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Showing 341 - 350 of 444 results for "Acquires"

Spring FG acquires Brisbane apartment management rights

ALEX BURKE  |  WEDNESDAY, 6 MAY 2015
As part of its new real estate asset management division, Spring FG has acquired management rights for Devine Limited's Mode Apartments development in Newstead, Brisbane. The complex comprises 157 apartments and is due to be completed in mid-2016. For ...

Centuria acquires ATP building

STAFF WRITER  |  THURSDAY, 30 APR 2015
Centuria Property Funds have acquired a 50% stake in 8 Central Avenue, Australian Technology Park (ATP). The $110 million purchase gives Centuria full ownership of the building, after it acquired an initial 50% in December 2013. "The property's strong ...

TIAA-CREF acquires TH Real Estate

ALEX BURKE  |  WEDNESDAY, 29 APR 2015
TIAA-CREF has acquired full ownership of TIAA Henderson Real Estate from Henderson Global Investors for A£80 million ($154 million). Prior to acquisition, TIAA-CREF owned a 60% stake in the business. TH Real Estate will maintain its existing investment ...

Investec acquires Sydney warehouse

ALEX BURKE  |  FRIDAY, 24 APR 2015
Investec Australia Property Fund has acquired a $19.17 million industrial warehouse in Glendenning, Sydney. The 16,461-square metre property is leased to McAlpine Hussman, a supermarket refrigerator display case manufacturer. The lease expires four ...

Rebalancing almost leads to accidental takeover bid

DARREN SNYDER  |  TUESDAY, 31 MAR 2015
... 8.6 million shares in Monadelphous were purchased by BlackRock. Under Australian stock market rules, once an investor acquires more than 20% it must make an offer for the whole company. Fortunately BlackRock avoided having to make the takeover offer ...

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 ...

IFM acquires US$5.7 billion highway

ALEX BURKE  |  THURSDAY, 12 MAR 2015
IFM Investors has acquired 100% of the Indiana Toll Road Concession Company (ITRCC), which operates the Indiana Toll Road (ITR), for US$5.7 billion. The ITR spans northern Indiana to the Illinois state line and runs for 253 km. It connects highways ...

LaSalle acquires Tokyo office complex

ALEX BURKE  |  WEDNESDAY, 11 FEB 2015
LaSalle Investment Management (LaSalle) has acquired a mixed-use office complex in central Tokyo. The Meguro Gajoen complex comprises the Arco Tower and Arco Tower Annex office spaces, Meguro Gajoen banquet hall and hotel and the Arco Square retail ...

J.P. Morgan acquires Asia REIT platform

LAURA MILLAN  |  THURSDAY, 15 JAN 2015
J.P. Morgan Asset Management has acquired Aviva Investors Asia Pacific real estate platform, a direct real estate investment management platform operating in Australia, Japan and Singapore. Through this acquisition, J.P. Morgan Asset Management has ...

Australian Unity acquires Premium Wealth

ALEX BURKE  |  WEDNESDAY, 14 JAN 2015
Australian Unity Personal Financial Services (Australian Unity) has acquired nearly 97% of Premium Wealth Management. Premium Wealth shareholders almost unanimously accepted the acquisition offer, with the transaction being completed on 22 December. ...