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Showing 271 - 280 of 708 results for "Lease"

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 ...

IFM and QIC to compete for Port of Melbourne

DARREN SNYDER  |  FRIDAY, 19 AUG 2016
... Both IFM Investors and QIC have been given the green light to progress respective consortium bids to acquire the 50-year lease of the Port of Melbourne. The Australian Competition and Consumer Commission (ACCC) said it will not oppose the two separate ...

Westpac COO departs, management restructures

ALEX BURKE  |  FRIDAY, 5 AUG 2016
... he was managing director and chief executive at Investa Property Group. Arthur has also held positions at Freehills, Lend Lease and Gilbert + Tobin. Commenting on the departure, Westpac chief executive Brian Hartzer said: "Under John's leadership, we ...

GBST director resigns in board renewal

ALEX BURKE  |  THURSDAY, 28 JUL 2016
... the boards of BT Investment Management, Brickworks and Service Stream, and has held senior roles at CBA, Allens and Lend Lease. Brackin said at the time: "Deborah's extensive financial expertise coupled with her prior executive roles will enable her ...

Sustainable office trust attracts major new investor

MARK SMITH  |  THURSDAY, 28 JUL 2016
... $400 million portfolio. HISOT is designed to refurbish up to a dozen decentralised city office buildings, giving them a new lease on life through improvements that increase their sustainability and reduce their carbon emissions. CEFC Corporate and Project ...