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Showing 11 - 20 of 156 results for %22Unlisted real estate%22

Norway's sovereign wealth fund returns 10%

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
... $13.7% return on equity investments for the first half of 2023, while fixed income yielded 2.2%. However, unlisted real estate and renewable energy infrastructure saw declines of 4.6% and 6.5% respectively. Also, the fund's overall performance trailed ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
... performing logistics centre," UniSuper senior manager property Nick Stephens said. "The investment adds to our $7.3 billion unlisted property portfolio." Richmond Bridge chief investment officer Peter Wylie said the transaction capitalises on a market ...

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
Cromwell Property Group (Cromwell) and Australian Unity Property have agreed to bring two unlisted property funds under the one roof, creating a $1.1 billion entity. The deal will result in unitholders in the Cromwell Direct Property Group (CDPF) and ...

IFM, ISPT explore merger options

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... the two collaborated on launching International Property Funds Management (IPFM), which invests in global unlisted real estate. Tony McCormack was appointed as the inaugural chief executive. "Any merger must create value for the shareholders and unitholders ...

Macquarie AM wins manager of the year: ILAs

STAFF WRITER  |  FRIDAY, 2 JUN 2023
... solutions to Australian investors. "There are a lot of products available now through multiple distribution channels, such as unlisted unit trusts and exchange-traded products. Our role is to help investors identify which products should be part of their ...

ASIC grants MSC Trustees new powers

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... oversaw note issues for Australian Unity, Centuria, Flight Centre and Mosaic Brands. In 2016, MSC Trustees took over the unlisted debenture book from Sandhurst Trustees after owner Bendigo & Adelaide Bank exited the market. Last July, Alceon Group chose ...

Rest appoints head of property

ELIZABETH FRY  |  MONDAY, 6 FEB 2023
... manager selection, and asset acquisition across Rest's $6 billion-plus real estate portfolio. "Property and our other unlisted assets continue to be very important in providing diversification and a stable source of long-term income to our members. ...

Norwegian wealth fund reports -14.1% return

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
... Tangen said. As at the end of 2022, 69.8% of the fund is invested in equities, 27.5% in fixed income, 2.7% in unlisted real estate, and 0.1% in unlisted renewable energy infrastructure. The fund was established in 1996 to invest Norway's surplus revenues ...

Centuria buys $70m tomato farm

CHLOE WALKER  |  FRIDAY, 16 DEC 2022
... acquisitions we intend to deliver throughout FY23 and beyond, with the aim of growing CAF into one of Australia's largest unlisted, sector-specific agriculture funds, he said."

Industrial property ensures big wins for TelstraSuper

ELIZABETH FRY  |  MONDAY, 21 NOV 2022
... industrial property delivered bumper returns for the superannuation fund as the boom in online shopping drove up values. The unlisted property sector makes up about 11% of the super fund's balanced investment option, of which more than 25% is in ...