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Showing 391 - 400 of 780 results for "Property fund"

GPT Group bows out of CPA bidding war

MARK SMITH  |  TUESDAY, 14 JAN 2014
... Australian Securities Exchange (ASX) that it would not be increasing its offer for the $3.9 billion commercial office property fund following "careful assessment" of the competing proposal. GPT Group chief executive and managing director Michael Cameron ...

AUI investors approve property fund merger

LAURA MILLAN  |  WEDNESDAY, 11 DEC 2013
... Investors in Australian Unity Investments' (AUI) Fifth Commercial Trust (FCT) have approved the merger with AUI's Office Property Fund (OPF). The decision will result in a $370 million property fund which holds office properties in New South Wales, Melbourne ...

AUI Healthcare Property Trust added to North platform

MARK SMITH  |  THURSDAY, 5 DEC 2013
AMP has added the Australian Unity Healthcare Property Trust to its North platform. Australian Unity Investments head of retail distribution Damen Purcell said the move is a sign of the growth in demand for quality unlisted property investments that ...

QIC wins AustralianSuper US property mandate

JAMES FERNYHOUGH  |  WEDNESDAY, 20 NOV 2013
AustralianSuper has appointed direct property fund manager QIC to manage its US retail property investments. As of June 2013, AustralianSuper already had $1.1 billion in pooled investments with the Australian investment manager, which specialises in ...

AUI plans property trust merger

STAFF WRITER  |  MONDAY, 18 NOV 2013
... between Australian Unity Fifth Commercial Trust (FCT) and the larger, more diversified, Australian Unity Office Property Fund (OPF). OPF is an unlisted property fund, which owns eight quality office buildings in some of Australia's major centres, with ...

CBA accepts DEXUS' property fund takeover bid

JAMES FERNYHOUGH  |  MONDAY, 11 NOV 2013
DEXUS Property Group's bid to take over Commonwealth Property Office Fund (CPA) has taken step forward, with Commonwealth Bank of Australia agreeing to the terms of DEXUS' proposal. DEXUS, in partnership with Canada Pension Plan Investment Board (CPPIB) ...

Demand for industrial property exceeds expectations

MARK SMITH  |  WEDNESDAY, 23 OCT 2013
... industrial property, especially from the self-managed super segment, is ahead of expectations, inflows into one property fund manager's specialist product indicate. Charter Hall has announced that it has closed its Direct Industrial Fund No.2 (DIF2) ...

ASIC acted only when claims hit "tsunami level"

LAURA MILLAN  |  MONDAY, 21 OCT 2013
... inquiry that ASIC seemed to spring into action." "At one point it took a government minister's wife to lose a sum in a property fund to get ASIC to start an investigation into that fund," she added. In meetings where investor-related concerns came up ...

LGS enhances ESG credentials with Green Bond purchase

JAMES FERNYHOUGH  |  TUESDAY, 8 OCT 2013
Local Government Super (LGS) has said it has become the first Australian superannuation fund to invest in the European Bank for Reconstruction and Development's (EBRD) $250 million Green Bond. Funds raised through the Green Bond - which was issued on ...

Aussie property fund to be listed in Johannesburg

LAURA MILLAN  |  WEDNESDAY, 2 OCT 2013
Investec Property Australia will list its Investec Australia Property Fund (IAPF) on the Johannesburg Stock Exchange (JSE). The fund is expected to list on 24 October 2013 and will be listed under the Real Estate Holdings and Development sector. The ...