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Showing 531 - 540 of 2671 results for "Purchase"

PNG super fund to evict settlers

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JAN 2021
Papua New Guinea's largest superannuation fund claimed victory over a small community which had settled on land owned by the fund more than two decades ago. Bushwara, a community outside of Port Moresby, was issued eviction notices by Nambawan Super ...

ASIC takes fintech to court

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
The corporate regulator has initiated action against a fintech for allegedly misleading customers about the benefits of investing in residential property in self-managed superannuation funds. Squirrel Superannuation Services, an SMSF platform provider ...

Real AM considers listing new REIT

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
... director and head of real estate Will Gray said the company took its time and was selective before proceeding with the purchase, saying that the quality of these acquisitions was rare. Gray said each hospital is strategically located in a major regional ...

Foreign investors face tip offs

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
... investment rules or suspected illegal behaviour around the ownership of residential real estate. Foreign investors wanting to purchase new dwellings, vacant residential land and in some circumstances, established property, must generally apply for foreign ...

Charter Hall buys David Jones flagship

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
... strategic 3530sqm prime CBD retail site, prominently located overlooking Hyde Park with views to Sydney Harbour. The purchase comes after David Jones completed a significant capital works program which created a showcase of department store retailing. ...

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
... set for the third quarter of 2021. "[The two firms] have been working on a model which enables Australian Muslims to purchase a property with leverage using Islamic finance while maintaining the familiar structure of a traditional home purchase," DomaCom ...

Real estate proves resilience: CoreLogic

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The residential real estate market has proved resilient in the face of the economic shutdown caused by COVID-19, according to CoreLogic's 2020 Best of the Best report. Australia's $7.2 trillion real estate market was upheld by the top end, with luxury ...

BNP Paribas wins custody mandate

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
BNP Paribas has won a mandate to serve as sub-custodian in Australia and New Zealand for a large European firm. Clearstream appointed BNP Paribas Securities Services to provide local sub-custody services. Clearstream currently has a partnership with ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
... lending rate at 0.25% and deposit facility rate at -0.5% - it increased the overall size of its PEPP (pandemic emergency purchase programme by another €500 billion, taking the total to €1.85 trillion and extended by nine months to at least end-March ...

Charter Hall adds three properties

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
Charter Hall continues to build its portfolio, acquiring three properties with a combined purchase price of $319 million. The Charter Hall Long WALE REIT (CLW) has entered into an agreement to take full ownership of 76-78 Pitt Street, an office building ...