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Precision Group
Precision Group is an Australian private property investment and management company based in Sydney. Founded in the 1990s by Shaun Bonétt, it owns property in Australia and New Zealand. History Precision Group was founded in 1994 by Shaun Bonett. Bonett originally worked closely with Ross Makris, who owned a separate company of a similar name. It made its first major acquisition in 1998 with Port Canal Shopping Centre along with the adjacent Customs House office building in Port Adelaide, South Australia from a syndicate managed by Babcock & Brown. In 1999, Precision then acquired Adelaide Central Plaza as a development project for $85 million from David Jones Limited, which was completed in 2000. In 2006 Precision acquired MacArthur Central in Brisbane via a property swap transaction with Investa Property Group. The total value of the swap transaction was $186 million. Following the Global Financial Crisis in 2009, Precision refinanced over $250 million of its loan fac ...
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Castlereagh Street, Sydney
Castlereagh Street is a major street located in the Sydney central business district in New South Wales, Australia. The street runs in a north-to-south, in a one way direction only. Description Castlereagh Street's northern terminus is at the junction of Hunter Street, with its southern terminus at the junction with Hay Street, near Belmore Park. The street is one-way southbound to motorised traffic, with a bicycle path running in both directions from Liverpool Street to Hay Street. At its northern end near Martin Place, the street is lined by many of Sydney's most expensive boutiques and jewellery stores, such as Chanel, Gucci, Cartier, Bvlgari, Dior, Prada, Van Cleef & Arpels, Ermenegildo Zegna, Omega and Mont Blanc. Etymology Previously Chapel Row and Camden Street, Castlereagh Street was named by Governor Macquarie in 1810 in honour of Viscount Castlereagh, the Secretary of State for the Colonies. At the time the street included what is now known as Loftus Street, n ...
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Global Financial Crisis In 2009
On the evening of January 18, the Danish Parliament agreed to a financial package worth 100 billion Danish kroner (17.6 billion USD). In response, markets panicked yet again. On January 22, the editorial board of ''The Christian Science Monitor'' wrote that the four largest U.S. banks "have lost half of their value since January 2." The two-month period from January 1-February 27 represented the worst start to a year in the history of the S&P 500 with a drop in value of 18.62%. By March 2, the Dow Jones Industrial Average Index had dropped more than 50% from its October 2007 peak. The decline has been compared to that of the 1929 Great Depression, which was 53% between September 1929 and March 1931. On March 6, the Bank of England announced up to 150 billion pounds of quantitative easing, increasing the risk of inflation. In March 2009, Blackstone Group CEO Stephen Schwarzman said that up to 45% of global wealth had been destroyed by the global financial crisis. By March 9, 20 ...
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Shopping Center Management Firms
Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, that is, those who enjoy shopping and view it as a leisure activity.Jones, C. and Spang, R., "Sans Culottes, Sans Café, Sans Tabac: Shifting Realms of Luxury and Necessity in Eighteenth-Century France," Chapter 2 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999; Berg, M., "New Commodities, Luxuries and Their Consumers in Nineteenth-Century England," Chapter 3 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999 Online shopping has become a major disruptor in the retail industry as consumers can now search for product ...
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Real Estate Companies Of Australia
Real may refer to: Currencies * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Music Albums * ''Real'' (L'Arc-en-Ciel album) (2000) * ''Real'' (Bright album) (2010) * ''Real'' (Belinda Carlisle album) (1993) * ''Real'' (Gorgon City EP) (2013) * ''Real'' (IU EP) (2010) * ''Real'' (Ivy Queen album) (2004) * ''Real'' (Mika Nakashima album) (2013) * ''Real'' (Ednita Nazario album) (2007) * ''Real'' (Jodie Resther album), a 2000 album by Jodie Resther * ''Real'' (Michael Sweet album) (1995) * ''Real'' (The Word Alive album) (2014) * ''Real'', a 2002 album by Israel Houghton recording as Israel & New Breed Songs * "Real" (Goo Goo Dolls song) (2008) * "Real" (Gorgon City song) (2013) * "Real" (Plumb song) (2004) * "Real" (Vivid song) (2012) * "Real" (James Wesley song) (2010) * "Real", a song by Kendrick Lamar from '' Good Kid, M.A.A.D City'' * "Real", a song by NF from ''Therapy Session'' * ...
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Unicorn (finance)
In business, a unicorn is a privately held startup company valued at over US$1 billion. The term was first published in 2013, coined by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures. CB Insights identified 1,170 unicorns worldwide . Unicorns with over $10 billion in valuation have been designated as "decacorn" companies. For private companies valued over $100 billion, the terms "centicorn", "hectocorn", and "super-unicorn" have been used. The term "kilocorn" has been used for companies valued at $1 trillion, of which Apple was the first. History Aileen Lee originated the term "unicorn" in a 2013 ''TechCrunch'' article, "Welcome To The Unicorn Club: Learning from Billion-Dollar Startups". At the time, 39 companies were identified as unicorns. In a different study done by ''Harvard Business Review'', it was determined that startups founded between 2012 and 2015 were growing in valuation twice as f ...
