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Showing 5411 - 5420 of 5861 results for "Property"

Macquarie joins property trust consolidation

AAP  |  THURSDAY, 29 JUL 2004
... an $850 million bid to acquire Principal America Office Trust. In the latest of several mergers and takeovers in the property trust sector, Macquarie Office is offering 1.06 of its units and ten cents cash for every Principal America unit, valuing the ...

Investa raises equivalent of $US225 mln in US market

AAP  |  THURSDAY, 29 JUL 2004
Australia\'s largest office property fund, Investa Property Group, said it has raised the equivalent of $US225 million ($A325 million) via the US private placement market. The funding was raised in both US and Australian dollars and was increased from ...

GPT rejected enhanced offer - Lend Lease

AAP  |  WEDNESDAY, 28 JUL 2004
Lend Lease Corp last night revealed General Property Trust (GPT) knocked back a sweetened offer when it today rejected a $10 billion merger proposal. After months of talks, GPT\'s four independent directors said on Tuesday they had sought improved financial ...

Market wrap

AAP  |  WEDNESDAY, 28 JUL 2004
... full year earnings to the market while Lend Lease will provide an update to the market on its takeover offer for General Property Trust.

Centro Properties, Prime Retail Group plan merger

AAP  |  TUESDAY, 27 JUL 2004
Centro Properties Group and Prime Retail Group today announced a proposal to merge, creating the fifth largest property trust in Australia. The merged entity would have combined assets under management of $6.4 billion and property management of 132 ...

Investment in offshore LPTs set to jump; Franklin Templeton

Australian investment in offshore listed property trusts is set to increase, driven by a looming shortage of local stock and a rapidly increasing pool of superannuation, Franklin Templeton Institutional said in a report released on Monday. According ...

Challenger in talks to sell UK properties for $762 mln: Report

AAP  |  MONDAY, 26 JUL 2004
Challenger Financial Services Group is in exclusive talks to sell its British property assets for 295 million pounds ($762 million) in one of Britain\'s biggest commercial property investment deals this year. The Australian newspaper reported that it ...

Macquarie Property, Ochtar form joint venture, MGPA

AAP  |  MONDAY, 26 JUL 2004
Macquarie Property and Ochtar Capital Partners said today they had entered into a joint venture, Macquarie Global Property Advisors. The joint venture will take the form of Macquarie subscribing for a shareholding in Ochtar, which will be renamed Macquarie ...

Deutsche Bank reviews future of listed property trusts

AAP  |  THURSDAY, 22 JUL 2004
... real estate funds management arm of Deutsche Bank on Wednesday said it was reviewing the future of its Australian listed property trusts amid speculation of a three-way merger. DB Real Estate Australia, responsible for Deutsche Diversified Trust, and ...

Chief executive Hawker shuffles the deck at IAG

AAP  |  WEDNESDAY, 21 JUL 2004
... will be headed by IAG executive of 17 years, Rick Jackson. Australian commercial insurance, including fire, commercial property, commercial motor and rural insurance, workers compensation and public liability will be led by Mario Pirone as chief executive ...