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Showing 791 - 800 of 6679 results for "Sale"

AMP, Dexus deal delayed

CASSANDRA BALDINI  |  MONDAY, 9 JAN 2023
Dexus could see millions shaved off its purchase of Collimate Capital due to an outstanding matter delaying AMP from sale. Dexus announced the condition precedent for the transaction's completion relates to the transfer of AMP's ownership interest ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... $8 billion superannuation and investments business to Resolution Life. In an announcement made in February, AIA said the sale would allow the insurer to focus on its core business of life and health insurance and wellbeing services. AIA came to own the ...

Centuria buys $70m tomato farm

CHLOE WALKER  |  FRIDAY, 16 DEC 2022
... Australia's largest glasshouse assets for $70 million in an off-market transaction. As part of the deal, CAF will enter a 20-year sale and leaseback arrangement in respect of the property with sustainable horticultural operator, Sundrop Farms. The Port ...

Australian Unity sells Macquarie Park asset for $68.8m

CHLOE WALKER  |  TUESDAY, 13 DEC 2022
... Investment Office Fund (AOF) has offloaded a Northern Sydney office and warehouse complex at a 10% premium to book value. The sale of 2 Eden Drive in Macquarie follows the $73 million sale of a 30 Pirie Street property Adelaide, where Telstra ended its ...

PM Capital appoints distribution director

ELIZABETH FRY  |  FRIDAY, 9 DEC 2022
The former general manager of retail distribution at Challenger has taken on a new role at PM Capital. PM Capital has confirmed the appointment of Luke Cheetham as director of distribution. He will be responsible for the distribution of the firm's ...

BT head joins Colonial First State

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
Colonial First State (CFS) has expanded its leadership team, hiring Chris Mather as its new executive director of new business. CFS group executive of distribution Bryce Quirk said: "Chris is an accomplished financial services executive and senior leader ...

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
... CBA said the purpose of the increased limit was to cover certain remediation activities that were identified at the time of sale and up to four years post sale. "The estimates of ongoing service fee customer remediation payments have been revised to ...

Talaria hires head of sales

CASSANDRA BALDINI  |  MONDAY, 5 DEC 2022
Talaria Asset Management has named Lance Oliver as its head of sales. Oliver stepped into the newly created role today and is based in Talaria's Melbourne office. He will be responsible for leading the business development team and will help support ...

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022
... screen applied to exclude manufacturers of cigarettes and other tobacco products, it did not exclude companies involved in the sale of tobacco products." A Vanguard spokesperson said the manager identified an "inadvertent error" in the PDS, self-reported ...

Blackstone restricts withdrawals on US$125bn property fund

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
... approximately US$1.27 billion to VICI Properties (VICI). In a statement Blackstone senior managing director Scott Trebilco said: "The sale of these assets is an excellent outcome for our Blackstone Real Estate Income Trust (BREIT) investors and enables ...