Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 2657 results for "Purchase"

Stonepeak acquires gas distribution network in Queensland

RIDDHIMA TALWANI  |  THURSDAY, 18 DEC 2025
Global infrastructure manager Stonepeak will acquire Allgas, a gas distribution network in Queensland. The US$80 billion asset manager has bought the network from APA Group, Marubeni Corporation, and other shareholders for an undisclosed amount. Allgas ...

South Korea looks to Australia for next sovereign wealth fund

JAMIE WILLIAMSON  |  FRIDAY, 12 DEC 2025
South Korea is establishing another sovereign wealth fund, with this one to be modelled on the Future Fund. Launching the National Growth Fund yesterday, Deputy Prime Minister and Minister of Economy and Finance Yooncheol Koo said the government would ...

Investment veteran wraps 30 year career

ELIZABETH FRY  |  THURSDAY, 11 DEC 2025
... investment strategist role following Generation Development Group's acquisition of Lonsec Holdings and its subsequent purchase of Evidentia in 2024. Before that, he served as chief investment officer at Lonsec, where he oversaw portfolio construction ...

Aware Real Estate, Barings acquire Home HQ Artarmon

ANGELIQUE MINAS  |  MONDAY, 1 DEC 2025
Aware Super's real estate branch, Aware Real Estate, and Barings have acquired the retail shopping centre Home HQ Artarmon. The property was purchased from a fund managed by Growthpoint Properties Australia for $180.1 million, with each taking a 50% ...

Perpetual raises $268m to expand credit investments

RIDDHIMA TALWANI  |  MONDAY, 1 DEC 2025
... $267.9 million from investors for further opportunities in credit and fixed income assets. The capital raise saw investors purchase units at $1.10, a 9.1% discount from the PCI's closing unit price on November 7, the last trading day prior to the commencement ...

FEATURE | Agriculture: Golden soil

KARREN VERGARA  |  FRIDAY, 28 NOV 2025
... hectare. The second return driver is operational performance. To have a viable dairy farm, Stewart calculates the starting purchase price to be in the realm of $5 million. The cost of livestock and staff and operations are stacked on top of that. The ...

MA Financial secures Queensland shopping district for nearly $700m

MATTHEW WAI  |  TUESDAY, 25 NOV 2025
... equity, targeting an average 9% distribution yield and total returns of 16-18% per annum over the five-year term. The purchase price implies a fully leased yield of approximately 7.25%, MA Financial said. The 44-hectare site includes a shopping centre ...

Assembly Funds Management reopens second retail fund

MATTHEW WAI  |  FRIDAY, 21 NOV 2025
Over a year since the second close of the fund, the Lowy family-backed Assembly Funds Management (AFM) has once again reopened the Australian Diversified Property Fund 2 (ADPF2), with 65% now invested across the living, retail and office sectors. The ...

Cromwell expands its Australian industrial portfolio

RIDDHIMA TALWANI  |  TUESDAY, 11 NOV 2025
... Cromwell will also take over the portfolio's existing management platform Terre Property Partners (TPP) for an initial purchase price of $2 million with deferred consideration based on performance. The TPP team will operate as part of Cromwell's platform ...

L1 Group replaces chief, seeks $330m

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
... The group is seeking funds to bolster its products that includes an institutional placement of $286 million and a share purchase plan for $25 million. The money will be used to fund co-investments in L1 Capital's new Global Long Short strategy, provide ...