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Showing 31 - 40 of 56 results for "Development Fund"

Folkestone to increase holding in REIT

LAURA MILLAN  |  MONDAY, 24 NOV 2014
Folkestone Limited has announced a $42 million equity raising to increase its holding in the Folkestone Education Trust, Australia's largest real estate investment trust. "Folkestone is well positioned for its next stage of growth and this $42 million ...

Folkestone acquires land for planned community

STAFF WRITER  |  TUESDAY, 5 AUG 2014
... funds manager Folkestone has entered into a joint venture with ID_Land to establish the Folkestone Truganina Development Fund. The Fund has acquired an 80% interest in a 52.5 hectare residential master planned community in Melbourne's Truganina. ID-Land ...

Folkestone acquires Maxim property boutique

MARK SMITH  |  FRIDAY, 4 APR 2014
Folkestone has acquired boutique property fund manager Maxim Asset Management (Maxim), a specialist in listed real estate securities and high yield real estate debt. Maxim was co-founded by Winston Sammut in 2003. Sammut has more than 30 years' experience ...

British govt to introduce pension choice

ALEX DUNNIN  |  FRIDAY, 21 MAR 2014
... guidance meets robust standards, working closely with consumer groups. And we will make available a A£20 million development fund to get the initiative up and running," the consultation paper stated.

Ray King added to Ashington super fund court case

JAMES FERNYHOUGH  |  THURSDAY, 6 MAR 2014
Claims for damages have risen to $14 million and a new defendant has been added to a court case against four prominent super fund - Mercer partner Ray King. The case relates to the collapse of Ashington property group in 2011. Ashington founder Craig ...

Folkestone forced to pay cash

BEN COLLINS  |  THURSDAY, 9 AUG 2012
Folkestone will have to pay cash for the Austock property business, after the Pooled Developments Funds Board knocked back its cash-and-scrip offer. The $11 million sale was going to be paid 70% in cash, and 30% in Folkestone Shares, however the agreement ...

Aspen wins Telstra Super deal

MATT WOODINGTON  |  THURSDAY, 21 JUL 2011
... balance. The property, which will be the largest commercial building in Adelaide, is being developed by the Aspen Development Fund No.1 (ADF) for the 12-26 Franklin Street Property Trust. The $34 million acquisition price is based on an independent valuation ...

Developed nations raise funds for ADB

RUTH LIEW  |  THURSDAY, 20 JAN 2011
Governments of developed countries are pouring millions of dollars into development funds to help strengthen the financial systems of developing countries in Asia. The Government of Luxembourg has committed a further a,-1.5 million ($2 million) to an ...

AMP buys Sydney office for Sunsuper

RUTH LIEW  |  WEDNESDAY, 22 SEP 2010
Sunsuper has expanded its direct property mandate with AMP Capital Investors following a $100 million Sydney CBD office acquisition. AMP Capital Investors' Property Portfolio Services has a mandate with Sunsuper to manage a diversified, direct property ...

AMP appoints portfolio manager

COMPANY RELEASE  |  TUESDAY, 2 MAR 2010
AMP Capital Investors has appointed Chris Davitt to the new position of portfolio manager for its Property Portfolio Service. Davitt brings over 12 years of experience and property knowledge to the Property Portfolio Service, with his most recent role ...