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Showing 81 - 90 of 923 results for "REIT"

Monetary policy to underscore 2025 allocations

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
... passive rent collecting," Berry said. He said the market rally could extend, potentially favouring a small company or smaller REIT positioning, sparked by increased M&A activity, broader market rotation, sector themes benefitting smaller groups, or institutional ...

ASX bleeds $41bn from delistings

KARREN VERGARA  |  THURSDAY, 9 JAN 2025
... on year. Some 22 IPOs raised an aggregate $3.2 billion (US$2 billion), driven by HMC Capital's DigiCo Infrastructure REIT (DGT), which raised $2 billion (US$1.3 billion) upon its debut on December 13. On December 18, DGT finalised its acquisition ...

HPI rethinks Hostplus, Charter Hall takeover

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... announced last Friday is based on two recent developments. The first being the bidders gaining a substantial take in the REIT of 52.38% as of December 18. This means they will be able to control the composition of the board and influence the strategy ...

M&A and IPO the 'gamechangers' for 2025: Expert

MATTHEW WAI  |  FRIDAY, 20 DEC 2024
Providing an outlook for the new year, Fidelity International portfolio manager Casey McLean said M&A and IPO activities will likely increase, noting there are a list of companies anticipated to make the foray into the public markets across the US and ...

Analyst Moves: Franklin Templeton, JANA, Bain, MLC

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
Franklin Templeton has confirmed that Francyne Mu will step down from her role as portfolio manager and research analyst within the equity group. The asset manager said it is not looking to replace the role - that the team is well-resourced globally. ...

HMC Capital makes $950m acquisition

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... development team," Karl said. The news of this acquisition comes hot on the heels of HMC launching its Digital Infrastructure REIT (DigiCo) on the ASX last month. The REIT has an enterprise value of $4.3 billion in data centre assets in Australia and ...

360 Capital seeks $20m in capital raise

ELIZA BAVIN  |  MONDAY, 2 DEC 2024
360 Capital has launched an equity raising to wholesale and institutional investors for its 360 Capital Mortgage REIT (ASX: TCF). 360 Capital is proposing to issue up to 3.36 million new ordinary fully paid units in the fund at a price of $5.94 per ...

Regulators warn of possible issues with FAR reporting

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
APRA deputy chair Margaret Cole and ASIC deputy chair Sarah Court have sent a letter to superannuation trustees reminding them of their obligations under the Financial Accountability Regime (FAR) before it takes effect next year. The FAR commenced for ...

HPI calls Hostplus, Charter Hall takeover 'cheap'

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
Hostplus and Charter Hall have again extended their offer period to take over Hotel Property Investments (HPI), which pleaded with shareholders to reject the "cheap" and "half-empty" deal. HPI told shareholders that "$3.785 will be lucky to buy you ...

Former Western AM investment chief charged for 'cherry-picking'

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
The Securities and Exchange Commission (SEC) has charged former Western Asset co-chief investment officer Ken Leech for "engaging in a multi-year scheme to allocate favourable trades to certain portfolios." The SEC alleges Leech engaged in the conduct ...