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Showing 1 - 10 of 31 results for "Vicinity"

QIC replaces real estate managing director

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... steps down from the position after more than five years. Before QIC, he was the chief financial officer at ASX-listed Vicinity Centres. He initially joined Vicinity as the chief investment officer and had oversight of a $26 billion portfolio, spread ...

Property market peril to continue: Quay Global Investors

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... on the asset. "Storage assets 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 ...

Economic landscape spurs advice model rethink

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... taking up the use of managed accounts. "Over the last 20-30 years, investors have become used to consistent returns in the vicinity of 8-10% per annum from equities. With more conservative returns on the horizon, advisers can expect greater scrutiny ...

Vicinity Centres head announces retirement

CHLOE WALKER  |  MONDAY, 31 OCT 2022
Grant Kelley has announced his departure from Vicinity Centres after more than five years as its managing director and chief executive. Kelley is set to retire from Vicinity by 30 June 2023, to facilitate a smooth and coordinated transition to his successor ...

Melissa Caddick's multimillion dollar mansion to hit the market

CASSANDRA BALDINI  |  FRIDAY, 1 JUL 2022
... Heights Property to market." He added that the group is actively working towards having the property ready for sale "in the vicinity of five to six weeks." "Dover Heights Property forms part of the Receivership Property. Once all the Receivership Property ...

EG's latest Brisbane buy boosts portfolio to $1bn

CHLOE WALKER  |  WEDNESDAY, 23 MAR 2022
... markets in 2022." The interest was sold off-market by US investment manager Invesco, with the other 50% stake held by Vicinity Centres. ACE fund manager and executive director Chris Pak said that EG's fund owns 14 core-plus assets across Australia in ...

CBA Group Super overhauls service providers

JAMIE WILLIAMSON  |  TUESDAY, 25 JAN 2022
... fund divested Mount Pleasant Shopping Centre in Queensland, a holding in its real assets portfolio. It was managed by Vicinity Centres on behalf of the super fund and sold late last year for $162.5 million.

AustralianSuper adds to board

JAMIE WILLIAMSON  |  MONDAY, 15 NOV 2021
... Group for almost a decade until July 2019. She has held several other senior roles, including head of institutional at Vicinity Centres, general manager of Centro Properties Group's funds management business between 2002 and 2009 and as an independent ...

Hong Kong REIT buys Queen Victoria Building

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
... core capitalisation rate of 5.00%, represents Australia's largest CBD shopping centre transaction since late 2017, when Vicinity Centres acquired its 50% interest in the same trio of centres, which it continues to manage. "The Link REIT/EG acquisition ...

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
... price inflation to, at the very least, move higher to within their expressed targets. These targets were generally in the vicinity of around 2% -- the rate at which the world's monetary and fiscal masters consider stable inflation. They are correct ...
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