Property investment company Aspen Group has announced a senior management and board shake-up, while seeking to gain more value from its Western Australian assets.
Aspen Group has moved to fend off Discovery Holiday Parks' attempt to acquire its unlisted holiday and accommodation parks investment fund, and has also rejected a $62 million offer from the would-
Aspen Group has sold a portion of its last remaining non-core asset, announcing a $35 million transaction today for part of its Spearwood Industrial Estate.
Aspen Group has taken an interim net loss of $18.2 million, largely on the back of reduced utilisation of its resources-exposed accommodation assets in the north of the state, offsetting a strong p
Aspen Group has just one major asset remaining in its commercial property portfolio, after completing the sale of its Noble Park warehouse property in Victoria for $20.8 million.
Aspen Group's Aspen Parks Property Fund has unveiled plans to tap the market for nearly $40 million, in the wake of the developer and funds manager lodging a statutory loss of $81.8 million.
Aspen Group has made more progress in selling off its commercial portfolio, offloading its highest value asset - the Septimus Roe office tower on Adelaide Terrace - to Singaporean development giant
Developer and fund manager Aspen Group has continued selling its non-core assets, offloading its 50 per cent stake in Adelaide's Australian Taxation Office building as well as its interest in the a
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.
