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

Search Results

Showing 51 - 60 of 123 results for "Newcastle"

Investec property fund adds more real estate

STAFF WRITER  |  FRIDAY, 5 DEC 2014
Investec Australia Property Fund (IAPF) has acquired two new industrial properties in Newcastle and the western Sydney suburb of Wetherill Park, for a joint purchase price of $26.9 million. The two newly acquired properties are underpinned by long-term ...

Infra manager Hastings inks major China deal

STAFF WRITER  |  TUESDAY, 18 NOV 2014
... CMID consortium won a A$1.75 billion bid ahead of four competitors to secure a 98-year lease to operate the Port of Newcastle. Commenting on the deal Hastings chief Executive Andrew Day said: "We believe we are the first infrastructure investor to successfully ...

The Infrastructure Fund reaches into Europe

MARK SMITH  |  MONDAY, 3 NOV 2014
... partner China Merchants Group won the $1.75 billion New South Wales Government auction for the 99 year lease of Port of Newcastle. TIF is a $1.6 billion investment fund formed in 1998 by a group of institutional investors as a vehicle for unlisted infrastructure ...

AMP creates global infra platform

JAMES FERNYHOUGH  |  TUESDAY, 21 OCT 2014
... in sectors such as transport, communications, and utilities, adding to its existing European holdings, which include Newcastle Airport, Angel Trains, Alpha Trains, Thames Water, CLH, and Greater Gabbard OFTO. AMP Capital said the new global platform ...

FEATURE: The new financiers of infrastructure

JAMES FERNYHOUGH  |  FRIDAY, 12 SEP 2014
... premium for investors who can afford to lock their money away. Transactions like the purchase of Ports Botany, Kembla and Newcastle - all bought by consortiums of super funds - have made the headlines in the last 18 months, while the industry is eagerly ...

Korean military fund puts $40m in Aussie infrastructure

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
... (Tas), NGS Super, QIEC Super, Suncorp Life & Super, and Sunsuper. Among its assets is the recently-acquired Port of Newcastle, which it bought in partnership with China Merchants Group for $1.75 billion.

NSW govt promises $60 billion infrastructure spend

JAMES FERNYHOUGH  |  WEDNESDAY, 18 JUN 2014
... other road, rail and hospital development projects were named, along with the $400 million urban renewal package for Newcastle's inner city, and the $350 million for the Hunter region.

Super sector eyes Qld ports and generators

JAMES FERNYHOUGH  |  THURSDAY, 5 JUN 2014
... the communities they serve." The Queensland government's announcement comes after the recent 98-year lease of Port of Newcastle for $1.75 billion, more than double its projected price. This suggests there will be intense competition over the lease of ...

States urged to recycle infrastructure

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
... funding new infrastructure projects. Had the initiative been running when the New South Wales government sold the Port of Newcastle for $1.75 billion in April, it would have received an additional $260 million from the federal government. It is not ...

The Infrastructure Fund looking to add to Port of Newcastle purchase

MARK SMITH  |  TUESDAY, 6 MAY 2014
... (TIF) is on the hunt for more quality infrastructure assets following its purchase of the long-term lease of the Port of Newcastle, the world's largest coal export port. Last week, TIF and consortium partner China Merchants Group won the $1.75 billion ...