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Showing 51 - 60 of 161 results for "Commercial real estate"

Pallas Capital, Ares launch $500m lending fund

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
... $500 million approved by its funding partners. PFT aims to further expand Pallas' presence in the local commercial real estate (CRE) debt market by lending money on pre-development loans, residual stock loans, and investment property loans. It will target ...

Madigan Capital appoints head of investment capital

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
Commercial real estate debt manager Madigan Capital has appointed Luke Briscoe as head of investment capital, overseeing its funds management team. Briscoe will start his new position imminently, focusing on advancing Madigan's funds management strategy ...

US investor tips $200m into Wingate

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... 20-year track record, demonstrating the growing interest from institutional investors in the Australian Commercial Real Estate (CRE) private credit sector." Jacobson added that the partnership, in addition to its substantial available funding sources ...

Qualitas scores another $700m from ADIA

CHLOE WALKER  |  TUESDAY, 22 AUG 2023
... financial year ended on June 30, Qualitas has raised $1.45 billion incremental capital in the Australian commercial real estate (CRE) private credit sector. "This represents strong evidence of conviction in the sector from global institutional investors," ...

Institutional investor pumps $750m into Qualitas fund

CHLOE WALKER  |  WEDNESDAY, 16 AUG 2023
... Debt Fund II will allow the investment manager to capitalise on upcoming attractive opportunities in the commercial real estate (CRE) private credit sector. The commitment of $750 million by an unnamed institutional investor brings the size of the fund ...

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... suffered a major blow to its bottom line, copping a $198 million loss as substantial devaluations in the commercial real estate sector materialise in the 2023 financial year results. The Charter Hall Long WALE REIT (CLW) made a whopping 122% loss after ...

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

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
... Financial Standard, Houston said she expects non-banks to increasingly assist major lenders in servicing the commercial real estate debt market, particularly when it comes to the critical housing shortage. "For quite a while now, the major banks have ...

Office sector down 8%: MSCI

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
The commercial real estate sector continues to take a beating, suffering an 8% devaluation to its capital in the last financial year, according to MSCI. Commercial real estate funds returned -4.4% for investors and provided a measly 3.7% in income during ...

European pension fund hands MaxCap $200m

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... Mortgage investment option offered by MaxCap Investment Trust (MIT), its flagship, diversified and evergreen commercial real estate (CRE) debt vehicle. The investment, which is the investor's first foray into real estate debt within Australia, establishes ...

Cadence secures $55m for new fund

CHLOE WALKER  |  TUESDAY, 4 JUL 2023
... Charlie Buxton. According to Buxton, its new fund will invest in a diversified portfolio of income-producing commercial real estate within the industrial, office and select retail sectors of Australia, looking to derive a return from both income and ...