Investec Australia Property Fund (“IAPF” or the “Fund”) today announced the acquisition of a 50% interest in an institutional grade office tower in the heart of the Brisbane CBD with Abacus Property Group (ASX: ABP) for a total purchase price of AUD 132,000,000. Abacus, its management team and majority shareholder are well known to the Fund and the Investec Group.

Spur Corporation’s results for the year to June suggest the pressures facing consumers are being felt most acutely in the lower end of the market.

Thursday, 25 August 2016 17:22

Murray and Roberts exits construction sector

Murray and Roberts will focus on three core sectors in future — underground mining, oil and gas, and power and water, says group.

SA's listed property companies struggle to find well priced acquisition opportunities and takeovers are becoming more difficult to achieve now as there are no easy targets.

Investec Australia Property Fund announced the acquisition of a three level, A-grade property in Macquarie Park, Sydney for AUD 23,255,000.

Tuesday, 07 June 2016 18:25

Respublica banks on Australia for growth

Redefine Properties' student housing arm, Respublica, says it is set to grow exponentially when its Australian product comes online in 2019.

Growthpoint will not rush into other emerging markets, but instead bide its time and continue to grow its existing investments in Australia.

Despite vast capital growth in Sydney and Melbourne prime residential markets over the seven-year period to December 2015; overall the broader mainstream markets have significantly outperformed.

China has seen an increase in outward investment by almost 1,500%* in a decade (2005 - 2015) according to the Knight Frank Wealth Report, 2016. 

Investec Australia Property Fund (“IAPF” or the “Fund”) is pleased to announce that its rights offer, which closed on 19 February 2016, was completed successfully and oversubscribed.

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