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Showing 1 - 10 of 11 results for "Lowy Family"

Lowy family takes stake in Magellan

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
The Lowy family has acquired a 5.1% stake in Magellan Financial Group via its trust Oryxium. Oryxium splashed $79 million across 9.35 million securities in Magellan to become a substantial shareholder. The major stake comes after Magellan announced ...

Assembly Funds Management reopens second retail fund

MATTHEW WAI  |  FRIDAY, 21 NOV 2025
Over a year since the second close of the fund, the Lowy family-backed Assembly Funds Management (AFM) has once again reopened the Australian Diversified Property Fund 2 (ADPF2), with 65% now invested across the living, retail and office sectors. The ...

QIC offloads Victorian shopping centre for $440m

MATTHEW WAI  |  WEDNESDAY, 18 JUN 2025
The Lowy Family Group-backed Assembly Funds Management (AFM) has struck a deal with PGIM Real Estate to jointly acquire QIC's Woodgrove Shopping Centre in Melton, Victoria for $440 million. The single-level centre, spanning over 27 hectares of land ...

Assembly Funds Management seeks $100m

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
Assembly Funds Management (AFM), backed by the Lowy family, is seeking to raise about $100 million in re-opening its second property fund. Australian Diversified Property Fund 2 (ADPF2) is rattling the tin for the second time after it completed its ...

Assembly launches second diversified fund

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
... performed well in the years that follow," Gutman said. AFM was launched in 2019 as a partnership between Gutman, the Lowy Family Group and Alceon.

Assembly FM names head of capital

KARREN VERGARA  |  TUESDAY, 12 OCT 2021
... manager Assembly Funds Management hired a head of capital from Lendlease. The real estate fund manager, backed by the Lowy Family Group and Alceon, appointed Sydney-based Pete Wylie to the newly created role. Wylie was most recently the head of capital ...

Lowy-backed Assembly acquires childcare centres

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
The Lowy Family Group backed Assembly Funds Management has acquired six early learning centres in North West Sydney. The acquisition is in partnership with Harrington Property Funds Management and will see the six childcare centres operated by Young ...

Lowy hands over keys to the Westfield kingdom

ALEX BURKE  |  WEDNESDAY, 13 DEC 2017
... "We are delighted to announce this transaction today. All of us at Unibail-Rodamco have immense respect for what the Lowy family and the Westfield team have accomplished with the Westfield brand and the company's iconic collection of world-class shopping ...

Lowys ramp up Westfield selldown

MARK SMITH  |  TUESDAY, 26 MAR 2013
The Lowy family has followed through on its latest divestment deal, selling 49.9% of its Florida Westfield portfolio to New York property investor O'Connor Capital Partners. The retail giant will stay on as property and leasing manager in an arrangement ...

VTP appoints two more directors

COMPANY RELEASE  |  TUESDAY, 13 OCT 2009
... appointed Stuart Nisbett, a former top executive at ANZ and Rothschild, and John Vatovec, previously a fund manager at Lowy Family Group, as board members. The appointments come less than two weeks after VTP shareholders elected to replace the company's ...
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