Growthpoint ups the ante for GPT Metro
GPT Metro Office Fund's new building at 3 Murray Rose Avenue at Sydney's Olympic Park is one of its six suburban assets. Photo: Supplied Growthpoint Properties has applied the blowtorch to Centuria Metropolitan REIT by unveiling a sweetened all-cash offer for GPT Metro Office Fund, valuing it at $321 million.The South African-backed Growthpoint has also emerged with a 13 per cent stake in GPT Metro, which it bought from the parent GPT Group, in a bid to kno..>> view originalChevron says second Gorgon shipment on track
Judge blasts CFMEU record as an 'embarrassment to unions'
Video will begin in 5 seconds. CFMEU officials charged over alleged blackmail Union chiefs John Setka and Shaun Reardon may face up to 15 years in jail after being charged with blackmail by a royal commission taskforce. Video courtesy ABC News 24. PT1M25S 620 349 Australia's largest construction union has faced a scathing rebuke for its long record of lawlessness, which a federal judge has labelled an "embarrassment to the trade union movement".On the eve of the federal el..>> view originalThe sorry state of returns from superannuation funds this year
Median balanced accounts, where up to 70 per cent of Australians have their money, will have gained only about 2.3 per cent over the past 12 months. Photo: Michel O'Sullivan Most superannuation accounts will have staggered, exhausted to the end of the 2016 financial year with a slightly positive result.Median balanced accounts — those with exposure of between 60 per cent and 76 per cent to growth assets — where up to 70 per cent of Australians have their mone..>> view originalFarmers will not last longer than 12 months at current low milk price: industry consultant
Farmers will not last longer than 12 months at current low milk price: industry consultant Posted July 01, 2016 11:12:04 There is no clear reason why Australia's largest dairy processor Murray Goulburn is paying farmers significantly less than its competitors this season, according to an industry consultant.Earlier this week Murray Goulburn announced an opening milk price of $4.31 per kilogram for milk solids.The Murray Goulburn price was less than what has been annou..>> view originalOfficer crash: Truck rolls on the Princes Freeway
Officer crash: Truck rolls on the Princes Freeway Peak hour traffic is backed up on major roads because of crashes and lane closures.A truck jack-knifed and rolled on the Princes Freeway in Melbourne's outer south east at about 4pm, leaving one outbound lane closed.The accident happened near Officer South Road in Officer.The truck has been left on its side, blocking one lane. A heavy haulage tow truck is on the scene. JUST IN: One outbound lane has been closed on the Princes Freeway near Off..>> view originalASX closes up despite volatile post-Brexit week
Mark Carney, governor of the Bank of England, is promising to cushion the blow. Photo: Bloomberg ďťżThe tantalising power of low interest rates gave sharemarkets a boost late in the week, although the ASX didn't quite manage to recover its losses in the wake of Britain's historic Brexit vote.On Friday, the benchmark S&P/ASX 200 Index climbed within three points of last Thursday's pre-referendum close of 5280 before a late sell-off saw it close up 13 points at..>> view originalInterOil gets takeover approach to rival $US2.2b offer from Oil Search
Interoil's Elk-Antelope gas fields are at the heart of ASX-listed Oil Search's takeover ambitions. Stephanie Kelly Oil Search's ambitions to swallow up Papua New Guinea gas explorer InterOil in a $US2.2 billion ($2.9 billion) deal have been shaken by news of a rival takeover approach, understood to be from US energy giant ExxonMobil.Sources said on Friday that Exxon, Oil Search's partner in the PNG Liquefied Natural Gas venture, had approached ..>> view originalTelstra network outage leaves customers fuming
A Telstra network outage that lasted more than six hours has affected thousands of people across Australia on the last day of the financial year. Telstra's seventh network outage this year came just 24 hours after chief executive Andy Penn briefed journalists on a $250 million program to improve infrastructure. A map of social media reports about Telstra's network outages. Photo: aussieoutages.com A Telstra spokesman said the outage, the cause of which is yet..>> view originalShaver Shop in well-groomed market debut
Grooming products specialist Shaver Shop made a neat debut on the Australian stock exchange on Friday, with the retailer finishing a whisker above its issue price.Shaver Shop Group shares opened at $1.11, above their $1.05 issue price and closed at $1.085 on their first day with almost 11 million shares traded.The retailer, which has 100 stores, plans to use the proceeds of its $98 million IPO to pay down $15 million of its debt and to fund the opening of another 45 stores across Australia and N..>> view original
Saturday, July 2, 2016
Growthpoint ups the ante for GPT Metro and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment