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Goodman Group Full Year to June Operating Profit Up 17%, Available Liquidity of A$3.1 Billion

August 17, 2023 – Goodman Group delivered full-year to June 30 operating profit of A$1.78 billion, up 17% on the year earlier period. Operating earnings per security (EPS) was 94.3 Australian cents, up 16% on the same period last year. Its gearing was at 8.3%, compared to 8.5% in FY22. The group also has available liquidity …

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HealthCo Gets Unitholder Approval On Healthscope Private Hospital Acquisition

June 23, 2023 – HealthCo said in a statement that it has received unitholder approval on three resolutions, paving the way for the REIT and a newly established Healthcare and Life Sciences Unlisted Fund to acquire 11 private hospitals leased to Healthscope, Australia’s second-largest private hospital operator, for A$1.2 billion. The first resolution is a special …

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Dexus Raises A$220 Million in New Equity For Its Healthcare Fund

July 24, 2023 – Dexus said it had successfully raised A$220 million for its healthcare real estate fund, Dexus Healthcare Property Fund (DHPF). DHPF’s equity raise was fully subscribed, with existing investors accounting for circa 65% of the new capital. The fund has a diversified register and has raised A$1.3 billion from 16 institutional investors …

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ESR-LOGOS REIT To Divest Seven Non-Core Assets Aggregating S$337 Million

Jan 24, 2023 – ESR- LOGOS REIT will divest seven non-core assets in Singapore and Australia for approximately S$337 million (excluding divestment costs and applicable goods and services tax). Earlier in the year, E-LOG completed a S$300 million equity fundraising and completed the divestment of 49 Pandan Road in Singapore. The proposed transactions will help to reduce …

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Frasers Logistics & Commercial Trust H1 To March DPU Down 8.6%, Sees Uncertain Outlook

May 13 – Frasers Logistics & Commercial Trust (FLCT) reported revenue of S$208.0 million and adjusted Net Property Income of S$155.9 million for the first half to March 2023, representing decreases of 11.7% and 13.4% respectively, from S$235.7 million and S$180.1 million in the corresponding financial period, its manager said in a statement. The year-on-year …

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