Propertylink Group Rejects Non-binding, Conditional Proposal from Centuria

Propertylink Group (ASX:PLG) (Propertylink or the Group) announces that on 22 September 2017 it received an unsolicited, indicative, conditional and non-binding proposal from Centuria Capital Group (ASX:CNI) (CNI) and Centuria Property Funds No. 2 Limited as Responsible Entity of Centuria … Continue reading Propertylink Group Rejects Non-binding, Conditional Proposal from Centuria

Charter Hall acquires $197m Campbelltown Mall for new partnership

Charter Hall Group (ASX:CHC) (the Group) has created a new wholesale property partnership for retail shopping centre assets, by co-investing with one of Australia’s largest super funds MTAA Super, who were advised by JGS Property, to acquire Campbelltown Mall in … Continue reading Charter Hall acquires $197m Campbelltown Mall for new partnership

Lendlease has delivered a big, 30 per cent jump in operating EBITDA

Profit after Tax of $698.2 million, up 13 per cent and earnings per stapled security of 120.1 cents, up 12 per cent Final distribution of 30.0 cents per stapled security, taking the full year distribution to 60.0 cents per stapled … Continue reading Lendlease has delivered a big, 30 per cent jump in operating EBITDA

Villa World said net profit for the year to June rose 31.5 per cent to $33.7 million

  Queensland planning authorities approved 23,685 detached houses in the year – the most since October 2010 – while Victorian approvals hit a five-year high of 35,890. Revenue (Source – Company Reports) As banks tighten loans to overseas buyers and try to reduce … Continue reading Villa World said net profit for the year to June rose 31.5 per cent to $33.7 million