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Showing 321 - 330 of 2373 results for "Real estate"

Assembly Funds Management seeks $100m

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
... rattling the tin for the second time after it completed its first close in late 2023, raising over $115 million. The real estate fund targets a gross IRR of 15% to 17%, which also invests in senior and mezzanine debt in Australia and New Zealand. ADPF2 ...

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... economic performance was one reason for the increase after GDP growth declined from 4.27% in 2022 to 3.02% in 2023. The real estate sector was the most affected by economic instability, inflation, and rising interest rates, while the travel and tourism ...

ESSSuper launches Balanced Growth Managed option

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... from Hostplus where he spent more than eight years. Therese Kenny is the new chief financial officer, joining from real estate investment manager MaxCap Group where she held a similar role.

Brookfield expands $1bn student accommodation portfolio

MATTHEW WAI  |  TUESDAY, 6 AUG 2024
... Journal Student Living's program, Journal Life, which focuses on student development. Brookfield co-head of Australia real estate Ruban Kaneshamoorthy said: "Education is Australia's fourth biggest export. We have the third-highest number of enrolled ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... orders have been adjourned to next week. Hewish, on his social media, describes himself as a professional stock and real estate investor and speculator, claiming that his clients use financial strategies that are typically reserved for the most sophisticated ...

Private capital fundraising remains in the doldrums: Preqin

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... billion by the end of the second quarter. The Preqin report also highlighted that Australia remains the most active APAC real estate market this quarter, with total deal value rising by 12% to reach $2 billion. Its research found the share of the total ...

Eildon divests stakes in four funds to Trilogy

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
... value, which will result in an $0.4 million impairment in the 2024 financial year statements. Eildon's commercial real estate funds management business had $400 million assets as at February, while Trilogy currently manages some $1.2 billion in assets ...

QIC replaces real estate managing director

KARREN VERGARA  |  MONDAY, 29 JUL 2024
Queensland Investment Corporation (QIC) has appointed a former Dexus executive as its new real estate managing director. Deborah Coakley will begin her new role at QIC's $112 billion alternatives platform on October 15. She previously spent 11 years ...

Eildon confirms talks with Trilogy

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... June 30, jumping to Brisbane-based Trilogy as its new manager of property funds effective this month. Parisi joined real estate investor Eildon in March 2020 as a fund manager and was promoted to chief operating officer eight months later. Varun Sachdev ...

Macquarie AM spins off real estate manager

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
Macquarie Asset Management (MAM) is launching Manova Partners, a new real estate investment manager. Manova will be spun off from MAM's existing activities in core/core plus real estate business, which currently has €11.4 billion ($18.7bn) of ...