Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 901 - 910 of 925 results for "REIT"

St.George dividends to grow in line with EPS

AAP  |  FRIDAY, 17 DEC 2004
Australia's fifth largest bank, St George Bank Ltd, today reaffirmed its earnings forecast for the 2005 financial year and flagged an improvement in payouts to shareholders. St George chairman Frank Conroy reiterated that the bank was targeting 10 per ...

Deutsche Asset Management launches two new property funds

AAP  |  TUESDAY, 31 AUG 2004
... the US, also speaking in Sydney today, said there had been a global rise of the adoption of real estate investment trusts (REIT), which are similar to listed property trusts in Australia and have transparent operating and tax structures. \"In the United ...

PM Capital says will not sell Burswood at $1.40 a share

AAP  |  MONDAY, 21 JUN 2004
Specialist equity manager PM Capital reiterated on Friday its intention not to accept Publishing & Broadcasting's (PBL) $1.40 a share offer for Burswood. PM Capital is Burswood's third largest shareholder with 7.06% of the company. "Excepting any material ...

St George Bank proposes capital raising, chairman to retire

AAP  |  TUESDAY, 1 JUN 2004
St George Bank chairman Frank Conroy said on Monday he will retire from the board at the conclusion of the bank\'s annual meeting in December. \"For the past twenty years or more, I have been in a senior corporate role either as an executive or a public ...

Japanese invest A$120 million in local listed property fund

Japanese retail investors continue their attraction to the Australian property market, having injected A$120 million into a new Australian Listed Property Trust (LPT) fund managed by Merrill Lynch Investment Managers (MLIM). The Merrill Lynch Global ...

Tabcorp and Tab in war of words over takeover bid

Tabcorp Holdings [yesterday] upped pressure on Tab Ltd to accept its takeover bid, saying it could see no reason for the NSW gaming house to keep delaying the decision. But Tab accused Tabcorp of trying to "heavy" its board and reiterated a recommendation ...

Tab profit upgrade values company above Tabcorp offer

AAP  |  FRIDAY, 30 APR 2004
Tab yesterday signalled it was worth more than the $2 billion offered by Victoria's Tabcorp Holdings by upgrading its profit forecast for the financial year. The upgrade also prompted speculation Tab was gearing up for a bid for Queensland's UNiTAB. ...

Sherry will keep his job despite super blooper: Latham

AAP  |  FRIDAY, 19 MAR 2004
Labor's retirement incomes and savings spokesman Nick Sherry would keep his job despite bungling a pension plan announcement, Opposition Leader Mark Latham said today. Senator Sherry this week apologised for an $8 billion mistake in the opposition's ...

Telstra says FY04 revenue growth to exceed cost

Australia's largest telecommunications company Telstra Corp Ltd said today that it had reiterated its full year earnings guidance, saying that any cost growth would be less than revenue growth. The comments came after the company posted a net profit ...

David Jones says Q2 sales up 3.3%

Australian upmarket retailer David Jones Ltd said today that it is on track to meet its 2003/04 sales growth forecast of 1.5-25 per cent after second quarter sales rose by 3.3 per cent. The company said that first half sales were up 2.8 per cent from ...