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New Zealand Herald
''The New Zealand Herald'' is a daily newspaper published in Auckland, New Zealand, owned by New Zealand Media and Entertainment, and considered a newspaper of record for New Zealand. It has the largest newspaper circulation of all newspapers in New Zealand, peaking at over 200,000 copies in 2006, although circulation of the daily ''Herald'' had declined to 100,073 copies on average by September 2019. Its main circulation area is the Auckland region. It is also delivered to much of the upper North Island including Northland, Waikato and King Country. History ''The New Zealand Herald'' was founded by William Chisholm Wilson, and first published on 13 November 1863. Wilson had been a partner with John Williamson in the ''New Zealander'', but left to start a rival daily newspaper as he saw a business opportunity with Auckland's rapidly growing population. He had also split with Williamson because Wilson supported the war against the Māori (which the ''Herald'' termed "th ...
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New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 List of islands of New Zealand, smaller islands. It is the List of island countries, sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's Capital of New Zealand, capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. ...
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Auckland
Auckland (pronounced ) ( mi, Tāmaki Makaurau) is a large metropolitan city in the North Island of New Zealand. The most populous urban area in the country and the fifth largest city in Oceania, Auckland has an urban population of about It is located in the greater Auckland Region—the area governed by Auckland Council—which includes outlying rural areas and the islands of the Hauraki Gulf, and which has a total population of . While Europeans continue to make up the plurality of Auckland's population, the city became multicultural and cosmopolitan in the late-20th century, with Asians accounting for 31% of the city's population in 2018. Auckland has the fourth largest foreign-born population in the world, with 39% of its residents born overseas. With its large population of Pasifika New Zealanders, the city is also home to the biggest ethnic Polynesian population in the world. The Māori-language name for Auckland is ', meaning "Tāmaki desired by many", in ref ...
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Shore City Shopping Centre
Shore City Shopping Centre is an enclosed shopping centre in the North Shore suburb of Takapuna, Auckland, New Zealand established in 1974. It was previously owned by Westfield Group and is now owned and managed by Precision Group. The mall is situated near Takapuna Beach. Shopping centre Spread over an area of 1.26 hectares close to the Auckland CBD, the mall has a gross leasable area of . Refurbished in 2010, it was sold by Westfield Group in 2012 to Aviva Investors Asia Pacific Property Fund, a part of Aviva, a global insurance company. In 2016 the shopping centre was sold to Precision Group as Aviva was folding up its global property fund and Shore City was one of its last assets. The shopping centre has a total of 73 tenancies. The shopping mall has a multistorey car park A multistorey car park ( British and Singapore English) or parking garage (American English), also called a multistory, parking building, parking structure, parkade (mainly Canadian), parking ra ...
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The Australian Financial Review
''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New South Wales, Australia; owned by Nine Entertainment and has been published continuously since its founding in 1951. The ''AFR'', along with the rest of Fairfax Media (aside from some publications which were sold to Australian Community Media), was sold to Nine Entertainment for more than A$2.3 billion.Mergermarket - An Acuris company. (n.d''.). Fairfax Media Limited Nine Entertainment Co. Holdings Ltd Merger.'' Retrieved from www.mergermarket.com/Common/Mergermarket/Deals/DealDetails.aspx?dealsysid=933952&extern=19&id=239512&contextid=1018456074&zone=205¤cyCode=AUD The ''AFR'' is published in tabloid format six times a week, whilst providing 24/7 online coverage through its website. In November 2019, the ''AFR'' reached 2.647 millio ...
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Surfers Paradise
Surfing is a surface water sport in which an individual, a surfer (or two in tandem surfing), uses a board to ride on the forward section, or face, of a moving wave of water, which usually carries the surfer towards the shore. Waves suitable for surfing are primarily found on ocean shores, but can also be found in standing waves in the open ocean, in lakes, in rivers in the form of a tidal bore, or in wave pools. The term ''surfing'' refers to a person riding a wave using a board, regardless of the stance. There are several types of boards. The Moche of Peru would often surf on reed craft, while the native peoples of the Pacific surfed waves on alaia, paipo, and other such water craft. Ancient cultures often surfed on their belly and knees, while the modern-day definition of surfing most often refers to a surfer riding a wave standing on a surfboard; this is also referred to as stand-up surfing. Another prominent form of surfing is body boarding, where a surfer rides th ...
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Chevron Renaissance
Chevron Renaissance is a $400 million development on the Gold Coast, Queensland, Australia comprising 713 individually owned residential lots located above the Chevron Renaissance Shopping Centre. The onsite management of Chevron Renaissance residential lots is managed by Accor under the brand name of Mantra Towers of Chevron, previously The Towers of Chevron Renaissance. Chevron Renaissance is on the site of the old Chevron Hotel in Surfers Paradise. The Chevron Renaissance commercial development occupies the block of land extending from the Gold Coast Highway in the east to Ferny Avenue in the west and from Circle on Cavill in the south halfway towards Cavill Avenue and Elkhorn Avenue in the north. Construction of the complex commenced in November 1999, was completed in December 2004 and opened in March 2005 by Queensland Premier Peter Beattie. History The first part of the Chevron was a temporary public bar that opened in June 1957. In August 1957 the upstairs Skyline Cab ...
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