Page 22 - John Bond News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bitterness between Ken Talbot’s children, widow destroys dying wish Business by Vanda Carson Premium Content Subscriber only Bitter infighting between mining billionaire Ken Talbot's children has effectively destroyed his dying wish that a third of his fortune be dedicated to charity through a single family-run foundation. The extent of the rift between Talbot's widow and children from his two marriages has been laid bare in the Supreme Court after a judge ordered that two foundations be set up using proceeds from his estate because they "would not ...

An ASX-listed fund manager and investor has snapped up Foundation Place, the first office building developed in Maroochydore's new $2.5bn city centre.

Primewest and BlackRock combine to buy AMP building in Perth Share The ASX-listed fund manager said it had formed a joint venture with a fund advised by BlackRock Real Assets and had successfully exchanged contracts on the 28-level, A-grade property which AMP has owned since 1910. Settlement is expected in late June. The lobby of 140 St Georges Terrace, Perth.   Primewest managing director David Schwartz said BlackRock had taken the majority stake in the office tower, in the heart of the Perth CBD, which is understood to have sold for $260 million. “We’ve got a small percentage, it’s n...

Centuria to merge with Primewest in $600m deal Share Listed investment platform Centuria Capital has struck a $600 million deal to merge with Perth-based Primewest, to create a $15.5 billion property fund management platform. ASX-listed Primewest’s board led by executive chairman John Bond, the son of Alan Bond, has unanimously recommended the Merger, in the absence of a superior proposal. John McBain and Jason Huljich, joint CEOs of Centuria Capital.   Edwina Pickles / AFR Boss That support is subject to an independent expert assessing the merger as fair and reasonable Primewest’s inves...

Australia’s Centuria makes takeover bid for Primewest Australia’s Centuria makes takeover bid for Primewest Australian flag waving over Sydney Australian real estate money manager Centuria made an off-market takeover bid for Primewest, in a deal that would create a A$15.5 billion ($12 billion) firm. A filing with the Australian stock exchange said real estate firm Primewest's board has unanimously recommended the merger, in the absence of a superior proposal and subject to an independent expert to deem the merger to be fair and reasonable to Primewest shareholders. Primewest's board — ...