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Centro Properties Group
Vicinity Centres , previously known as Federation Centres and Centro Properties Group, is an Australian Real Estate Investment Trust specialising in the ownership and management of Australian shopping centres. As at December 2021, it had stakes in 60 shopping centres. It is headquartered at Chadstone Shopping Centre in Melbourne. History Vicinity Limited was established by diversified property construction Jennings Industries on 18 February 1985 as Jennings Properties, and listed on the Australian Securities Exchange. In January 1991, it was renamed Centro Properties. In September 1997, Centro was restructured to become a stapled security structure named Centro Properties Group. Centro was a stapled security comprising one unit in Centro Property Trust (CPT) stapled to one share in Centro Properties Limited (CPL). CPT is the owner of Centro's interests in the properties and CPL, along with its subsidiaries, provides management services to CPT. In September 1999, Centr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canberra Times
''The Canberra Times'' is a daily newspaper in Canberra, Australia, which is published by Australian Community Media. It was founded in 1926, and has changed ownership and format several times. History ''The Canberra Times'' was launched in 1926 by Thomas Shakespeare along with his oldest son Arthur Shakespeare and two younger sons Christopher and James. The newspaper's headquarters were originally located in the Civic retail precinct, in Cooyong Street and Mort Street, in blocks bought by Thomas Shakespeare in the first sale of Canberra leases in 1924. The newspaper's first issue was published on 3 September 1926. It was the second paper to be printed in the city, the first being '' The Federal Capital Pioneer''. Between September 1926 and February 1928, the newspaper was a weekly issue. The first daily issue was 28 February 1928. In June 1956, ''The Canberra Times'' converted from broadsheet to tabloid format. Arthur Shakespeare sold the paper to John Fairfax ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Court Of Australia
The Federal Court of Australia is an Australian superior court which has jurisdiction to deal with most civil disputes governed by federal law (with the exception of family law matters), along with some summary (less serious) and indictable (more serious) Criminal law, criminal matters. Cases are heard at first instance mostly by single judges. In cases of importance, a full court comprising three judges can be convened upon determination by the Chief Justice. The Court also has Appellate court, appellate jurisdiction, which is mostly exercised by a Full Court comprising three judges (although sometimes by a panel of five judges and sometimes by a single judge), the only avenue of appeal from which lies to the High Court of Australia. In the Australian court hierarchy, the Federal Court occupies a position equivalent to the supreme courts of each of the states and territories. In relation to the other courts in the federal stream, it is superior to the Federal Circuit and Family ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Sydney Morning Herald
''The Sydney Morning Herald'' (''SMH'') is a daily Tabloid (newspaper format), tabloid newspaper published in Sydney, Australia, and owned by Nine Entertainment. Founded in 1831 as the ''Sydney Herald'', the ''Herald'' is the oldest continuously published newspaper in Australia and claims to be the most widely read masthead in the country. It is considered a newspaper of record for Australia. The newspaper is published in Compact (newspaper), compact print form from Monday to Saturday as ''The Sydney Morning Herald'' and on Sunday as its sister newspaper, ''The Sun-Herald'' and digitally as an Website, online site and Mobile app, app, seven days a week. The print edition of ''The Sydney Morning Herald'' is available for purchase from many retail outlets throughout the Sydney metropolitan area, most parts of regional New South Wales, the Australian Capital Territory and South East Queensland. Overview ''The Sydney Morning Herald'' publishes a variety of supplements, including ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PM (Australian Radio Program)
''PM'' is one of the Australian Broadcasting Corporation's flagship current affairs radio programs. It is also one of Australia's longest-running productions, having been first aired on 7 July 1969. It is the sister program to ''AM (radio program), AM''. As of 2025 it is hosted by Samantha Donovan and broadcast on both Radio National and ABC Local Radio. History and timeslots ''PM'' was first broadcast in 1969 for what were then ABC Radio 1 and Radio 3 (now ABC Local Radio). Launched on 7 July 1969, two years after its sister program ''AM'', with both names created by ABC general manager Talbot Duckmanton. It originally aired every weekday at 6:10 pm (after the 6:00 pm news bulletin), becoming a popular afternoon radio current affairs program. ''PM'' was later introduced to ABC Radio 2 (now ABC Radio National) with a new early edition at 5:10 pm after the 5:00 pm news. ''PM'' was originally 20 minutes long before expansion to 50 minutes in 1987. In 2018 it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Crunch
A credit crunch (a credit squeeze, credit tightening or credit crisis) is a sudden reduction in the general availability of loans (or credit) or a sudden tightening of the conditions required to obtain a loan from banks. A credit crunch generally involves a reduction in the availability of credit independent of a rise in official interest rates. In such situations the relationship between credit availability and interest rates changes. Credit becomes less available at any given official interest rate, or there ceases to be a clear relationship between interest rates and credit availability (i.e. credit rationing occurs). Many times, a credit crunch is accompanied by a flight to quality by lenders and investors, as they seek less risky investments (often at the expense of small to medium size enterprises). Causes A credit crunch is often caused by a sustained period of careless and inappropriate lending which results in losses for lending institutions and investors in debt when th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Australian
