June 2021
Centuria raises army of unlisted investors with Primewest takeover
With 90 per cent or more accepting its takeover bid for Primewest at $1.51 per share, ASX-listed Centuria, led by John McBain and Jason Huljich, can now compulsorily acquire the remainder.
- Nick Lenaghan
April 2021
Macquarie back on top in Vitalharvest takeover tussle
It is the seventh time that Macquarie has bounced back to better Roc Partners in a drawn-out battle for control of Vitalharvest.
- Nick Lenaghan
Centuria to merge with Primewest in $600m deal
Listed investment platform Centuria Capital has struck a $600 million deal to merge with Perth-based Primewest, to create a $15.5 billion property fund management platform.
- Nick Lenaghan
Primewest boosts rural fund with $40m in deals as IPO beckons
Primewest has said it is looking to grow the fund’s portfolio to around $350 million before floating on the ASX.
- Nick Lenaghan
- Exclusive
- Rural property
Primewest adds Rolf Binder vineyards to farmland trust
The 101 hectares of vineyards will be leased back to Carlyle Group-owned Accolade Wines, which bought Rolf Binder Wines in March.
- Larry Schlesinger
- Exclusive
- Commercial real estate
AMP to exit Perth tower and 111 years of history for $260m
AMP is set to offload its prized Perth office tower at 140 St Georges Terrace, a site it has owned since 1910, to generate cash for investments and redemptions.
- Martin Kelly
March 2021
- Exclusive
- Retail property
Primewest snaps up Gold Coast homemaker centre from QIC
The homemaker centre anchored by The Good Guys and Nick Scali sold on a 6 per cent yield on a fully let basis.
- Larry Schlesinger
January 2021
Primewest eyes float of $350m farmland trust
Primewest is targeting $350 million of intensive farming assets for its unlisted agricultural trust with a float penciled in once it has achieved sufficient scale.
- Larry Schlesinger
Primewest in $55m raising to help new income, agriculture funds
ASX-listed real estate manager Primewest is seeking to raise $55 million via stockbrokers Moelis and Euroz Hartleys on Thursday.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Buy, hold, sell: Fund managers' No.1 stock picks for 2021
Small caps have been the right place to be for the past few years. Livewire Markets asks fund manager for their top picks for the year ahead.
December 2020
Primewest snaps up new Woolies mall for $70m
The two-level shopping centre is the fourth asset acquired by Primewest's Daily Needs Trust, which invests on behalf of Singapore's sovereign wealth fund GIC.
- Larry Schlesinger
September 2020
Happy harvests for leased agricultural assets
The yield premium on agribusiness assets, except cropping and grazing land, is around 100 to 150 basis points higher over the longer term than the average prime yields in office, retail and industrial.
- Nick Lenaghan
Institutions outmuscle private investors for neighbourhood malls
Of the five supermarket-anchored retail centres to have sold since the onset of the pandemic, four were bought by major ASX-listed property players.
- Larry Schlesinger
August 2020
Primewest to turn berry and citrus trust into long WALE agri REIT
Primewest's acquisition strategy will focus on other "intensive farming" horticultural assets such as avocados, almonds and tomatoes.
- Larry Schlesinger
Primewest bags $22m distribution centre in Adelaide
The Perth-based investor has continued its spree of property acquisitions.
- Ingrid Fuary-Wagner