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Showing 331 - 340 of 712 results for "Lease"

Investec acquires Sydney warehouse

ALEX BURKE  |  FRIDAY, 24 APR 2015
... The 16,461-square metre property is leased to McAlpine Hussman, a supermarket refrigerator display case manufacturer. The lease expires four and a half years from the settlement date. "The acquisition is the seventh property acquired by the Fund since ...

Market wrap

AAP  |  WEDNESDAY, 15 APR 2015
... $35.60 despite its sales revenue declining by 20% to $1.4 billion in the March quarter. Santos was up 11 cents at $7.80. Lend Lease backtracked 17 cents to $17.02 despite the engineering construction group saying the Victorian government's decision to ...

Suncorp names new chief executive

ALEX BURKE  |  WEDNESDAY, 15 APR 2015
... been a Suncorp Group non-executive director since 2012. He has previously held roles at St. George, CBA, NAB, MLC, Lend Lease and Barclays. Suncorp group chair Ziggy Switkowski commented on Cameron's appointment, saying: "His understanding of Suncorp ...

Go south young (China) man

BENJAMIN ONG  |  FRIDAY, 10 APR 2015
... the biblical gnashing of teeth - back then, back during the late years leading to the expiry of the United Kingdom's 99-lease on Hong Kong from China on 1 July 1997. In Wikipedia's words, "Many citizens were pessimistic towards the future of Hong Kong ...

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 ...