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Showing 71 - 80 of 443 results for "Buys"

EQT buys Stockland Retirement Living for $987m

CHLOE WALKER  |  THURSDAY, 3 MAR 2022
The global investment firm's infrastructure business has acquired the community living provider in a deal expected to finalise in the coming months. Under the terms of the agreement, EQT will acquire Stockland's portfolio of 58 established Retirement ...

Blackstone buys GIC's stake in logistics trust for $2.1bn

CHLOE WALKER  |  MONDAY, 13 DEC 2021
Blackstone has acquired Singapore wealth fund GIC's 49% stake in the Dexus Australian Logistics Trust (DALT) for $2.1 billion, as the private equity giant looks to tap into the country's fast growing e-commerce market. Dubbed as the second largest ...

Sequoia buys general insurance book

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
The ASX-listed wealth group is expanding its offering, obtaining a new general insurance AFSL and acquiring the customer book of a brokerage firm. Sequoia Financial Group has acquired the customer book of Tag Insurance Brokers, its associated business ...

Hong Kong REIT buys Queen Victoria Building

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
Hong Kong's Link REIT has snapped up stakes in some iconic Sydney buildings. It purchased a 50% interest in Queen Victoria Building, The Strand Arcade, and The Galeries - all retail buildings in Sydney's central business district. The transaction has ...

Baby Boomers cashing in on meme stocks

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
... analysis, Openmarkets took an anonymised population of 600 customers from its Opentrader trading platform and assessed their buys and sells. The split by age was 51% over 40 and 49% under 40.

CMC Markets buys ANZ Share Investing

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
The online trading platform is set to pay $25 million for the big four bank's share investing client base as the latter continues to simplify its banking strategy. The transaction will see 500,000 ANZ Share Investing clients with total assets in excess ...

Navigator buys stake in alternatives manager

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
Navigator Global Investments has acquired a stake in an alternatives investment manager. ASX-listed Navigator will own 32% of Longreach Alternatives after the firms signed a definitive agreement. Established in 2016, Longreach has some $1.6 billion ...

Forrest pitches a green Fortescue to super funds

STAFF WRITER  |  WEDNESDAY, 1 SEP 2021
... makes about 30% of its operational emissions. This includes the power it generates (scope 1), as well third-party power it buys (scope 2). Financial Standard is the official media partner of AIST's Super Investment Conference for 2021. Click here ...

IOOF buys $68m retail property

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
IOOF has added a $68 million Sydney retail property to its unlisted property portfolio. Great Western Centre is located in Minchinbury in western Sydney and in close proximity to Parramatta. It is also close to Bradfield where the new Western Sydney ...

EOFY tips for advisers

KARREN VERGARA  |  WEDNESDAY, 30 JUN 2021
... The Australian Tax Office classifies a small business as one with a turnover of less than $10 million. "So, a company that buys an asset that in turn creates a loss can carry that loss back and get a refund of the tax," he explained. Chapman added that ...