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Showing 3641 - 3650 of 5858 results for "Property"

Game changer

BENJAMIN ONG  |  TUESDAY, 15 MAR 2011
... the country, its nuclear facilities threaten to meltdown, potentially adding more to the number of casualties - people, property, businesses, infrastructure. But with every crisis comes opportunity. I remember quoting John F Kennedy's word, "When written ...

NAB buys 35pc stake in AREA

ALISON BEVEGE  |  THURSDAY, 10 MAR 2011
... National Australia Bank has bought a 35 per cent interest in a global real estate fund manager, increasing its exposure to property in North America, Europe and Asia. The purchase of New York-based fund AREA Property Partners gives the bank's asset management ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 MAR 2011
... Shanghai Composite Index rose 0.12 per cent, with profit-taking among coal miners and oil producers offset by gains among property stocks. The Shanghai Composite Index, which covers both A and B shares, was up 3.73 points at 2,999.94 on turnover of 168.7 ...

Mystery surrounds sovereign fund billions

ALISON BEVEGE  |  TUESDAY, 8 MAR 2011
... invest in real estate. Only 20 per cent of sovereign wealth funds with total assets less than $1 billion participated in property investment compared with more than 60 per cent of funds worth more than $10 billion in total assets.

AMP Capital invests more into residential property

ELISE BURGESS  |  MONDAY, 7 MAR 2011
AMP Capital Investors renews its focus on property mandates with its residential property fund, Select Property Portfolio 3 (SPP3), and plans to launch its fourth fund this year. SPP3 is a close-ended, unlisted diversified fund that focuses on higher ...

ASIC withdraws property fund licence

MATT WOODINGTON  |  THURSDAY, 3 MAR 2011
Devgroup will wind up four property funds after ASIC revoked its financial services licence for failing to resolve ongoing breaches of licence conditions. The fund manager had been unable to meet net tangible assets and reporting obligations under the ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 2 MAR 2011
... non-executive chairman of Westfield Group, while Peter and Steven Lowy will be joint chief executives, under changes to the property group's board. Explorer Northern Star Resources Ltd rose 1.5 cents, or 4.48 per cent, to trade at 35 cents after it reported ...

Macquarie Funds remove performance fee

MICHELLE BALTAZAR  |  TUESDAY, 1 MAR 2011
... listed infrastructure assets. In the year to January, it returned 15.3 per cent. Andrew Coutts, senior investment analyst, property and infrastructure, Lonsec said the research house was generally of the view that an appropriately structured performance ...

Century Funds manager bid fails

ELISE BURGESS  |  TUESDAY, 1 MAR 2011
... voting yes was required to effect a manager change. The bid to take over the managerial role for the $240 million Opus 21 property trust from Opus Capital was prompted by unitholders late last year, with Century having focused on the trust's poor performance ...

HESTA posts bumper January returns

ALISON BEVEGE  |  FRIDAY, 25 FEB 2011
... largest fund Core Pool. The member-default fund is believed to have more than $10 billion in funds under management. The property fund showed the lowest return of 0.2 per cent - but it was still in positive territory for the group. According to Rainmaker ...