Author: Jordan

As institutional funds renew their interest in the recovering office market, investment manager Centuria Capital has snapped up a half interest in Sydney’s World Square office block in a $454 million deal that has won the backing of Japanese investors.The stake was bought from Canadian giant Brookfield and Centuria, an ASX-listed fund manager, said it had bought the office buildings at 680 George and 50 Goulburn streets at 60 per cent their estimated replacement value.Loading… Source link

Keith SonderlingPresident Donald Trump nominated Acting Secretary of Labor Keith Sonderling to permanently head the Department of Labor via a social media post on Monday.Sonderling took charge of the Department of Labor in April after former Secretary of Labor Lori Chavez-DeRemer resigned following a shaky tenure at the department. Sonderling needs Senate approval to remain in the post permanently, and his nomination will proceed through the Senate Committee on Health, Education, Labor and Pensions.For more stories like this, sign up for the PLANADVISERdash daily newsletter.  Prior to becoming acting secretary, Sonderling served as deputy secretary of labor after being confirmed by…

While the new Flex Plus Mortgage option entails higher rates and is restricted to those 70 and over, its biggest selling point is a loan-to-value (LTV) of up to 59%. That’s the highest published LTV in Canada for a reverse mortgage.That’s more than Equitable’s existing products, and also higher than the 55% published maximum LTV of HomeEquity Bank’s CHIP Max. Although, HomeEquity Bank (Equitable Bank’s archrival) does go above 55%. It just doesn’t publish it, so you have to ask.Equitable’s added four percentage points amounts to about $28,000 on Canada’s average home value. That extra cash can be appealing to…

Mortgage Intelligence has added Afin Bank to its lender panel, providing network advisers with access to the bank’s mortgage proposition. Afin offers residential and buy-to-let mortgages to customers who may struggle to secure finance from mainstream lenders because of their circumstances, such as the self-employed and contract workers, people with complex incomes, high-net-worth customers and foreign nationals with a UK work visa. Afin assesses each borrower’s financial situation and individually underwrites every mortgage.  Graham Wood, head of products and partnerships at Mortgage Intelligence, said: “We’re pleased to welcome Afin Bank to the Mortgage Intelligence lender panel. As the…

IHG has launched a free UK debit card in partnership with digital bank Revolut in a bid to “bring maximum value to everyday spend” for its loyalty scheme members.   The initiative offers a two-tiered loyalty scheme. The entry tier offers users a no-annual fee debit card which will earn one point for every pound spend across IHG’s 7,000 hotels and resorts, and half a point for all other transactions.   Points can be redeemed on future IHG visits, with perks provided for accumulated point including room upgrades, early check-in, reward night discounts and more.   The second tier of…

SINGAPORE – Be wary of purchasing World Cup tickets or official merchandise from ticketing sites that require payment in cryptocurrencies.Scammers have been creating World Cup-themed ticketing sites that offer “exclusive” tickets and directing victims to pay using cryptocurrencies such as Bitcoin or USDT, the police said in an advisory on July 1.After victims make payment, the tickets or merchandise is never delivered. The fraudulent websites are then taken down, making it difficult for victims to recover their funds.The police added that they have also observed scam variants involving fake “official World Cup tokens” or fan coins fraudulently marketed as official…

South Korea’s $1.3 trillion public fund giants on hunt for new CIOs South Korea’s major pension, sovereign wealth and mutual aid funds, which together manage about 2,000 trillion won ($1.3 trillion), are searching for new investment chiefs, setting up a leadership reset at some of the country’s most influential institutional investors.The incoming Source link

REMAX Australia hosts its annual Platinum Plus Forum for top-performing agents in Queenstown, New Zealand. Image: supplied. Queenstown was centre stage for REMAX Australia’s elite at the network’s annual Platinum Plus Forum last week. The three-day event provided an opportunity for top-performing sales agents to come together for curated professional development designed to educate, stimulate and inspire. Managing Director Joel Davoren said the annual event is tailored exclusively for REMAX high achievers, providing a mix of industry insights, strategic discussion and social networking opportunities. Welcoming guests to an intimate sit-down dinner, Mr Davoren greeted the 60-strong group to “one of…

Mark Schoenberg, Chief Medical Officer of UroGen Pharma Ltd. (URGN +2.02%), reported the sale of 10,000 shares of common stock in an open-market transaction on June 22, 2026, according to a SEC Form 4 filing.Transaction summaryMetricValueShares sold (direct)10,000Transaction value$350,100Post-transaction shares (direct)129,763Post-transaction value (direct ownership)~$4.54 millionTransaction value based on SEC Form 4 weighted average purchase price ($35.01); post-transaction value based on June 22, 2026, market close ($34.99).Key questionsHow does this sale compare to Schoenberg’s historical trading activity?The 10,000-share sale is in line with his typical open-market trade size, with recent sell-only trades averaging around 9,000 shares; this transaction falls within his…

Jul 1, 2026 Nordic biomethane producer St1 Biokraft has signed an agreement to acquire Danish Bio Commodities (DBC), adding more than 350 GWh of production capacity and around 900 GWh in the development pipeline as it enters one of Europe’s most established biomethane markets.The deal includes four wholly owned production assets and a 25% stake in a fifth, alongside a six-project greenfield development pipeline. DBC also brings commercial capabilities in biomass sourcing, certificate trading and technical services.Miika Johansson, chief executive of St1 Biokraft, said the acquisition marked an important step in building the company into the leading biomethane producer in…