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Showing 881 - 890 of 7967 results for "Total"

Family office buys into WNBL potential

JAMIE WILLIAMSON  |  TUESDAY, 2 JUL 2024
... itself a basketball fan, having purchased a 30% stake in Hoops Capital in 2022. Hoops Capital is the basketball business of Total Sport & Entertainment and owns both the Sydney Kings and Sydney Flames teams. Away from the court, the family office is ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... really begun to bite. Last financial year, the amount companies spent on interest payments surged by 24%, reaching a record total of US$458 billion - a year-on-year jump of US$89 billion. Debt service costs have hit record levels in every country. Janus ...

Stafford Capital wins $569m mandate

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
Stafford Capital Partners announced it has been selected as a manager for the ACCESS Pool in global core timberland, and as ACCESS' sole global impact timberland manager. The initial size of the ACCESS timberland mandate is around £300 million ($569 ...

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... Sydney to the Mirvac Industrial Venture (MIV), with Australian Retirement Trust (ART) acquiring a 49% interest, bringing its total expected value to $1 billion. Last June, Mirvac and ART launched the $370 million MIV. Its seed asset was the Switchyard ...

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... average. The Betashares Global Shares ETF, launched in May 2023, has a fee of 0.08% p.a. and represents 2.3% of Betashares' total assets. Its currency hedged counterpart, also launched recently, has a fee of 0.11% p.a. and accounts for 1.7% of total ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... Bureau of Statistics (ABS) revealed household wealth rose for a sixth straight quarter, by 2.7% in the March quarter to total $16.2 trillion. Residential land and dwellings was the largest contributor to quarterly growth in household wealth, adding 1.3 ...

Dexus sells three assets for $383.2m

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... largely offset the impact of higher capitalisation and discount rates. The weighted average capitalisation rate across the total stabilised portfolio sits at 5.87%. The weighted average capitalisation rate of the office portfolio is 6.01% while the industrial ...

Qualitas secures additional $300m mandate

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... Qualitas Diversified Credit Investments (QDCI) platform. This represents ADIA's third commitment to QDCI and brings the total committed to $1.67 billion since ADIA's initial investment in August 2022. The latest commitment will see $220 million activated ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... arm's length, and the amount actually incurred, with no deductions applying against that amount. "However, the fund's total non-arm's length component cannot exceed the fund's assessable income minus deductions, excluding assessable contributions ...

Qualitas scores $550m mandate

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... private credit across construction loans, predevelopment land loans and investment loans. The new mandate brings Qualitas' total funds under management to $8.6 billion representing around 42% growth from 30 June 2023. Qualitas will co-invest up to $25 ...