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Showing 21 - 30 of 335 results for "Square"

Major airport lands TelstraSuper as new investor

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
... world-class terminal experience with a focus on sustainability, innovation, and enhanced passenger services" over 1.2 million square feet. The $27 billion super fund is investing an undisclosed sum in the redevelopment of Terminal 6 by way of Investcorp ...

Super funds back $9.6bn homegrown platform

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... go-to-market efforts in Europe, North America, and Southeast Asia, the platform said. Other Series F investors include Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures and Visa Ventures.

PGIM Real Estate partners up on $145m deal for logistics asset

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
... has teamed up with Cadence. The property, which will be acquired from Pacific National for $145 million, spans 157,669 square metres of land with a gross lettable area of 95,940 square metres. It also includes a 1.5-kilometre rail spur and a planned ...

Citco secures powerful backer in global investment firm

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
Citco, a network of independent companies that provide asset-servicing solutions to the global alternative investment industry, has entered a long-term strategic partnership with a large institutional investor. Citco, which has over US$2 trillion in ...

HCF Life fined $750k for misleading contract term

KARREN VERGARA  |  FRIDAY, 9 MAY 2025
HCF Life Insurance has been fined $750,000 by the Federal Court for misleading the public about a pre-existing condition term under its Recover products. Last October, the court ruled the term would deny coverage if a customer did not disclose a pre-existing ...

Future Fund muscles past annual target return, lags in March quarter

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
The Future Fund delivered a 7.9% return for the year to March 31, topping its annual target; though its quarterly performance undershot the benchmark. The sovereign wealth fund returned 1.2% for the March quarter, below the 1.9% target. However, over ...

Institutional capital returns to retail real estate after hiatus

ANDREW MCKEAN  |  THURSDAY, 17 APR 2025
... That compares to just 0.9% growth in retail stock over the same period, a gap that's expected to fuel retail sales per square metre to rise by 3.3% per annum by 2030, up from 2.5% over the decade to 2024. Household finances are also expected to improve ...

NAB forecasts 50bp rate cut in May

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
NAB chief economist Sally Auld said the Reserve Bank of Australia (RBA) may deliver a 50bps interest rate cut when it meets again in May. Auld said headwinds from the global environment have intensified, but conceded large amounts of uncertainty remain. ...

Rest awards US$300m mandate to Miami-headquartered investment manager

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
Rest has awarded a US$300 million mandate to Miami-headquartered investment manager I Squared Capital for its infrastructure credit strategy. The strategy focuses on providing flexible and structured capital solutions to essential infrastructure assets ...

Morningstar adds to multi-asset team

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
A Mercer portfolio strategist has joined Morningstar Investment Management Australia as a portfolio manager. Morningstar has hired Joel Grosvenor as a portfolio manager with its multi-asset investment team. Grosvenor - who can count over 15 years of ...