Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3341 - 3350 of 5858 results for "Property"

Perpetual sells mortgage business

BEN COLLINS  |  THURSDAY, 12 JUL 2012
Perpetual has reached an agreement to sell its mortgage processing business to FAF International Property Services Australia, an affiliate of First Mortgage Services. Plans to sell Perpetual Lenders Mortgage Services (PLMS) were announced as part of ...

A-REIT concentration raises active mgt questions

MELANIE TIMBRELL  |  WEDNESDAY, 11 JUL 2012
The Australian listed property trust securities sector is plagued by concentration issues, according to Lonsec's annual review. While most funds in the sector are benchmarked against the S&P/ASX-200 A-REIT Accumulation Index or the S&P/ASX-300 A-REIT ...

Fractional prop trading platform gets AG backing

LINDA HAUSKEN  |  TUESDAY, 10 JUL 2012
DomaCom's internet-based fractional property investment trading platform has signed its first group of foundation partners. The platform allows home owners to realise cash by selling shares in their property, akin to an equity release scheme but done ...

Henderson appoints executive director

LINDA HAUSKEN  |  TUESDAY, 10 JUL 2012
... Australian funds management business. Prior to commencing his new role, Evans spent seven years as a director of indirect property at Henderson. In this role, he was responsible for the indirect property team, which included managing Henderson's flagship ...

Austock sells PFM to Folkstone

BEN COLLINS  |  TUESDAY, 10 JUL 2012
Austock Funds Management has reached an agreement to sell its Property Funds Management business to Folkstone Limited, leaving Mariner Corporation's takeover bid in doubt. Darren Olney-Fraser, Mariner chief executive officer, told Financial Standard ...

Super funds tap Barangaroo development

MELANIE TIMBRELL  |  MONDAY, 9 JUL 2012
... Super will be investing $250 million in the $6bn Barangaroo development alongside the Lend Lease managed Australian Prime Property Fund Commercial and the Canadian Pension Plan Investment Board. Australian Prime Property Fund (APPF) Commercial announced ...

Market Wrap

AAP  |  MONDAY, 9 JUL 2012
... 8.49 points, to 19,800.64 while Shanghai bucked the trend to close up 1.01 per cent, or 22.23 points at 2,223.58, with property stocks leading the rise following a rate move. WELLINGTON - The NZX 50 Index fell 5.49 points, or 0.2 per cent to 3478.7.

SMSFs need better access to alternatives: BlueSky

MELANIE TIMBRELL  |  FRIDAY, 6 JUL 2012
... "From the coalface, investors are begging for new ideas and products. These investors know they are overweight equities, property and cash." Change in the local market to reflect overseas popularity will be driven largely by the recognition that access ...

Provident Capital leaves 3500 investors in limbo

MELANIE TIMBRELL  |  FRIDAY, 6 JUL 2012
... mortgage lending products secured against a portfolio of non-conforming mortgages on Australian residential and commercial property. "The Court has moved to protect debenture holders by appointing independent Receivers to run the company and safeguard ...

Austock bid on ice

BEN COLLINS  |  FRIDAY, 6 JUL 2012
... Austock chief executive Bill Bessemer was in talks with Folkestone Limited about a joint venture to run its $555 million property funds platform. In a statement to the ASX yesterday, the Mariner board said that "the trading halt and any potential sale ...