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Showing 331 - 340 of 708 results for "Lease"

AMP Capital names successor to property fund

MARK SMITH  |  WEDNESDAY, 8 APR 2015
AMP Capital has appointed a fund manager from Lend Lease to manage its Diversified Property Fund. Kylie O'Connor will be responsible for delivering the strategy, growth and investment performance of the $4.2 billion fund. She takes over the baton from ...

Electricity sale fit for fixed income portfolios

DARREN SNYDER  |  WEDNESDAY, 1 APR 2015
The long-term lease of New South Wales' electricity network offers opportunities for investors to access defensive, non-cyclical, monopoly style assets. This is the opinion of Aberdeen Asset Management after releasing research that analysed implications ...

Investec acquires $38.9m Sydney office building

LAURA MILLAN  |  THURSDAY, 26 MAR 2015
Investec Australia Property Fund has acquired a $38.9 million office building in Norwest Business Park in Baulkham Hills. The acquisition is the fund's first in New South Wales and brings the value of the fund's total portfolio to $328 million. The ...

NSW to receive $2 billion infrastructure incentive

ALEX BURKE  |  MONDAY, 9 MAR 2015
... infrastructure recycling strategy, Treasurer Joe Hockey has announced. Designed to incentivise NSW Premier Mike Baird's plan to lease 49% of the state's electricity network to invest in rail and road projects, the payments come from the Commonwealth's ...

Market Wrap AM

AAP  |  WEDNESDAY, 4 MAR 2015
... giant wants to raise $500 million to help fund its $US4 billion ($A5.11 billion) acquisition of the AWAS aircraft operating lease portfolio.

Investec property fund acquires $8.1m warehouse

MARK SMITH  |  MONDAY, 12 JAN 2015
... represents an annualised yield of 7.72% (7.25% after all transaction costs). The majority of the income (93%) is underpinned by a lease to industrial engineering design company Wilhelmsen Manufacturing Australia (WMA). WMA is owned by Skips AS Tudor ...

Investec property fund adds more real estate

STAFF WRITER  |  FRIDAY, 5 DEC 2014
... metre industrial property at Wetherill Park is located 34 kilometres from the Sydney CBD, with 11 years remaining on the lease and an option for a further five years. Average contracted annual rental growth for the property is approximately 3%. The Newcastle ...

SMSF court case highlights penalty uncertainties

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
... the uncertainty around penalties. The fund, totaling more than $260k, was used to purchase residential property and then lease it to the trustees' son, as well as to buy stud cattle, a caravan and other motor vehicles. Auditor contravention reports were ...

Minute slip on Wall Street

BENJAMIN ONG  |  THURSDAY, 20 NOV 2014
... market activity last night. Eureka! Rationale for the Dow's 0.01% drop and the S&P 500's 0.15% plunged overnight found. Oh pa-lease. Plain lazy. Can't blame 'em though. Try and read all the 8,247 words in the Fed minutes, analyse each, read between the ...

Infra manager Hastings inks major China deal

STAFF WRITER  |  TUESDAY, 18 NOV 2014
... partnership deal after the Hastings and CMID consortium won a A$1.75 billion bid ahead of four competitors to secure a 98-year lease to operate the Port of Newcastle. Commenting on the deal Hastings chief Executive Andrew Day said: "We believe we are ...