Property
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Property
Metlifecare attracts 'credible' bidder after biggest trading day in 2 1/2 years
Metlifecare has suspended its share buyback programme as it considers a "credible" suitor who's lobbed in a sub-par conditional offer.Yesterday, the company's shares had their busiest trading day in more than two-and-a-half years. The retirement village operator and developer had...
Property
Investore to raise $80m to buy property portfolio
Investore Property is seeking money from investors so it can fund the $140.8 million purchase of three big retail stores from its manager Stride Property. Stride spun out Investore in 2016 and retains a 20 percent stake in the specialist retail property owner which it continue...
Property
Arvida on track as first-half profit climbs 47%
Arvida Group, the retirement village and aged care facilities operator, said it expects earnings momentum to continue after first-half profit rose by 47.4 percent, buoyed by increased property valuations. Net profit after tax rose to $45 million in the six months ended Sept....
Property
Kiwi Property eyes apartments, funds management
Kiwi Property Group is investigating ways of branching out from its core business, including moving into funds management, as Stride Property has done, and building apartment complexes to rent.Over the last year or so, Kiwi has refined its strategy to operating and intensifying m...
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