The company insiders interest are more aligned with external shareholders in this case. Oct 14, 2018 investa office fund iof said on monday it has given private equity firm blackstone four days to match a rival offer by canadas oxford properties group as the bidding war for the australian office owner comes to a head. Investa quote dws esg investa fund bloomberg markets. Mandiri investasi offers discretionary fund that can be customized in accordance to investor needs based on their investment objectives and risk profile. The company had an ipo in 2015 and was officially listed on the australian stock exchange as costa group holdings limited on 24 july 2015 with the ticker symbol cgc. Investa office fund acquires securities asx news by kalkine. Investa office fund i notice of meeting and explanatory memorandum 01 letter from the chairman 8 may 2017 dear iof unitholder you are being asked to consider and vote on a proposal to acquire a 50% shareholding on a joint venture basis in investa office management pty limited iom or the management platform, a specialist office. Investa property group investa today announces that it has acquired 59.
Investa property group enabling australian work life to. Hotcopper has news, discussion, prices and market data on investa office fund. The fund s objective is to provide a stable and optimal investment return. Briefinvesta office fund announces distribution for six. Michael scott general manager piccadilly office complex.
The dividend payout ratio of investa office fund is 23. With the recent sale of cromwells investment in investa office fund, this article summarises what happened, when and why, in order to provide some insight into the rationale behind the initial investment and ultimately, the decision to sell. It was demerged from bhp billiton on 22 july 2002 as bhp steel and renamed bluescope steel on 17 november 2003. Commonwealth property office fund cpa, investa property fund iof, fkp property group fkp. Embed save insider ownership % this is the historical insider ownership of investa office fund. Not all reits are created equal, and we screen this list of 400 every quarter to. Investa s properties include some of the most prestigious office buildings, with more than 1 million kilometres of space, in sydney, melbourne, brisbane, canberra and perth. This the institutional ownership history of investa office fund. This is one of the longest of my sector stock lists, but rightfully so as real estate investment trusts reits are an important asset class for investors to easily and inexpensively access a global portfolio of incomeproducing real estate. Mimmmid analysis investa money market fund bloomberg markets. The iof performance and periodic statements can be found here.
As at close on 18 december 2019, the companys ordinary. Oct 04, 2017 investa property group investa today announces that it has acquired 59. The real estate investment trusts ex distribution date is. At a meeting in sydney on tuesday, the meeting saw a 99 per cent acceptance of all six. How an exfactory worker helped save one of australias iconic companies 9781681020808. A roadmap to portfolio diversification strachman, daniel a. Investa office fund previously ing office fund is one of australias largest office property groups price change. Early in 2004, bluescope merged with the american firm butler. Update 1australias investa office fund gives blackstone. Mimmmid analysis investa money market fund bloomberg.
Cromwell property groups drawnout bid to take control of the listed investa office fund has taken a step forward with the iof board saying it is willing to provide due diligence to assist. Investa office fund does not have a long track record of dividend growth. Join the hotcopper asx share market forum today for free. The funds objective is to maximize capital appreciation. Ioof holdings limited is an australian financial services company which offers a range of. View michael scotts profile on linkedin, the worlds largest professional community. Investa office fund has announced its distribution for the six months ending 30 jun 2017 will be 10.
Dws esg investa is an openend investment fund incorporated in germany. Historical information regarding iof distributions, reporting and presentations up to financial year 2019 can be accessed via the links below. Investa office fund share candlestick chart iof investing. Investa office fund stock price today markets insider. The asx groups activities span primary and secondary market services, including capital formation and hedging, trading and price discovery australian securities exchange central counter party risk transfer asx clearing corporation. Page 1 appendix 4d halfyear report halfyear ended 31 december 2016 appendix 4d halfyear report halfyear ended 31 december 2016 name of entity.
Combining our specialist expertise in development, property, asset and funds management, we enhance the value of australian workplaces for our tenants, investors and communities. Australias investa says blackstone pulls out of takeover race. Jan 25, 2017 this is one of the longest of my sector stock lists, but rightfully so as real estate investment trusts reits are an important asset class for investors to easily and inexpensively access a global portfolio of incomeproducing real estate. Macquarie wealth management investa office fund 20 august 2015 3 taking a conservative stance on fy16 iof has provided fy16 ffo guidance of 28.
Icpf aims to achieve strong total returns by implementing a low risk investment approach, focusing on premiumgrade offices in major australian cbd markets. The firm provides corporate boards and executives with strategic advice and services relating to corporate governance, shareholder and bondholder communication and engagement, capital markets intelligence, proxy solicitation, shareholder activism and mergers. Top 30 australian real estate investment trusts areits in. Stock investa office fund stock price today markets. Recommendation timeline if not a continuous line, then there was no macquarie coverage at the time or there was an embargo period. General discussion investment ideas warren buffett books tutorials tutorials. Canadas oxford properties is battling privateequity giant blackstone group for control of major australian office landlord investa as the canadian pension fund seeks commercial real estate in.
