquarters of Coles in Melbourne. The supermarket ...

QIC and Future Fund win Port of Melbourne lease

DARREN SNYDER  |  MONDAY, 19 SEP 2016
... IFM Investors-led group to secure ownership of one of Australia's largest infrastructure assets and acquire the 50-year lease at the Port of Melbourne. Known as the Lonsdale Consortium, QIC, in conjunction with the Future Fund, Global Infrastructure ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 13 SEP 2016
... commitments for owner occupation (excluding alterations and additions) decreased by 3.1% in July following June's 1.6% gain. Lease financing dropped by 8.7% in July after increasing by 10.5% in June. China new vehicle sales Temporary tax incentives and ...

TH Real Estate buys stake in Myer store

MARK SMITH  |  THURSDAY, 8 SEP 2016
... company's head of asset management for Australia, Jayson Egan, said: "The underlying retail fundamentals and long indexed lease structure ensure sustainable income returns making it a defensive long term investment. Melbourne's metropolitan population ...

Healthcare property produces double digit returns

DARREN SNYDER  |  TUESDAY, 23 AUG 2016
Australian Unity's real estate investment business says its Healthcare Property Trust is ripe for potential acquisitions as well as developing new and existing assets. Returning more than 20% last financial year, Australian Unity believes the trust ...