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Showing 41 - 50 of 71 results for "Foreign Investment Review Board"

Changes to foreign investment rules hurt managed funds

ALLY SELBY  |  TUESDAY, 14 APR 2020
... government's FIRB reforms, which require every foreign investment proposal to be scrutinized by the Foreign Investment Review Board, could reduce interest in Australia as a destination for investment. "The reforms importantly aim to safeguard the national ...

COVID-19 spurs greater scrutiny of foreign investment

KANIKA SOOD  |  MONDAY, 30 MAR 2020
... can be beneficial if in the national interest," the Treasurer said. The move is backed by the Foreign Investment Review Board (FIRB). FIRB will work with existing and new applicants to extend the time frame for reviewing applications from 30 days to ...

Dexus partners with sovereign wealth fund

KANIKA SOOD  |  MONDAY, 26 NOV 2018
... in the core portfolio and a 49% stake in the development landbank, subject to approval by the Foreign Investment Review Board. GIC also has options to acquire additional 24% by June 2020. Dexus says the joint venture may add other investors over time ...

Australian Unity mulls fund takeover

JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
... opinion that it is in their best interests. The acquisition is also subject to Starwood receiving Foreign Investment Review Board approval. The AOF holds nine office properties in Sydney, Adelaide, Melbourne, Brisbane and Canberra.

Blue Sky offloads six funds

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
... attractive risk-adjusted return to Blue Sky investors in these funds. The sale is conditional on Foreign Investment Review Board approval and settlement is expected to complete in September 2018. In June, Blue Sky told the market that Oaktree Capital ...

Cromwell appoints new director

KANIKA SOOD  |  MONDAY, 4 JUN 2018
... welcomed Singapore-based ARA Asset Management (ARA) as a security holder, following approval from the Foreign Investment Review Board (FIRB). At the time, Cromwell chief executive Paul Weightman said the company had already introduced ARA chief executive ...

S&P reaffirms Sirtex after new offer from Chinese manager

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... subject to multiple conditions including approval by CDH's investment committee and Australia's Foreign Investment Review Board. This offer is somewhat higher than the previous one made by US-based Varian Medical Systems, which was to acquire 100% of ...

REIT sells Cromwell stake for $406 million

KANIKA SOOD  |  THURSDAY, 8 MAR 2018
... lowering debt," Redefine chief executive Andrew Koning said. The acquisition is yet to be approved by Foreign Investment Review Board (FIRB) and is subject to other conditions. "It is too early to comment on whether ARA Asset executives will be appointed ...

Blue Sky scores major pension fund mandate

ALEX BURKE  |  THURSDAY, 21 DEC 2017
... oversees about $140 billion in assets. Blue Sky explained that subject to regulatory approval by the Foreign Investment Review Board, Canada's PSP Investments will "work with Blue Sky's real assets team to deploy capital over a multi-year period." "PSP ...

Second private equity firm joins battle for Fairfax

ALEX BURKE  |  FRIDAY, 19 MAY 2017
... proposal is available." Either proposal would also require regulatory approvals from the Australian Foreign Investment Review Board and the New Zealand Overseas Investment Office.