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Showing 5731 - 5740 of 5861 results for "Property"

Westpac Office Trust consolidates Sydney office tower construction projects

... automatically deducted from gross distributions from the Trust, which are forecast to be fully tax deferred, Westpac said. The property has been independently valued at $670 million on completion, which provides a forecast Net Asset Value per unit of ...

Survey reveals reduced investor confidence in managed funds

... managed funds as equal risk," Young said. "Investors overwhelmingly favoured shares over managed funds and residential property. Given that, we expect significantly more inflow into listed shares." Young added that there was a strong bias towards Australian ...

GPT to buy Hamilton Island Limited for $127.4 million

General Property Trust (GPT) and Voyages Hotels and Resorts have announced today that they have increased their offer for Hamilton Island Limited (HAM) to $2.83 cash per share and today entered into a preliminary agreement with HAM to acquire all shares ...

New York-based Sterling Grace Corporation invests in OFM

... OFM. "The success of the recent placements to institutions is an endorsement of OFM's strategy of developing additional property and mortgage funds management businesses." A total of 2,330,000 million shares will be issued to Sterling Grace Corporation ...

Abacus launches new property fund

Abacus Property Group (ABP) has today announced the launch of the Abacus Diversified Income Fund that will be managed by Abacus Funds Management Limited, which now has over $500 million in assets under management. The new fund will provide investors ...

Business conditions still strong despite slowdown: National

... manufacturing and in agribusiness. Offsetting these downturns will be construction activity (residential and non-residential), property, business and financial services and transport (especially utilities). But the survey also said that Australian business ...

Super funds and master trusts back domestic share prices: survey

... story was the similar for Australian fixed interest. Only 9% said values would rise and 24% said they would fall. For property, one-third of those surveyed said values would fall, with only 19 believing they would strengthen. The survey in full can be ...

Challenger appoints Sullivan as first head of property securities

Challenger International has appointed David Sullivan as its first head of property securities, adding to the multitude of personnel changes made since new chief executive Chris Cuffe started in April. To date Challenger has not offered property securities ...

Kiwi Income Property Trust announces $8.65 million upgrade

Kiwi Income Property Trust today announced a NZ$9.94 million (A$8.65 million) refurbishment for the Wellington region's largest shopping centre, North City in Porirua. "Upgrading the 24,964 square metre shopping centre involves introducing new specialty ...

Assirt gives 'strong' rating to new external BT managers

... unique offering, with few similar alternatives available in the market place. The additional of an international listed property manager would have diversification benefits to an investors' portfolio."