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Showing 711 - 720 of 3751 results for "Acquisition"

TIP Group to acquire advice firm

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... compliance. Enva reported FY22 revenue of $1.8 million and net profit after tax (NPAT) of $0.4 million. As part of the acquisition, TIP will claim a 100% stake in both Enva Australia Pty Ltd and Enva Holdings Pty Limited. TIP said the consideration payable ...

Centuria adds to glasshouse portfolio

CHLOE WALKER  |  TUESDAY, 7 MAR 2023
... behalf of its agriculture fund from an unnamed family office. The transaction is CAF's third off-market glasshouse acquisition in just over six months, taking the total size of its glasshouses under management to 74-hectares under-glass, worth $323 ...

Australian Unity kicks off capital raise

CHLOE WALKER  |  TUESDAY, 7 MAR 2023
Australian Unity's Healthcare Property Trust (AUHPT) has reopened for a limited time to seek to raise $350 million for its upcoming acquisitions and developments. The $3.8 billion unlisted healthcare fund, which was was launched in 1999 with a portfolio ...

Airlie founder to step down, successor named

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... our institutional and retail clients." Magellan took over Airlie, which had $6 billion at the time. As part of the acquisition. Magellan then launched an actively managed ETF, the Airlie Industrial Share Fund (AASF), on the ASX. Magellan simultaneously ...

AustralianSuper invests in build-to-rent-to-own affordable housing

ANDREW MCKEAN  |  TUESDAY, 7 MAR 2023
... project, with 171 apartments at four Ballarat Street, Brunswick. Additionally, AustralianSuper has agreed to support the acquisition of three new Assemble Future sites in Victoria, providing over 1000 additional Assemble Futures Homes in central Melbourne ...

Lazard Asset Management creates family office division

CHLOE WALKER  |  FRIDAY, 3 MAR 2023
... Truvvo and Lazard are committed to providing world-class investments and service to our clients. "We believe this acquisition will position us to fully serve families, helping them to reach their financial and business goals and to build a lasting legacy." ...

Investec Property Fund, Irongate Australia in new JV

CHLOE WALKER  |  FRIDAY, 3 MAR 2023
... previously spent 15 years as Investec's chief executive of Australia and head of property. Interestingly, Katz led the acquisition the management rights of the Investec Australia Property Fund from Investec Group in 2021 and rebranded it to Irongate ...

Hines buys QLD industrial asset

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
The global real estate manager has made its seventh industrial and logistics asset acquisition in Australia and its second in Queensland with the purchase of a Brisbane cold storage property. Located at 31 Lahrs Road in Ormeau Queensland, the 11,175 ...

Diverger highlights M&A progress, pipeline

JAMIE WILLIAMSON  |  MONDAY, 27 FEB 2023
In reporting its half-year results, Diverger reinforced its commitment to inorganic growth, saying a 13% drop in profits is owed, among other things, to investment in its FY25 strategy. Diverger reported underlying profit of $2.93 million, citing lower ...

Clime profits slide, poised for further M&A

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
... costs of doing business. "Growing industry demand for managed accounts, the private wealth merger with MTIS, the full acquisition of Ralton, and the strategic alliances with Torica and Marcus Today, positions the Clime Group to provide high quality ...