Mirvac wins battle to control AMP fund
AMP’s hope of a clean exit from its Collimate Capital business has come unstuck after Mirvac won control of its flagship $7.7bn wholesale office fund.
Mirvac Group
ASX jumps 1.2pc on tech; Mirvac seizes AMP fund
ASX hits three-week high after a strong rally. Suncorp rallies on ANZ banking buy, Mirvac seizes AMP office fund, Whitehaven soars on profit beat and Nuix dives on update.
AMP office fund rivals swap debt claims
As the battle for the $7.5bn AMP office fund comes down to the wire, Dexus has won key consents from lenders and financiers to take control of the flagship vehicle.
AMP office fund vote delayed amid Dexus, Mirvac battle
The company’s key office fund vote has been delayed as Dexus and Mirvac tussle for control of the $7.5bn vehicle.
AMP in last-ditch bid to save office fund deal
AMP has made an eleventh-hour pitch with a fee waiver to convince investors in its $7.5bn wholesale office fund to side with its preferred manager, Dexus, over rival Mirvac.
AMP Capital office vehicle loses its fund manager
Investors in the $8bn AWOF are to vote on whether to hand control to Dexus or property rival Mirvac on July 15.
Travelodge checkout stalled as Mirvac says time to go
A move by listed company Mirvac and its NSW motoring organisation partner NRMA to rid themselves of a $620m hotel portfolio investment is proving troublesome.
Mirvac offers multimillion-dollar package for doomed Toombul traders
Property giant Mirvac has announced a multimillion-dollar support package, including a cash payout equivalent to three months’ rent, for retailers hit by the closure of the flood-damaged Toombul Shopping Centre.
‘Disgusting’: Toombul tenants not given a cent by property giant
Mirvac has been accused of “unscrupulous and disgusting” behaviour after refusing to pay a cent of compensation to debt-laden tenants of shuttered Toombul Shopping Centre.
‘Three hours to get out’: Westfield Chermside’s parking hell after Toombul closure
Toombul Shopping Centre’s shock closure took away 1700 car parks and the fallout is creating a “parking nightmare” at nearby centres, especially Westfield Chermside
Investors call for vote on AMP fund sale
The battle for AMP’s real estate assets will go to a vote that could see Mirvac take control of the key office fund away from Dexus.
‘In mourning’: Retailers face ruin in shock Toombul closure
Tenants of the flood-ravaged Toombul Shopping Centre have described its permanent closure as ‘mourning a death in the family’ as they face the prospect of losing millions.
‘Right call’: ‘Traumatised’ Toombul retailer backs permanent closure
Retailers reeling after Mirvac announced flood-stricken Toombul Shopping Centre would be permanently shut have backed the decision, saying it was the “right call”.
Fate of Toombul Shopping Centre set to be decided
Amid fears flood-damaged Toombul Shopping Centre may be razed to make way for high-rise housing, it’s understood owner Mirvac’s board is set to make a decision. VOTE IN OUR POLL
AMP’s property suitors need to prove they have a plan
The battle between Mirvac and Dexus to take control of AMP Capital’s prized real estate assets will come down to who has a better strategy to navigate a changed market.
AMP Capital fund to assess Mirvac’s offer
The wholesale office fund has told investors an independent committee is assessing the management takeover proposal.
Mirvac sales rates slow as focus switches to funds play
Momentum in Mirvac’s luxury apartment unit has slowed, even as it is launching new projects.
AMP funds platform sale faces challenge from Mirvac
The impending sale of the $31bn local property and infrastructure unit risks being complicated by the renewed tussle for the platform’s prized office fund, with assets of some $8bn.
Mirvac calls for workplace rethink
The property developer has called for an overhaul of ‘outdated’ metrics defining office spaces, as hybrid work styles become the norm in the wake of the pandemic.
Mirvac tops global ranks in gender equality
The property developer has managed to hold its gender pay gap at zero for the past six years.
Original URL: https://www.theaustralian.com.au/topics/mirvac-group/page/5