News

  • 22/12/2011AIMS Financial Group Celebrates 20 Years in Business
    A banquet in Sydney’s Chinatown on 11 November, 2011 attracted a number of the city’s investment banking fraternity. AIMS Financial Group was kicking up its heels to celebrate its 20th anniversary and to re-launch Asia Pacific Stock Exchange (APX), a subsidiary of AIMS. Attendees included Antony Green (Executive Director of Macquarie Capital Advisers), Craig Parker (Executive Director of Westpac Institutional Bank), Tim Church (Head of Real Estate Investment Banking of UBS), Chris Green (CEO of Corporate Trust Perpetual), Simon Vinson (Head of Asian Property & New Business Initiatives AMP Capital Investors), John Manning (President of CWH Trust), Phil Cheetham (Head of Real Estate, Investment Banking, Citibank) and Paul Masi (CEO of Austock). Over 300 people attended the function.
  • 29/07/2011AIMS AMP Capital Industrial REIT Ventures into Green Field Development
    On 26 July, Singapore-based AIMS AMP Capital Industrial REIT (AIMSAMPIReit, Ba2 stable) said it intends to redevelop 20 Gul Way, an industrial property in Jurong Industrial Estate, Singapore, into a five storey ramp up warehouse facility.
  • 29/07/2011S&P report—AIMS AMP Capital Industrial REIT
    • AIMS’ 1QFY12 (Mar) results were within our expectations, with its 1QFY12 net property income (+22% YoY) accounting for 24% of our original FY12 forecast.
    • AIMS has proposed to redevelop 20 Gul Way to a 5-story ramp up warehouse with a Gross Floor Area (GFA) of 1.16 mln sq ft and an expected annual rental income of SGD16.3 mln vs. current annual rental income of SGD3.6 mln.
    • AIMS is also proposing a placement of SGD2.5 mln worth of new units to CWT Ltd at market price (which would be equivalent to about 0.5% of units in issue at the current market price).
  • 28/07/2011AIMS AMP Capital Industrial REIT- Asset transformation to prove highly accretive
    • Redevelopment of 20 Gul Way announced on 26 Jul 11
    • AAREIT will be building a five storey ramp-up warehouse in two phases, maximising permissible GFA at the site and tripling existing GFA
    • Yield on cost of c.8%, expected +10% accretion to DPU in FY14E
    • Upgrade price target by +13% to SGD0.26/unit
    • Reiterate OUTPERFORM 
  • 26/07/2011AIMS AMP Capital Industrial REIT announces significant redevelopment of 20 Gul Way, Singapore
    AIMS AMP Capital Industrial REIT Management Limited as Manager of AIMS AMP Capital Industrial REIT (AIMSAMPIREIT or the Trust) is pleased to announce the significant redevelopment of 20 Gul Way, Singapore. The Manager has negotiated vacant possession of the site with the existing occupier allowing for a comprehensive redevelopment of the site including the construction of a five storey ramp up warehouse. The new warehouse will be constructed in two phases, and is targeted for completion by December 2013.
  • 24/03/2011AIMS Financial Services in the running for a buy
    AIMS Financial Services has been offered a rash of potential property acquisitions as it hunts for investments for its US partner, estimating that about $5 billion of Australian office buildings, shopping centres and industrial sheds had come across its desk since late last year.
  • 14/02/2011AIMS AMP REIT to expand footprint in Singapore; eyes properties in China
    Nicholas McGrath, CEO of AIMS AMP Capital Industrial REIT (AA REIT), is expecting a jam-packed schedule this year and next. The 38-year-old, along with the industrial property trust’s two Australia-based sponsors – AIMS Financial Group and AMP Capital Investors – plans to add properties to other geographical markets to the REIT and expand its footprint in Singapore. The strategy, while not dissimilar to that of many other SGX-listed property trusts, shows that the Singapore-focused REIT is resolved to move on after a painful saga just a couple of years ago that almost made it bankrupt.
  • 02/12/2010AIMS eyeing landmark deal
    AIMS Financial Group is in talks to acquire an office tower in Sydney's central business district from Investa Property Group and one of its managed funds for about $190 million. The acquisitive group is believed to be keen to pickup 320 Pitt Street as its first major play on behalf of US property funds manager REIT Management & Research LLC (RMR).
