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Showing 1 - 9 of 9 results for "TGP"

Charter Hall acquires stake in hotel REIT

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... represents a premium of $13.9 million above its 31 December 2023 carrying value of the HPI stake, representing about 6.5 cents per TGP security. "The group continues to remain debt free and will use part of these proceeds to continue to purchase the ...

Irongate dismisses 360 Capital bid

KARREN VERGARA  |  FRIDAY, 12 NOV 2021
... securityholder value and will appropriately consider a proposal that is consistent with this objective," IAP said. 360 Capital (TGP) currently has a 20% stake in IAP. The latter's portfolio has $1.43 billion in assets under management. Half-year 2022 ...

360 Capital bids for property fund manager

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... Group is proposing to acquire Investec's former real estate investment business for nearly $1.1 billion. 360 Capital (TGP) and its subsidiary 360 Capital REIT (TOT) has made an offer to take over ASX-listed Irongate Group (IAP). It currently has ...

360 Capital winds up listed equities business

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... Capital has wound up its Active Value Fund and sold Ralton Asset Management, as it exits listed equities. The move follows TGP's decision to focus on higher-margin private equity business. The Active Value Fund was launched in November 2019 and managed ...

360 Capital offloads E&P stake

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
360 Capital has sold its entire stake in E&P Financial Group, after its unsuccessful takeover attempt earlier this year. TGP sold its 19.9% stake in EP1 at 62 cents a share ($29.9 million total including dividends). It says it netted a $9.1 million ...

Evans and Dixon takeover shelved

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... decided to let the offer lapse, and has not extended it. ED1 said the unsolicited takeover received less than 1% acceptances. TGP attributed the change in its position to E&P Financial Group's co-investments, and the opportunity cost of restricting ...

360's plan for Evans Dixon

KANIKA SOOD  |  THURSDAY, 7 JAN 2021
... ownership under compulsory acquisition rules, apply for E&P to be removed from the ASX list and replace all E&P directors with TGP nominees. Under a 100% ownership, 360 Capital's net-tangible assets will increase from 88 cents to about 92 cents per TGP ...

Metro property markets continue reliable income

DARREN SNYDER  |  FRIDAY, 23 DEC 2016
... million in cash in support of CIML's AFSL and net assets requirements. It also includes the acquisition of 360 Capital Group's (TGP) co-investment stakes in TIX (15.6%) and TOF (19.99%) for $115.8 million. Centuria has also entered into a two year put ...

Centuria acquires property platform

DARREN SNYDER  |  THURSDAY, 24 NOV 2016
... million in cash in support of CIML's AFSL and net assets requirements. It also includes the acquisition of 360 Capital Group's (TGP) co-investment stakes in TIX (15.6%) and TOF (19.99%) for $115.8 million. Centuria has also entered into a two year put ...
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