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Showing 341 - 350 of 2398 results for "real estate"

Dexus property valuation rout deepens by $2bn

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... medium-term supply." Last November, Dexus finalised its takeover of Collimate Capital's (previously AMP Capital) real estate and domestic infrastructure equity businesses. Consequently, funds from operations grew by $30 million. The acquisition also ...

QIC promotes key private equity staff

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
... program. He started in the private markets risk team, working with and supporting the private equity, infrastructure and real estate investment teams. Wall joined the private equity team in 2022, where he continues to develop and execute a pipeline of ...

Aware Super announces new $600m acquisition

ELIZA BAVIN  |  MONDAY, 19 AUG 2024
Aware Real Estate has expanded its industrial real estate footprint in Victoria in partnership with Barings with the acquisition of a $600 million business park. Located in Somerton, 20 kilometers from the Melbourne CBD, the Austrak Business Park is ...

SEC seeks to shut down $450m Ponzi scheme

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... Drive Planning LLC and its founder and chief executive Russell Todd Burkhalter after he was found to be running a real estate Ponzi scheme. According to the SEC, Burkhalter and his company convinced more than 2000 investors that they would receive 10% ...

EQT wins RE mandate from Woodbridge

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... per annum net of fees and expenses. The fund invests in first mortgage, senior secured Australian and New Zealand real estate loans via direct and indirect exposures. As RE, EQT appointed Apex Fund Services as the administrator for the fund, meaning ...

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 ...