Investa is committed to keeping our stakeholders informed through regular communication and ongoing engagement our media centre publishes the latest news, reports and resources to keep our stakeholders informed. The stake was acquired as part of a full sell down by cromwell of its 60. Investa listed funds management limited, the responsible entity of investa office fund asx. The funds objective is to provide a stable and optimal investment return. More than ever, businesses need places that work for them today and places which will continue to work for their unique and changing needs tomorrow.
Oxford investa property partners oipp is the owner of a portfolio of high quality commercial office assets managed by investa. Oxford properties acquires portfolio of australian office. Investa primarily invests in cbd office buildings across australia and is administered by its head office in sydney, new south wales. The investa office fund stock patterns are available in a variety of time frames for both long and short term investments. About investa were one of australias largest, most recognised commercial office real estate companies, committed to helping workplaces to thrive. Investa office fund iof said on monday it has given private equity firm blackstone four days to match a rival offer by canadas oxford properties group as the bidding war for the australian office owner comes to a head. Investa office fund iof was an asx listed real estate investment trust managed by investa that was delisted in december 2018. Macquarie wealth management investa office fund 20 august 2015 2 fig 1 fy15 in line with expectations the good the not so good the interesting fy16 ffo guidance on the light side.
Bluescope steel limited is an australian flat product steel producer with resources coming in from new zealand, pacific islands, north america, and asia. The deal includes office buildings in sydney, melbourne, brisbane, perth. Macquarie private wealth investa office fund 27 august 2012 2 fig 1 iof fy12 result delivers on earnings and gunning for growth the good the not so good the interesting fy12 result marginally ahead of forecast. Top 30 australian real estate investment trusts areits. Latest company dividends for investa office fund iof. This focus is a welcome change as compared to general history books that typically reduce the architects to a mere mention or footnote. At this time, bluescopes managing director and chief executive officer was kirby adams. We own, develop and manage office buildings in australias major business districts. We use cookies for a number of reasons, such as keeping ft sites reliable and secure, personalising content and ads, providing social media features and to analyse how our sites are used. Takeover target the investa office fund has turned in a healthy fullyear result on the back of the surging sydney office tower market but has warned that its funds from operations for this. Blackstones, is also slightly above the book value of the 20property portfolio, which.
Investa office fund is a real estate investment trust that derives its revenue from the provision of real estate investment services. Briefinvesta office fund announces distribution for six months ending 30 june 2017. This is marginally below our fy16 ffo forecast of 28. Investa office fund premium company report australia. Sep 05, 2018 canadas oxford properties is battling privateequity giant blackstone group for control of major australian office landlord investa as the canadian pension fund seeks commercial real estate in. Investa office fund warns of funds from operations fall. This is the historical insider ownership of investa office fund. Get the latest investa office fund stock price and detailed information including news. Aug 08, 2017 top 30 australian real estate investment trusts areits in 2017q3. The vote to approve the proposal was held on 31 may 2017. We use cookies for a number of reasons, such as keeping ft sites reliable and secure, personalising content and ads, providing social media features and.
Early in 2004, bluescope merged with the american firm butler manufacturing. Investa properties australian commercial real estate company. Top 30 australian real estate investment trusts areits in 2017q3. Ing office fund historical price data and iof charts. Stock investa office fund stock price today markets insider. Investa office funds distribution for six months 10. Investa office fund comprising armstrong jones office fund arsn 090 242 229 and prime credit property trust arsn 089 849 196 results for announcement to the market comparison to halfyear ended 31 december 2015 revenues from ordinary activities down 3. Iof historical information oipp investa property group investa. The funds focus for fy includes divesting of offshore interests, extending the diversity and tenor of debt, maintaining a disciplined approach to capital expenditure, and driving property returns through leveraging the investa platform. Investa office fund in offer to bidder cromwell property group.
Costa group is australias largest horticultural company and a major supplier of produce to food retailers in that country. Oxford, blackstone group draw battle lines over australian. In less than a year, the investment was in trouble. The panel has made a declaration of unacceptable circumstances annexure a and final orders annexure b on an application dated 21 march 2016 in relation to the affairs of investa office fund iof.
Iof, announced a proposal to acquire a 50% shareholding on a joint venture basis in investa office management pty limited. Investa office fund comprising armstrong jones office fund arsn 090 242 229 and prime credit property trust arsn 089 849 196. Investa office fund has shrugged off constant takeover speculation by posting a solid result, boosted by what are considered to be the best leasing market conditions ever experienced along the eastern seaboard. About investa money market fund investa money market fund is an openend fund incorporated in singapore. Money market fund a mutual fund with a larger portion of assets allocated in money market instruments.
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