Hong Kong's JY Group Buys Half-Stake in Sydney Mall
Hong Kong's JY Group has acquired 50 percent of the Carlingford Court shopping centre in Sydney from pension fund manager Telstra Super.
Source: mingtiandi.com
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First week of adviser losses for FY23 | Money Management
The financial advice industry has seen its first negative week of losses for the financial year, losing five, although the net gain for the year is still solid at 174, according to Wealth Data.
Source: moneymanagement.com.au
Mirvac to lift earnings with AMP Capital's office fund win
Mirvac’s pursuit of the $7.7 billion fund’s management, after its initial approach was turned down last year, finally bore fruit this week.
Source: afr.com
AMP office fund: Mirvac wins control of $7.7 billion Capital Wholesale Office
The vote ends more than six months of uncertainty over the future of the fund, after Mirvac revived its bid this year, backed by disgruntled investors.
Source: afr.com
Last-minute twist delays vote on $7.5b AMP office fund
Investors will consider the merits of an 18-month fee holiday before voting on their long-term future, with either Dexus or Mirvac as their fund manager.
Source: afr.com