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Showing 391 - 400 of 713 results for "Lease"

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 ...

EQT appoints former Invesco state mgr

LAURA MILLAN  |  WEDNESDAY, 6 MAR 2013
... Australia as state manager and in Perpetual as senior account executive as well as holding business development roles at Lend Lease and Royal & Sun Alliance. "Queensland is a crucial market for Equity Trustees, and we believe that Ron's considerable ...

Industrial property funds draw SMSFs

LAURA MILLAN  |  WEDNESDAY, 20 FEB 2013
... lot quicker" for the DIF2 portfolio, Stacker said. Industrial property has become more attractive to investors due to long lease terms (from 10 to 25 years), an income yield of 8 per cent, which doubles the one on residential property, and big consolidated ...

APN launches new property fund

MARK SMITH  |  TUESDAY, 19 FEB 2013
APN Property Group has launched a new unlisted, six-year, fixed term property fund called the APN 541 St Kilda Road fund. It will invest in an eight-storey commercial office building located at 541 St Kilda Road, Melbourne that will be bought for $28 ...

Market Wrap

AAP  |  MONDAY, 18 FEB 2013
... figures for January. In equities news, Bendigo and Adelaide Bank, Specialty Fashion, Pacific Brands, nib Holdings, Amcor, Lend Lease Group, BlueScope Steel are among the companies expected to post first half results, while Boart Longyear is slated to ...

Former mortgage broker convicted

MARK STORY  |  FRIDAY, 25 JAN 2013
... provide a credit product that is unsuitable for a consumer. Before assisting with, or providing a new credit contract or lease to a consumer, the credit licensee must: Make reasonable inquiries of the consumer about their requirements and objectives ...