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Showing 21 - 30 of 845 results for "REIT"

MLC AM awards listed property mandate

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... Management has awarded a mandate to a global investment manager, replacing Presima and BlackRock. Following a review of its global REIT strategy, the fund manager confirmed that NYSE-listed Cohen & Steers won a new mandate but did not disclose its size. ...

Major global trends impacting advisers

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
High interest rates (70%), economic downturn and inflation risks (both 68.8%), and the impact of central bank policy (61.3%) usurped any concerns about this year's election cycle for Australian financial advisers and investors, according to this year's ...

HMC Capital makes $2bn acquisition

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
... Capital has announced it will establish a global digital infrastructure platform comprising the global DigiCo Infrastructure REIT, intended to be listed on the ASX alongside a new unlisted institutional fund. HMC will acquire Global Switch Australia ...

Charter Hall, Hostplus takeover offer for HPI rejected

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
... compelling offer". "The offer price does not provide security holders any premium to HPI's NTA in contrast to ASX listed REIT transaction precedents," HPI said in a statement. "HPI owns a high-quality portfolio that is well positioned for future growth ...

GSFM hires retail business head

KARREN VERGARA  |  TUESDAY, 15 OCT 2024
... classes including emerging market equities, global equities, Australian income products as well as evergreen agriculture REIT funds." On Fletcher's departure, McIntyre said: "Steve has been an incredible asset to GSFM during his 16 years with the ...

Regal renews Platinum takeover talks

MATTHEW WAI  |  FRIDAY, 4 OCT 2024
The potential takeover of Platinum Asset Management is back on the cards as Regal Partners confirmed it signed a confidentiality deed and will shortly commence due diligence. This follows a rejection of Regal's bid late last month, where Platinum's ...

Growthpoint sells down majority stake in six industrial assets

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
... manager. The industrial portfolio has 30 assets in total, meaning the sell down represents 10% of the total. The ASX-listed REIT has $6 billion in total assets under management. It owns and manages 57 office and industrial properties. The industrial ...

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
The Reserve Bank of Australia (RBA) has indicated that there will not be any short-term cutting of interest rates, but the market is pricing in a cut before the end of the year. RBA governor Michele Bullock pushed back against the market pricing, stating ...

360 Capital returns to profit in FY24

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... by revaluations and the mark to market of its listed investments. 360 Capital operates two ASX-listed REITs, 360 Capital REIT (TOT) and Mortgage REIT (ASX:TCF), and the unlisted Private Credit Fund (PCF). At the end of FY24, the firm had $55.4 million ...

AOF sells another asset, flags delisting

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
Australian Unity Office Fund (AOF) continues to empty its portfolio, offloading another asset as the REIT faces an uncertain future. AOF is set to offload 64 Northbourne Avenue, Canberra for $21.2 million to an unnamed buyer, 10% cheaper than its June ...