''The Australian'', with its Saturday edition ''The Weekend Australian'', is a broadsheet daily newspaper published by News Corp Australia since 14 July 1964. As the only Australian daily newspaper distributed nationally, its readership of both print and online editions was 2,394,000. Its editorial line has been self-described over time as centre-right. Mitchell, Chris (9 March 2006)The Media Report. Australian Broadcasting Company. Parent companies ''The Australian'' is published by News Corp Australia, an asset of News Corp, which also owns the sole daily newspapers in Brisbane, Adelaide, Hobart, and Darwin, and the most circulated metropolitan daily newspapers in Sydney and Melbourne. News Corp's chairman and founder is Rupert Murdoch. ''The Australian'' integrates content from overseas newspapers owned by News Corp Australia's international parent News Corp, including ''The Wall Street Journal'' and ''The Times'' of London. History The first edition of ''Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Age
''The Age'' is a daily newspaper in Melbourne, Australia, that has been published since 1854. Owned and published by Nine Entertainment, ''The Age'' primarily serves Victoria (Australia), Victoria, but copies also sell in Tasmania, the Australian Capital Territory and border regions of South Australia and southern New South Wales. It is delivered both in print and digital formats. The newspaper shares some articles with its sister paper ''The Sydney Morning Herald''. ''The Age'' is considered a newspaper of record for Australia, and has variously been known for its investigative reporting, with its journalists having won dozens of Walkley Awards, Australia's most prestigious journalism prize. , ''The Age'' had a monthly readership of 5.4 million. , this had fallen to 4.55 million. History Foundation ''The Age'' was founded by three Melbourne businessmen: brothers John and Henry Cooke (who had arrived from New Zealand in the 1840s) and Walter Powell. The first editi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bond Market
The bond market (also debt market or credit market) is a financial market in which participants can issue new debt, known as the primary market, or buy and sell debt security (finance), securities, known as the secondary market. This is usually in the form of bond (finance), bonds, but it may include notes, bills, and so on for public and private expenditures. The bond market has largely been dominated by the United States, which accounts for about 39% of the market. In 2021, the size of the bond market (total debt outstanding) was estimated to be $119 Trillion (short scale), trillion worldwide and $46 trillion for the US market, according to the Securities Industry and Financial Markets Association (SIFMA). Bonds and bank loans form what is known as the ''credit market''. The global credit market in aggregate is about three times the size of the global equity market. Bank loans are not securities under the U.S. Securities and Exchange Act, but bonds typically are and are therefore ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2007 Subprime Mortgage Financial Crisis
The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010, contributing to the 2008 financial crisis. It led to a severe economic recession, with millions becoming unemployed and many businesses going bankrupt. The U.S. government intervened with a series of measures to stabilize the financial system, including the Troubled Asset Relief Program (TARP) and the American Recovery and Reinvestment Act (ARRA). The collapse of the United States housing bubble and high interest rates led to unprecedented numbers of borrowers missing mortgage repayments and becoming delinquent. This ultimately led to mass foreclosures and the devaluation of housing-related securities. The housing bubble preceding the crisis was financed with mortgage-backed securities (MBSes) and collateralized debt obligations (CDOs), which initially offered higher interest rates (i.e. better returns) than government securities, along with attractive risk ratings ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blackstone Inc
Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of May 2024, Blackstone has more than $1 trillion in total assets under management, making it the world's largest alternative investment firm. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with (equivalent to $million in ) in seed capital. The founders derived their firm's name from their names: "Schwarz" is German for "bl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brixmor Property Group
Brixmor Property Group is a publicly traded real estate investment trust that invests in shopping centers. As of December 31, 2022, the company owned 373 shopping centers containing 66 million square feet of retail space. The company's largest markets are Florida (13.5% of revenues), California (11.4% of revenues), and Texas (11.2% of revenues). The company's largest tenants are TJX Companies (3.4% of revenues), Kroger (2.4% of revenues), and Burlington (1.9% of revenues). History In late 2003, Centro Properties Group, an Australian shopping center firm, and American-based Watt Commercial Realty formed Centro Watt, a joint venture, and acquired 14 shopping centers in California for $488 million. In 2005, Centro acquired Kramont Reality Trust for $1.2 billion. In May 2006, Sydney-based Westfield Group sold seven shopping centers to Centro Watt. In 2007, Centro acquired Watt Companies' ownership stake, ending the joint venture, and renamed the company Centro Properties Group US. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
