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Beloved Aussie chicken chain El Jannah acquired by US firm in billion-dollar deal
Investing
Beloved Aussie chicken chain El Jannah acquired by US firm in billion-dollar deal
Viral Aussie chicken sensation El Jannah has been reportedly sold off in a huge $1 billion deal that has shocked the nation.
Cromwell strikes $241m Brisbane property deal as it winds up flagship fund
Investing
Cromwell strikes $241m Brisbane property deal as it winds up flagship fund
Cromwell has dumped Brisbane office buildings for $241m after investor withdrawal requests topped 50 per cent in its flagship fund.
Realterm expands in western Sydney with $89m industrial property deal
Investing
Realterm expands in western Sydney with $89m industrial property deal
Global investment manager Realterm has bought two major industrial properties in Sydney’s west for $89m, strengthening its grip on the city’s tightly held southwest corridor.
Billionaire Chris Morris circles stalled Reef Casino deal after rival’s bid delayed
Investing
Billionaire Chris Morris circles stalled Reef Casino deal after rival’s bid delayed
Chris Morris eyes a second chance at acquiring the Reef Casino Trust in Cairns after regulatory investigations delays his rival’s takeover bid.
H&M global closures: What it means for Australia
Investing
H&M global closures: What it means for Australia
Iconic retailer H&M has announced it is closing 200 of its stores following a sudden retail fallout just before Christmas.
Developer proposes turning empty Sydney offices into seniors housing
Investing
Developer proposes turning empty Sydney offices into seniors housing
A Sydney office tower is set to be repurposed into apartments in a move that could become the norm amid high office vacancies.
Doors Plus unlocks $30 million selling half its stores
Investing
Doors Plus unlocks $30 million selling half its stores
Private high net worth investors have outbid institutions to buy almost half the stores in the Doors Plus network. The circa $30 million deal represents a major payday for the Tavner family, who founded the …
HMC Capital poised to take control of Brisbane’s Uptown for $400m revamp
Investing
HMC Capital poised to take control of Brisbane’s Uptown for $400m revamp
Brisbane’s retail landscape faces its biggest shake-up in decades as HMC Capital eyes the $200m purchase of the former Myer Centre ahead of the Olympics.
David Di Pilla sticks to his guns at fiery HMC Capital meeting
Investing
David Di Pilla sticks to his guns at fiery HMC Capital meeting
HMC Capital boss David Di Pilla has defended his expansion plans against shareholder pressure as the investment manager’s share price sits at $2.99, down from its $13 peak.
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