Perth-based property developer Aspen Group Ltd has raised $54.5 million through a securities issue, which closed today with 95 per cent of the issue accepted.
Perth-based property developer Aspen Group Ltd has announced a 621 per cent increase in net profit for the first half of the financial year, making $55.1 million.
Perth-based property developer Aspen Group Ltd has secured development rights at a Newcastle, NSW residential land subdivision, triggring a $76.6 million loan to the land's existing owners.
Property investment and management group Aspen last week secured the biggest deal in its five-year history, taking its funds under management to more than $1 billion.
Property company Aspen Group Ltd has announced a $54 million capital raising and the establishment of a new investment fund after closing the purchase of Futuris Corporation's $239 million property arm.
Perth-based residential property investment company Aspen Group announced today it would launch two syndicates for residential land subdivision projects in Queensland and Western Australia.
Aspen Group has joined the chorus of listed property investment and funds management groups to post strong profit results, this week announcing its net profit increased 248 per cent this financial year to $34.5 million.
Perth-based property firm Aspen Group Ltd has announced a 248 per cent net profit increase to $34.5 million, after attaining significant revaluation gains from its balance sheet portfolio.
An independent valuation of Perth-based property firm Aspen Group's Dunsborough Lakes Estate by CB Richard Ellis has put the property at a value of $118.9 million, up from the purchase price of $93.7 million in October last year.
Aspen Group has updated the offer document for stapled securities in its Aspen Parks Property Fund following a 0.76 cent tweak in the applications price from $1.2349 to $1.2425.
Coming out of yesterday's trading halt, Perth-based property developer Aspen Group Ltd has announced that it has raised $50 million via a conditional placement of shares within the institutional sector.
Perth based property developer Aspen Group has provided an updated full year earnings forecast for the 2006 financial year and has announced an increased distribution rate for the June quarter.
Perth-based property developer Aspen Group has reported a further increase of $8.93 million in the total asset value of its portfolio, following an independent valuation of four of its properties.
PERTH-BASED property developer Aspen Group has announced that the carrying value of its Perth CBD office property, Septimus Roe Square, on Adelaide Terrace, has increased $20 million, to $50.2 million
Perth-based property developer Aspen Group has announced that the carrying value of its Perth CBD office property, Septimus Roe Square, has increased $20 million, to $50.2 million.
Perth property group Aspen Group has achieved a significant milestone for the company, announcing it is to be included in the S&P/ASX All Ordinaries index from the close of trade today, March 17 2006.
Perth-based Aspen Group Ltd has posted a net profit after tax of $7.63 million for the half year, an increase of 154 per cent on the corresponding period last year.
AN entity of Entrust Funds Management has taken an $8 million stake in the Aspen Group's recently acquired Dunsborough Lakes Project, joining the Wyllie Group and Aspen in each holding a 20 per cent s
Perth-based property investor Aspen Group has raised $22 million from placements with insitutional shareholders to fund new acquisitions as it forecast an improvement in earnings for the current financial year.
Listed property trust Aspen Group Ltd is set to go to the market for fresh funding following confirmation of its $93.5 million purchase of the Dunsborough Lakes residential development from Ric Stowe's Griffin Group.
There has been a marked increase in activity in Western Australia's historically under-represented listed property trust sector during the past 12 months, thanks in no small part to the activities of a growing local player.
WESTERN Australian property investor Aspen Group Ltd has bought a Sydney office property for $31 million, a price slightly above its stated $5 million to $30 million range, as it seeks grow its Aspen
Western Australian property investor Aspen Group Ltd has purchased a Sydney office property for $31 million, a price slightly above its stated $5 million to $30 million range as it seeks grow its fund by $250 million.
Aspen Group Ltd 23-Sep-05 Challenger Financial Services Group Ltd increased its relevant interest from 45,530 845 ordinary shares (8.80%) to 78,314,449 ordinary shares (10.88%).
THE Aspen Group has announced encouraging results of a revaluation of its holiday park properties, acquired by the Aspen Parks Property Fund last year.
Listed Western Australian company Aspen Group has announced that its entitlement issue, which opened on January 4, closed as scheduled on January 21 with acceptances totalling 80.
FINANCIAL Resources bought the remaining 50 per cent of Aspen Group's capital in joint venture debenture issuing vehicle Aspen Financial Resources Limited for $150,000.
LISTED Western Australian property group Aspen has announced its intention to acquire an office building site on St Kilda Road in Melbourne for $25 million.
The acquisition would bring Aspen's total property assets to $155 million, with the office sector
