Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 411 - 420 of 708 results for "Lease"

Super funds tap Barangaroo development

MELANIE TIMBRELL  |  MONDAY, 9 JUL 2012
... First State Super and Telstra Super will be investing $250 million in the $6bn Barangaroo development alongside the Lend Lease managed Australian Prime Property Fund Commercial and the Canadian Pension Plan Investment Board. Australian Prime Property ...

GS, Citi appointed for NSW elec, coal mine sales

MELANIE TIMBRELL  |  MONDAY, 9 JUL 2012
... $3bn sale of the State's electricity generators while Citigroup will act as specialist financial adviser on the sale or lease of the Cobbora coal mine development. "The sale of the State's electricity generators will release billions of dollars for investment ...

Market Wrap - Midday

AAP  |  MONDAY, 2 JUL 2012
... BHP Billiton was 46 cents higher at $31.91, and Rio Tinto had lifted 51 cents to $57.01. In other local equity news, Lend Lease shares rose 5.14 per cent to $7.57 after it said it expected to post a modest rise in operating profit for its 2011/12 financial ...

Canadian pension funds eye Aust infra

BEN COLLINS  |  WEDNESDAY, 27 JUN 2012
... South Wales state government recently said that it has banked more than $300 million from the $2.3bn sale of the long-term lease of the Sydney Desalination Plant to a consortium including Ontario Teachers' Pension Plan Board and Hastings Funds Management. ...

Super funds drive M5 infra investment deal

BEN COLLINS  |  TUESDAY, 26 JUN 2012
... the motorway to three lanes in each direction, and is due for completion in 2014. The widening project coincides with Lend lease's Australian business Abigroup being awarded a $315 million contract to design and construct broader upgrades to the M5 ...

AMP Capital buys into SA schools project

LINDA HAUSKEN  |  FRIDAY, 18 MAY 2012
... Australian Government." Funds and clients managed by AMP Capital are acquiring 100% of the equity in the project from Lend Lease and Commonwealth Bank of Australia. In addition, AMP Capital is becoming the asset manager of the project. Since acquiring ...

Hastings consortium snaps up de-sal plant

MELANIE TIMBRELL  |  FRIDAY, 11 MAY 2012
... Teachers Pension Plan and two funds owned by Westpac subsidiary Hastings Funds Management has signed off on a $2.3bn deal to lease the NSW desalination plant. Finalised only six days after offers were received, the consortium beat out rivals Industry ...

Property syndicates attracting overseas investment

BEN COLLINS  |  WEDNESDAY, 2 MAY 2012
Retail investors are seeking securely-leased long term assets, according to Charter Hall Direct Property which said that this is an asset class also favoured by cash rich overseas investors. "Self-managed super funds are looking for sustainability of ...

ATO warns SMSFs on property transfers

ALEX DUNNIN  |  TUESDAY, 6 MAR 2012
... off-market as the onus is on the trustee to ensure the arrangement is on commercial terms. "You must have a legally binding lease between your SMSF and your business. If you do not have a lease in place you will be breaching the super laws. The lease ...

Waiting for the midnight hour

BENJAMIN ONG  |  TUESDAY, 21 FEB 2012
... negotiating table Yes Virginia, there's still no news out on whether the EU finmins did or didn't - agree to give Greece a new lease on life, that is. But gauging from the sharp gains in Asian equities yesterday -- though this was aided by the PBOC's ...