  • 05/11/2010Australian investor to develop eco-city in Tianjin, China
    An Australian investor is searching for partners who’ll help build an “eco-city” in northeastern China, including a retirement community and several golf courses. George Wang, the principal of AIMS Financial Group, wants to build his mini-city on 988 acres of municipally owned property near Tianjin, China’s sixth-largest city (population: nearly 12 million). The investment appears to be a safe bet. Last year, Tianjin’s economy reportedly grew by 16.5 percent.
  • 25/10/2010Americans unveil $1bn growth plan
    Having finalized the takeover of the small listed MacarthurCook Industrial Trust last month, the US-based CommonWealth REIT has an ambitious plan to grow a portfolio of up to $1 billion in the next 12 months.
  • 21/10/2010AIMS, RMR in $1bn plan
    Giant US property funds manager REIT Management & Research LLC is planning to build a portfolio of up to $US 1 billion in Australia as a platform for growth into Asia.
  • 17/09/2010MacarthurCook dynamics change in stake sale
    A new player has emerged in CommonWealth REIT’s bid for MacarthurCook Industrial Property Fund, after MacarthurCook Property Securities Fund sold down its stake in the company.
  • 17/09/2010Results Of Extraordinary General Meeting Held On 13 September 2010
    Extraordinary General Meeting of unitholders of AIMSAMPIREIT (“Unitholders”) held at 2 p.m. on 13 September 2010, the resolution set out in the Notice of Extraordinary General Meeting of AIMSAMPIREIT dated 24 August 2010 was duly passed
  • 24/08/2010AIMS AMP plans S$79 million rights issue
    SINGAPORE) AIMS AMP Capital Industrial REIT (AIMSAMPIREIT) is looking to acquire a ramp-up warehouse and logistics facility for $161 million, which will be partially funded through a rights issue.
  • 23/08/2010AIMS AMP plans purchase of warehouse for S$161m
    Singapore-listed AIMS AMP Capital Industrial REIT has proposed to buy a warehouse in Singapore for S$161 million.
  • 23/08/2010Singapore's AIMS AMP to buy property for S$161 million
    SINGAPORE Aug 23 (Reuters) -Singapore's AIMS AMP Capital Industrial REIT (AART.SI) said on Monday it plans to buy a property, which includes a warehouse and logistics facility, in the city-state for S$161 million ($118.8 million).
  • 14/07/2010AA REIT bides time on China deals,white knight George Wang builds asset pipeline
    George Wang got a much warmer reception from shareholders of AIMS AMP Capital Industrial REIT (AA REIT) during its annual general meeting last week than he did last November.
  • 07/07/2010AMP in Deal for Orchard Asset
    AMP Capital Investors has reaffirmed its plans to push into Asian property markets. The group is focusing on the mature markets of Singapore and Japan.
  • 06/07/2010AIMS to set up Reit with Hainan Devt, Guangdong Finance Trust
    AIMS Financial Group said on Friday that it has signed the cooperation memorandum with Hainan Development Holdings Limited and Guangdong Finance Trust Limited to establish a property fund trust.
  • 21/05/2010China eco-city deal clinched: eco-tourism city
    SYDNEY-BASED Australian-Chinese entrepreneur George Wang has secured an agreement with the Tianjin municipal government to develop a $700 million "eco-tourism city" in a staged development in China.
  • 14/05/2010BETA: Labor Connect: Agreement with Melbourne’s sister city in China shows trade diversity
    Mr Crean attended the signing of a Memorandum of Understanding between an Australian financial services company and the Ji County of Tianjin Municipality to jointly develop a sustainable tourism township.
  • 13/05/2010John Snowden plans China push
    JOHN Snowden is looking to China to grow the offshore funds of AIMS Financial Group.Mr Snowden is the newly appointed global property securities head at the Sydney-based group.
  • 13/05/2010Us Group's deal a launch pad into Asia
    HRPT’s bid for an Australian property fund will be the American company’s initial expansion into the growth it sees in the Asia Pacific region.
  • 06/05/2010Press Release - AIMS FINANCIAL GROUP & MACARTHURCOOK ANNOUNCES NEW HEAD OF GLOBAL PROPERTY SECURITIES
    AIMS Financial Group and MacarthurCook today announced John Snowden as its Head of Global Property Securities.
  • 28/04/2010AIMS: A Good Way in Acquisition During The Financial Crisis
    When most international institutional investors’ confidence has been dented by the spread of the global financial crisis, there are two successive acquisitions in Australia shocked the entire capital market. The first one was one of the three major Australian stock exchanges changed hands. The other one was listed property fund management company MacarthurCook----an enterprise ranked by the Australian magazine “Business Week" as the fastest growing businesses for four consecutive year --- had been coercively took over. Unveiling the mysteries of these two acquisitions, a large Australian financial group controlled by Chinese gets attention from the world.
