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Showing 381 - 390 of 708 results for "Lease"

Mirvac sells 50% stake in Sydney CBD office to AMP

LAURA MILLAN  |  MONDAY, 1 JUL 2013
AMP Capital Wholesale Office Fund (AWOF) has bought a 50% stake in the land and development of 200 George Street, in Sydney CBD from Mirvac Group (Mirvac). The AMP Capital fund has paid Mirvac $317 million for the 50% interest in the Sydney city centre ...

Infrastructure trumps other assets over time: ISN

JAMES FERNYHOUGH  |  THURSDAY, 20 JUN 2013
... for-profit investors. The NSW Government's plan to privatise the Port of Newcastle, the nation's biggest coal port, on a 99-year lease is likely to interest industry funds. NSW Treasurer Mike Baird said there was "unprecedented interest from superannuation ...

Aust shares weaken ahead of US Fed meeting

AAP  |  MONDAY, 17 JUN 2013
... "That's what the short-term nervousness is," he told AAP. Banking stocks are also off, following construction giant Lend Lease's announcement it would merge its Australian construction and infrastructure businesses. "Lend Lease came out with a market ...

Arena REIT lists on the ASX

ALICE URIBE  |  FRIDAY, 14 JUN 2013
The Arena Real Estate Investment Trust (REIT) has listed on the Australian Securities Exchange (ASX). Arena REIT investment mandate including in investing in childcare, education, healthcare and government The fund is raising $75 million by the issue ...

AUI investors approve property fund merger

MARK SMITH  |  FRIDAY, 24 MAY 2013
... proposal goes ahead, the combined fund is expected to have an occupancy rate of 93.28 per cent and a strong weighted average lease expiry of 4.67 years. "Australian Unity Funds Management, as the responsible entity, developed the proposal because it ...

Arena to list childcare fund on the ASX

LAURA MILLAN  |  TUESDAY, 14 MAY 2013
Arena Investment Management (Arena) is intending to raise $75 million of new equity in its childcare fund and is planning to list it on the Australian Securities Exchange (ASX). The fund, which has been renamed Arena REIT, was established in 2003 as ...

AUI tips property fund merger

MARK SMITH  |  WEDNESDAY, 1 MAY 2013
... ahead, the combined fund is expected to have a higher occupancy rate (93.28% instead of 88.45%) and longer weighted average lease expiry (4.67 years instead of 1.69 years) than the SIT. It also has a lower management fee than SIT (0.7175% p.a. instead ...

Suncorp Group appoints CIO

LAURA MILLAN  |  TUESDAY, 16 APR 2013
... 30 years of investment experience and has held investment leadership roles at NAB, Commonwealth Bank, St George and Lend Lease. He was also the chief executive of Ascalon Capital Managers. The responsibilities of the CIO at Suncorp were shared until ...

IFM consortium wins Port Botany lease

ALICE URIBE  |  MONDAY, 15 APR 2013
A consortium led by Industry Funds Management (IFM) has won a bid for the long-term leases of Port Botany and Port Kembla. The consortium known as NSW Ports includes some of Australia's biggest industry superannuation funds - AustralianSuper, Cbus ...

Zenith reaffirms RFM livestock fund recommendation

MARK SMITH  |  WEDNESDAY, 10 APR 2013
Zenith has reaffirmed its 'recommended' rating for the Rural Funds Management StockBank fund, following an annual review. StockBank uses assets unit holders' investments to purchase livestock to fully stock empty land on Australian farms. Returns are ...