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Showing 71 - 80 of 714 results for "Lease"

Super fund reaches dispute settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAR 2023
... powders plant. Amaero International reached a settlement with MTAA Super - now Spirit Super - over a dispute regarding the lease of a facility in the Monash Precinct in Victoria. The dispute also involved JG Service. Amaero was to lease the facility ...

RF Corval secures industrial facility, eyes more

CHLOE WALKER  |  FRIDAY, 10 MAR 2023
The boutique fund manager has purchased a $14.7 million industrial asset through its RF CorVal Property Fund (CPF), as it looks to capitalise on tailwinds in the market it sees lasting for some time to come. Located in Wingfield, South Australia, the ...

Centuria adds to glasshouse portfolio

CHLOE WALKER  |  TUESDAY, 7 MAR 2023
... the total size of its glasshouses under management to 74-hectares under-glass, worth $323 million. It comes with a 15-year lease to Costa Group. It increases Centuria's total agricultural assets under management (AUM) to $500 million. In addition ...

Australian Unity kicks off capital raise

CHLOE WALKER  |  TUESDAY, 7 MAR 2023
... that comes with investing in the fund's top-grade portfolio-it enjoys a very high 98% occupancy and its weighted average lease expiry is 16.4 years." Meanwhile, Australian Unity chief executive wealth and capital markets Esther Kerr-Smith said the strong ...

Sun Venture makes first purchase down under

CHLOE WALKER  |  FRIDAY, 10 FEB 2023
The Singaporean investment giant has acquired 50 Miller Street in North Sydney for $148 million, following an expressions of interest campaign in Q3 of last year. The 10-storey block, previously owned by Sydney-based investment manager Sumner Capital ...

ASIC bans Gold Coast businessman

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
ASIC has banned a Gold Coast director from providing financial services for four years after discovering his business leased an algorithmic trading program and operated without a licence. Gregory William Finerty, the sole director of Bradford AI, has ...

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 ...