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Showing 651 - 660 of 5847 results for "property"

ISPT to use SS&C performance measurement tool

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
Industry Super Property Trust (ISPT) has implemented global software provider SS&C Sylvan (SS&C) for performance measurement and attribution. SS&C will now automate ISPT's data ingestion while simultaneously calculating capital and income returns ...

Newmark Property REIT delivers mixed bag

CHLOE WALKER  |  WEDNESDAY, 9 AUG 2023
Newmark Property REIT (NPR) has reported operating earnings of $14 million, while at the same time copping a loss of $8.9 million. The REIT's earnings were up 5.5% against the comparative period for the year ended June 30. It also revealed a statutory ...

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... Hall Long WALE REIT (CLW) made a whopping 122% loss after raking in a profit of $911.9 million in the prior period. The property fund manager calculated adverse net fair value movements on its properties totalling to a loss of $362.7 million, a far cry ...

Private credit to play critical role in the economy: MA Financial

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
... "Therefore, this is something that we would expect to happen more and more over time." Houston added that the distressed property construction debt in the non-banks is likely to be better managed than in the major banks, following an exodus of experienced ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... minimum qualitative standards when conducting compliance plan audits". For managed investment schemes that hold real property, the fact that they are subject to dual jurisdictions should be reviewed. The federal government has responsibility for regulating ...

ASIC takes Dixon Advisory director to court

KARREN VERGARA  |  FRIDAY, 4 AUG 2023
... million debt. The creditors included thousands of financial advice clients who invested in the US Masters Residential Property Fund (URF) and financial products operated by entities related to Dixon Advisory. In January 2022, DASS went into voluntary ...

Former director pleads guilty to super misuse

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... director dishonestly obtained more than $520,000 from six investors on the basis that the funds would be invested in property developments. However, it was found only a small portion of the obtained funds were invested this way. Further, ASIC said between ...

Commercial property deals stuck at 2011 levels

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
Sales of local commercial property assets have dropped to the lowest levels since 2011 for the second straight quarter, says MSCI. Latest data from MSCI shows transaction volumes in Q2 were down 61% year on year, coming in at $7 billion. This was down ...

HUB24 unveils new data feeds

CHLOE WALKER  |  WEDNESDAY, 2 AUG 2023
... report on clients' other investments including cash accounts and term deposits, listed securities, managed funds, direct property, and other assets. HUB24 chief product and innovation officer Craig Apps said the new features have been designed in collaboration ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... volumes rose sharply since April 2023, recently hitting a new record high of 203.2 points. The pause will allow Australia's property and mortgage markets to stabilise and recover, following a rapid sequence of rate rises over the preceding 12 months ...