Aspen Group is seeking to sell its $311 million commercial property portfolio, including the Septimus Roe office tower on Adelaide Terrace, as the developer and fund manager plans to build towards
Developer and fund manager Aspen Group has announced a $6.2 million writedown of its investment portfolio, driven by a drop in value of its workers accommodation village in Karratha.
Perth companies GR Engineering and Aspen Group have announced new leadership, with GR founder Joe Ricciardo moving into a new role and Aspen recruiting a former Valad Property Group executive.
Property developer and fund manager Aspen Group says its review of operations is on track despite the company recording a statutory loss of $18.3 million for the half-year to December 31.
FROM Subiaco in the west to Booragoon in the south and Innaloo in the north, more than a dozen mid-sized office developments are either under way or at an advanced stage of planning around Perth.
Aspen Group says it is planning to sell out of its residential and commercial development divisions as a result of an ongoing review of operations, while also unveiling a $101.4 million capital rai
Embattled developer and funds manager Aspen Group has painted a gloomy outlook for its residential and commercial property syndicates, after launching a strategic review in the wake of a near-$100
FRESH from the opening of a $70 million logistics base in Hazelmere, private Australian company Linfox is on the lookout for more land to support its growth.
Property developer and funds manager Aspen Group has borrowed $35 million from joint venture partner Telstra Super, in order to “undertake the realisation of value” from its interest in the under-c
Property developer and fund manager Aspen Group has revealed around $95 million in writedowns in its upcoming full-year results, but has reassured investors that its operating profit will only take
IT'S not the market overall, it's the particular company that you pick; that seems to be the message for investors looking to invest in listed property companies.
Developer and funds manager Aspen Group has reported a solid rise in interim profit, saying the company's strategy of re-weighting its portfolio towards Western Australia was proving sound.
Aspen Group founding chairman Reg Gillard will step down from the developer's board at its annual general meeting in November, to be replaced by non-executive director Frank Zipfinger.
Aspen Group says it is on a solid platform to pursue earnings growth underpinned by its investment property portfolio, after lodging a significant increase in profit over a particularly challenging
Developer Aspen Group says it has found a joint venture partner for the $190 million Australian Tax Office building in Adelaide, after finalising funding arrangements with Telstra Super.
AUSTRALIA'S listed property sector was savaged by the global financial crisis but Perth-based Aspen Group has battled more than punitive market conditions in the past year.
Developer Aspen Group has received a conditional offer for a $117 million finance facility required to acquire and develop the Australian Taxation Office Building in Adelaide.
Property developer Aspen Group has announced its unlisted syndicate, Aspen Parks Property Fund, has received credit approval for a $130 million debt facility with St George Bank.
The fallout from Entrust Funds Management's failed bid to oust the board of property developer Aspen Group has continued, with director Seng Fai Chan resigning today.
Entrust Funds Management has all but conceded defeat in its bid to roll the board of developer Aspen Group, after discussions with major institutional shareholders revealed a lack of support for the bid.
Perth-based developer Aspen Group has reported a drop in interim net profit after tax to $7.7 million, down from $13 million the previous half year on the back of asset revaluations.
Entrust Funds Management has called on Aspen Group to shed more light on its position in relation to a series of recommendations the group put to its shareholders earlier this week.
The three Aspen Group directors subject to a movement to remove them from the company's board have denied claims that the group had lost its way and had underperformed since jettisoning co-founder Angelo Del Borello in June last year.
