News Articles

Property 02 Jul 2021

Acure sells Baldivis asset for $49m

Acure Asset Management has made a tidy sum after selling its large-format retail property in Baldivis for almost $20 million more than it paid in 2015.

Property 01 Dec 2017

Acure signs BP to regional truck stops

Angelo Del Borrello's property group Acure Asset Management has announced BP Australia as the new operator for its four regional roadhouse properties in WA, six months after the previous operator Outback Travel Centres was placed into administration.

Property 20 Jun 2017

Outback Trust investors face uncertainty

Perth entrepreneur Craig Mitchell and property funds manager Angelo Del Borrello are facing off over the future of four large roadhouses in northern WA, with the outcome having a big bearing on investors who pumped $22.5 million into four related property trusts.

Mining 22 Jul 2016

BHP closure creates Newman opportunity

Pilbara accommodation businesses run by one-time trucking boss Craig Mitchell and the Collinson family are set to be the winners from BHP Billiton's surprise decision to close Kurra Village in Newman, which at its peak houses up to 1,600 fly-in, fly-out workers

Property 20 May 2016

Investors target CBD offices

Interest in commercial property in Perth's CBD is on the rise, with interstate institutional groups and syndicators eyeing Perth as an alternative to crowded and competitive eastern states markets.

Government 25 Feb 2008

Aspen net profit up 63%, on track for stronger second half

Aspen Group Ltd has resported an underlying net profit after tax of $19 million for the half year, representing a 63 per cent increase on the corresponding period.

26 Feb 2007

Aspen half-year profit rockets to $55m

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.

13 Feb 2007

Discipline vital for Aspen's success

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.

16 May 2006

Aspen's Septimus Roe Square asset value grows $20m

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.

Property 13 Dec 2005

Aspen, Griffin in $94m deal

Listed property trust Aspen Group Ltd has bought the Dunsborough Lakes residential development from Ric Stowe's Griffin Group for $93.5 million.

News Articles for Angelo Del Borrello

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