Business
Companies
Office lease lures surge to entice tenants
Office tenants are being offered higher incentives for leases in an effort to get them back to the CBD.
- by Carolyn Cummins
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Afterpay Holdings
Sell now, worry later: Afterpay founders cash in on 600pc bounce
Under normal circumstances, executives offloading stock is a red flag for investors who would wonder why they should pump money into a stock which insiders are selling.
- by Elizabeth Knight
Commercial real estate
College snaps up 7-level office in $19m deal
Australia’s college for obstetricians and gynaecologists will move to new headquarters near St Kilda Road after spending more than $19 million for new offices.
- by Simon Johanson
Commercial real estate
Lendlease downgraded, Mirvac upgraded as COVID divides property sector
Lendlease has been downgraded to neutral by property analysts because of concerns about the ongoing impact of the global pandemic on the construction and development sectors.
- by Carolyn Cummins
Commercial real estate
Dexus expands logistics footprint with $173.5m deal
Dexus has continued with its plan to increase exposure to the booming logistics sector with the acquisitions of two large sites in Sydney and Melbourne.
- by Carolyn Cummins
Commercial real estate
Shops sell strongly despite pandemic uncertainty
An “entry-level” investment shop at 310 Stephensons Road, Mount Waverley, sold for $1,115,000 on a 3.9 per cent yield.
- by Simon Johanson
Aviation
Court documents challenge 'watertight' Virgin sale to Bain
Deloitte has cast doubt on whether its sale of the airline to Bain is as watertight as originally presented, with court documents revealing the deal is conditional and could still be terminated.
- by Patrick Hatch
Regulation
Companies must clearly spell out COVID impacts, regulator warns
The corporate regulator has put the hard word on company directors to clearly disclose to investors all positive or negative effects of the COVID-19 pandemic.
- by Dominic Powell
Opinion
Accounting
Will Wirecard's collapse lead to big changes for the accounting profession?
The collapse of payments giant Wirecard has shone a spotlight on auditors and their role in uncovering elaborate and difficult-to-detect accounting frauds.
- by Stephen Bartholomeusz
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Retail
Afterpay founders in $250m sell-off as company announces $1b capital raise
Anthony Eisen and Nicholas Molnar are selling $250m in shares as the company looks to speed up its global expansion after the pandemic delivers a sales surge.
- by Dominic Powell
Coronavirus pandemic
Wall Street firms scored emergency government loans amid pandemic
Some investment firms, including those that run hedge funds or manage money for wealthy investors, are among the businesses approved for emergency US government loans.
- by Lawrence Delevingne