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Showing 71 - 80 of 708 results for "Lease"

AMP warns $68m impairment expected

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
... results. The charges include the write-down of assets related to the development of an advice software solution, "onerous" lease contracts arising from reduced office space and a small amount of capitalised cost impairments. While the impairments will ...

ART, Macquarie, PGGM partner on portfolio acquisition

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
... Fund have backed a Macquarie AirFinance acquisition. Macquarie AirFinance secured a US$2.2 billion portfolio from Aviation Lease and Finance Company (ALAFCO). The transaction was approved by ALAFCO shareholders at an Ordinary General Assembly Meeting ...

Centuria buys $70m tomato farm

CHLOE WALKER  |  FRIDAY, 16 DEC 2022
... year-round production from the facility. The acquisition is supported by strong leasing covenants including a triple-net lease and CPI-linked annual rental reviews. Following the acquisition, CAF's portfolio will be valued at $247 million, taking its ...

Australian Unity sells Macquarie Park asset for $68.8m

CHLOE WALKER  |  TUESDAY, 13 DEC 2022
... of 2 Eden Drive in Macquarie follows the $73 million sale of a 30 Pirie Street property Adelaide, where Telstra ended its lease after more than three decades. "The sale of 2 Eden Park Drive, Macquarie Park and the previously announced conditional sale ...

Regional commercial real estate to run hot: REIA

CHLOE WALKER  |  TUESDAY, 6 DEC 2022
Regional commercial real estate is at the top of the list for key investment opportunities in 2023, according to the Real Estate Institute of Australia (REIA)'s inaugural State of the Industry Report. The report, which was conducted alongside commercial ...

Still potential for dividends growth: Ausbil

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
... global logistics and warehousing businesses, and some local REITs with near fully leased commercial portfolios that have lease profiles that pass inflation on to tenants through ratchet clauses," he said.

Affordable housing investments a win-win: ISA

ANDREW MCKEAN  |  WEDNESDAY, 23 NOV 2022
A Frontier Advisors report ' Super in the Economy ' commissioned by ISA says that affordable housing's longer-term leases backed by government guarantee and low vacancy rates will deliver stable long-term returns that are resistant against ...

Industrial property ensures big wins for TelstraSuper

ELIZABETH FRY  |  MONDAY, 21 NOV 2022
TelstraSuper investment chief Graeme Miller says exposure to industrial property delivered bumper returns for the superannuation fund as the boom in online shopping drove up values. The unlisted property sector makes up about 11% of the super fund's ...

Centuria launches new unlisted industrial fund

CHLOE WALKER  |  TUESDAY, 8 NOV 2022
... property, located in Mackay, was selected based on its attractive 7.24% equivalent market yield and 6.1-year weighted average lease expiry (WALE). The purpose-built, 13,843sqm industrial facility is 100% leased to Wesfarmers' safety supplies subsidiary ...

Aware Real Estate welcomes finance lead

CHLOE WALKER  |  TUESDAY, 8 NOV 2022
... Place, an Australian real estate fund manager specialising in the creation, development, management and operation of Land Lease Communities. She has served as its chief financial officer for the past four years. With Aware Real Estate, Whitby will be ...