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Showing 631 - 640 of 713 results for "Lease"

S&P places Lend Lease, GPT ratings on credit watch

AAP  |  WEDNESDAY, 26 MAY 2004
... & Poor's Ratings Services said that following the announcement of a merger between General Property Trust (GPT) and Lend Lease Corp. (LLC) it is placing the ratings on each entity on CreditWatch. The A-plus/A1 ratings on GPT are placed on CreditWatch ...

Lend Lease to merge with GPT

AAP  |  TUESDAY, 25 MAY 2004
Property developer Lend Lease on Monday announced plans to merge with General Property Trust (GPT) to form a $10 billion property group. Under the merger 59% would be owned by GPT unit holders and 41% by Lend Lease shareholders. Under the plan Lend ...

Lend Lease and GPT expected to announced merger plan

AAP  |  MONDAY, 24 MAY 2004
Property developer Lend Lease is expected to announce today a plan to merge with General Property Trust (GPT) to form a $10 billion property group. Lend Lease - which manages GPT via an external structure - said chief executive Greg Clarke would update ...

Market wrap

AAP  |  MONDAY, 24 MAY 2004
... oil prices prompted investors to abandon resource stocks and buy defensive. Listed property trusts also gained, after Lend Lease tried to buy 10% of General Property Trust, prompting expectations it will launch a full merger attempt and trigger further ...

Lend Lease, General Property Trust in trading halt

AAP  |  FRIDAY, 21 MAY 2004
Property groups Lend Lease Corporation and General Property Trust both requested trading halts in their securities last night ahead of an announcement concerning their "future relationship". In a statement released to the ASX, General Property Trust ...

Mariner announces close of first property trust

Financial services newcomer Mariner Financial on Tuesday announced the close of its first property trust with $15 million in subscriptions from retail investors. Mariner Property Trust No 1, located at the Powercor Building in Melbourne's central business ...

MGP, MGI agree to buy Auckland office, industrial park

... hectares with five office buildings and 18 warehouse/industrial buildings. Fletcher Building has five years remaining on a lease for the property. According to MGP the site's annual net rental is $6.5 million, with market reviews every three years, delivering ...

GPT says remains on track to deliver targeted growth for 04

AAP  |  WEDNESDAY, 5 MAY 2004
... the first quarter, the Office Portfolio has reduced expiry risk in the short to medium term and has extended the average lease term across the Portfolio.

No plans to merge with Lend Lease, says General Property chairman

AAP  |  FRIDAY, 30 APR 2004
... Property Trust chairman Richard Longes yesterday there was no proposal before the trust concerning any merger with Lend Lease. GPT has recently been the subject of speculation concerning a link up with Lend Lease along the lines of the Westfield mega-merger ...

Lend Lease eyes GPT for merger

AAP  |  MONDAY, 26 APR 2004
Lend Lease Corp is reportedly believed to be considering a merger with its listed General Property Trust to form a group worth about $11 billion. The Sydney Morning Herald reported property analysts as saying Lend Lease was now under increasing pressure ...