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Showing 1 - 10 of 207 results for %22CBD%22

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... while the average for the book can drop, high-quality clients are still demanding around a 3x recurring revenue multiple in CBD businesses. Last year, Centurion valued practices that earn client fees between $2000 to $3000 per annum with 1.5x to 2.2x ...

Aware Super builds out BTR portfolio

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
... employment hubs. Shops and other key amenities are also within easy walking distance, and it's less than 5km from Sydney's CBD and Sydney Airport." "In short, it's an ideal addition to our portfolio - a development that will prove popular with residents ...

Sydney HNWI drops $24m on EG building

CHLOE WALKER  |  THURSDAY, 15 FEB 2024
... weighted average lease expiry (WALE) of 3.6 years. "Investors value high-quality commercial buildings, even outside of the Sydney CBD, and this transaction signals the appetite that continues to exist for unique heritage office space which has been successfully ...

US investor tips $200m into Wingate

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
The Melbourne-based alternative investment manager has secured $200 million from an undisclosed US investor, bringing its total facilities and funds under management (FUM) to $7.5 billion. According to Wingate, the commitment also contributes to a total ...

Tokenisation is the future: Northern Trust

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
While there is a range of digital innovation opportunities suited for different types of funds, Northern Trust says tokenisation is a key innovation the funds management industry must embrace. In a recent whitepaper, titled The future of funds, Northern ...

ISPT hires development lead, offloads asset

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... are Melbourne's GPO, The Strand Melbourne, Halls Head Central WA, Eastgate Bondi Junction, and 270 Pitt Street in Sydney's CBD.

Dexus launches new opportunities fund

CASSANDRA BALDINI  |  TUESDAY, 24 OCT 2023
... residential properties in Melbourne, including 41 recently completed apartments in stage one of a development in the Melbourne CBD. Additionally, DREP1 has purchased 79 apartments in a recently completed unit development in Central Melbourne which is ...

MaxCap, Australian Unity in social infrastructure partnership

CHLOE WALKER  |  FRIDAY, 13 OCT 2023
... development of a tower located near the new 60,000sqm Edith Cowan University city campus development (ECU City) in the Perth CBD, Western Australia. The $108 million tower is due to commence operating in line with the opening of the new ECU campus in ...

Blackstone drops $500m on Brisbane student accommodation

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
... Brisbane. The acquisition comprises three premium student accommodation assets with a total of 2300 beds in Brisbane's CBD, as well as a 40-person integrated management company. "We see strong fundamentals in Australia for student accommodation - ...

Lendlease, Daiwa House strike BTR deal

CHLOE WALKER  |  WEDNESDAY, 19 JUL 2023
... partnered on a $650 million build-to-rent apartment development at Melbourne Quarter. The development, located in Melbourne's CBD, will be the second build-to-rent residences to be delivered by Lendlease locally. Lendlease will develop, construct and ...
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