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Showing 3151 - 3160 of 5858 results for "Property"

ASIC drops charges against Westpoint directors

MARK SMITH  |  WEDNESDAY, 15 MAY 2013
... case should proceed no further and filed Notices of Discontinuance," ASIC said. The situation relates to the collapse of property investment brand Westpoint Corporation, which was running a Ponzi scheme that collapsed in January 2006. Around 3,500 investors ...

Rate cuts prompt SMSF cash exodus

MARK SMITH  |  FRIDAY, 10 MAY 2013
A wave self-managed super fund (SMSF) trustees are swaping their cash holdings for fixed interest and direct property investments, according to the latest Multiport SMSF Investment Patterns Survey. Falling cash rates mean that term deposits and savings ...

Investors need income rethink after RBA rate cut

MARK SMITH  |  WEDNESDAY, 8 MAY 2013
... for investors to diversify their sources of income and consider certain higher yielding Australian equities and listed property. The question for many investors is which companies offer the most attractive yield opportunities?" she said. "With exchange ...

Invesco Real Estate appoints new investment manager

JAMES FERNYHOUGH  |  MONDAY, 6 MAY 2013
... new investments acquired in Australia. Massey has over eight years' experience in the industry, most recently at Dexus Property Group. He has also worked for DBREEF and Landsbury. 'Richard's deep experience in real estate analysis, asset management and ...

ISPT and Wesfarmers set up a JV

LAURA MILLAN  |  THURSDAY, 2 MAY 2013
The Industry Superannuation Property Trust (ISPT) has entered a joint venture with Wesfarmers-owned Coles. ISPT will buy a 75% stake of 19 Coles shopping centres across Australia with the possibility of expanding the investment over time. The asset ...

AUI tips property fund merger

MARK SMITH  |  WEDNESDAY, 1 MAY 2013
... (AUI) is seeking approval from investors in its Second Industrial Trust (SIT) to merge the trust with its flagship Office Property Fund (OPF). Investors in SIT will be eligible to vote on the proposal to create a $360 million property fund comprising ...

AMP Capital sells out of Houston residential property complex

MARK SMITH  |  WEDNESDAY, 1 MAY 2013
AMP Capital's Global Direct Property Fund has sold Cheval Apartments for US$63.6 million following a widely marketed sales campaign. Cheval Apartments is a 'multifamily' asset - a 387 unit residential complex which is centrally located near major employment ...

Justsuper to move SMSFs to BGL cloud solution

LAURA MILLAN  |  MONDAY, 29 APR 2013
... solution provides users with a host of new tools and connected services such as access to bank, contract note, registry and property data. "Simple Fund 360 will provide Justsuper with the tools to enhance our offering to our clients with integrated data ...

MFAA to train advisers on direct property for SMSF

LAURA MILLAN  |  FRIDAY, 26 APR 2013
... Finance Association of Australia (MFAA) has announced that it will train credit advisers on the opportunities that direct property investments may offer self- managed super funds (SMSF). The MFAA estimated that direct property investment by SMSFs makes ...

Australian Islamic finance presents opportunities

MARK SMITH  |  FRIDAY, 26 APR 2013
... fund managers blazing the trail in this segment. The Muslim Community Co-operative Australia manages a Shariah compliant property income fund out of its headquarters in Melbourne, has just surpassed $30 million in assets under management and MCCA chairman ...