• Vicinity Accelerates Portfolio Enhancement With Up To $1 billion Of Asset Sales

    Vicinity Accelerates Portfolio Enhancement With Up To $1 billion Of Asset Sales0

    Vicinity Centres (Vicinity; ASX: VCX) today announced plans for the sale of up to $1.0 billion of Sub Regional and Neighbourhood shopping centres, with sale proceeds to be reinvested into value-accretive development opportunities. This continues Vicinity’s focus on ongoing portfolio enhancement and delivering superior income and sustainable long-term capital growth for securityholders. Mr Grant Kelley,

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  • ACCC Approves REA Group Acquisition of Hometrack Australia

    ACCC Approves REA Group Acquisition of Hometrack Australia0

    REA Group Limited (ASX:REA) today announced that the ACCC has confirmed that it will not intervene in the acquisition by realestate.com.au Pty Ltd of Hometrack Australia Pty Ltd (“Hometrack Australia”), as announced to the market on 1 May 2018. Hometrack Australia is one of Australia’s leading providers of property data services. Its suite of products

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  • IOF Receives All Cash Acquisition Proposal From Blackstone

    IOF Receives All Cash Acquisition Proposal From Blackstone0

    The Directors of Investa Listed Funds Management Limited (ILFML), as responsible entity for Investa Office Fund (IOF), announce that ILFML has received an unsolicited, indicative and non-binding proposal from funds managed or advised by Blackstone Singapore Pte. Ltd. or its affiliates (collectively, Blackstone), in relation to a proposal to acquire IOF by way of a

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  • Stockland Raises EUR 300 Million in New Funding

    Stockland Raises EUR 300 Million in New Funding0

    Stockland has secured new, long-dated European medium term note (MTN) funding to the value of EUR 300 million (AU $475 million equivalent). The issue is for an eight year term, with settlement expected on 27 April, 2018. The transaction was priced on an Australian dollar basis of approximately bank bill swap rate (BBSW) +170bps (exclusive

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