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Showing 1 - 10 of 235 results for "Shopping Centre"

Family offices up active management, eye generative AI: UBS

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024
... and the increasing appeal of liquid, yield-generating assets. "I can well understand the finding as we have a shopping centre in Canada, and in the last five years, with COVID, and recently with the higher interest rates, valuations have taken a beating," ...

Centuria launches new wholesale fund

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... Fund, available for wholesale investors. Centuria said the fund provides exposure to a land rich, sub-regional shopping centre occupying a prime position in Mandurah, Western Australia's largest regional city. "It aims to provide investors with attractive ...

Billionaire receives death penalty for embezzlement

KARREN VERGARA  |  FRIDAY, 12 APR 2024
A Vietnamese billionaire property developer has been sentenced to death for embezzling US$12.5 billion - the country's largest case of financial fraud, several reports show. The People's Court of Ho Chi Minh City yesterday handed down the death ...

Charter Hall acquires stake in hotel REIT

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... net lease retail assets and the acquisition is consistent with CQR's strategy to redeploy proceeds from recent shopping centre divestments to increase its focus on net lease convenience retail assets," Charter Hall said. Charter Hall expects HPI to generate ...

Vale Lang Walker

CHLOE WALKER  |  MONDAY, 29 JAN 2024
... team, he has delivered exceptional placemaking concepts that can be seen in iconic developments such as Broadway Shopping Centre, Rhodes Peninsula, Woolloomooloo Wharf, King Street Wharf, Hope Island Resort, Collins Square and Parramatta Square," Gallant ...

Dexus on the hunt for new chief executive

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
... to Dexus, Steinberg served as Colonial First State managing director, property and Stockland chief executive, shopping centre division. His next career move remains unknown.

Prime Super acquires utilities provider

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
The $6.7 billion Prime Super has acquired a utilities provider in which Macquarie Group held a stake. Active Utilities provides electricity, gas, and water, as well as end-to-end billing and customer support services. It operates 75,000 utility meters ...

Centuria looks to grow WA portfolio

CHLOE WALKER  |  FRIDAY, 23 JUN 2023
The latest purchase of a $16 million Busselton neighbourhood shopping centre reflects the group's increased focus on the golden state, according to head of retail Bruce McCully. The daily needs neighbourhood shopping centre is anchored by a Coles ...

Property market peril to continue: Quay Global Investors

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... aren't taking a hit at all. Those companies' values are up 7% or 8% and recently Vicinity Centres sold a shopping centre at a premium," he said. He added retail valuations are "holding up really well", with companies like Scentre Group and Vicinity ...

Future Fund revisits actively managed equity investments

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... no longer enough to ensure decent returns. "A previously considered safe investment like an office building or shopping centre is no longer safe. There are no set-and-forget investments anymore," he said.
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