  • 03/12/2009Tianjin to emerge as the 'Wall Street' of Beijing
    SYDNEY - China's third largest city, Tianjin, has been annointed to spearhead China's development of tertiary industries notably logistics, shipping and financial services. As one of only four cities with a direct reporting channel to the Beijing leadership, Tianjin has been chosen as the third growth hub for China.
  • 02/12/2009George Wang plans to build new funds business in Singapore, refocuses MI-REIT
    Less than 24 hours before, Wang, Bundy and McGrath had faced dozens of angry investors in the financially troubled MI-REIT, who were trying to shoot down their plan to recapitalise it by, among other things, selling shares to new investors at a steep discount.
  • 25/11/2009MI-Reit moves ahead with its plans
    With the dust finally settling after the tumultuous past few weeks, the folks behind MacarthurCook Industrial Reit (MI-Reit) are understandably keen to leave the past behind them.
  • 25/11/2009MI-REIT gets its way after sound and fury
    MacarthurCook Industrial Reit (MI-REIT) hired pistol-toting security guards to keep the peace at an acrimonious meeting of unitholders yesterday – but other than the customary dash for the buffet line, no violence broke out.
  • 23/11/2009MacarthurCook Industrial REIT Requests NAB Disclosures-Filing
    Singapore-listed MacarthurCook Industrial REIT Ltd. (BU5U.SG) has requested two National Australia Bank Ltd. (NAB.AU) investment managers disclose whether they used information gained from the bank in its capacity as a financier and equity adviser to the REIT to help Cambridge Industrial Trust Ltd. (J91U.SG) launch a hostile takeover bid for the REIT's management earlier this month.
  • 23/11/2009MAS blocks bid by CIT to manage MI-Reit
    THE battle for control of MacArthurCook Industrial Reit (MI-Reit) appears to be over after the Monetary Authority of Singapore (MAS) blocked a rival from managing MI-Reit because of a potential conflict of interest.
  • 23/11/2009Battle of the REITs: CIT squares up to MI-REIT
    Just when it thought it had bridged a S$300m (US$216m) funding gap and ensured its survival, MacarthurCook Industrial REIT faces the prospect that its proposed recapitalisation plan could be derailed by a rival trust.However, it emerged late last week that this was not possible for regulatory reasons. A spokesman from the Monetary Authority of Singapore said: “REIT managers are required to conduct their business in such a manner as to avoid conflicts of interests. This would include any potential conflicts arising from the competing interests of unitholders in different REITs.”
  • 23/11/2009Can this man Save MI-REIT?
    Investors are baulking at MacathurCook Industrial REIT's turnaround plan. George Wang wants to win them over before they vote on Monday. Cover story tells you how the China-born entrepreneur plans to get the troubled REIT growing again.
  • 23/11/2009Did Cambridge Industrial Trust look before it leaped?
    It is becoming increasingly apparent that Cambridge industrial Trust (CIT) made a grave miscalculation in its pursuit of its rival, MacarthurCook Industrial REIT (Ml-REIT). On Nov 6, CIT spent some $10 million to acquire a 9.78% stake in MI-REIT, triggering speculation in the market that it was preparing for some kind of merger or acquisition that would significantly increase its size and heft. Ml-REIT had announced a recapitalisation plan that same day, which had its own shareholders up in arms because of the massive dilution they would suffer. So, it seemed entirely possible that CIT might succeed in winning widespread support from MI-REIT investors if it came up with a more palatable alternative for them.
  • 16/11/2009AMP Capital Investors buys strategic stake in Singapore REIT
    AMP Capital Investors has become a partner of the Sydney-based AIMS Financial Group in Singapore by taking a strategic stake in a listed trust and its management company.
  • 16/11/2009Big recapitalisation exercise at MI-Reit
    MACARTHURCOOK Industrial Reit (MI-Reit) has announced a slew of measures to recapitalise and refinance its debts and contractual obligations.
  • 11/11/2009MI-Reit signs AMP Capital as co-sponsor, seeks new capital
    MacarthurCook Industrial Reit raises $155.5 million in new capital, including a $15.8 million investment by AMP and a $111 million rights issue. Separately, AMP Capital hires Anthony Fasso to head its international business.
  • 21/09/2009Big names clash in fascinating tussle for midget
    The battle for control of the tiny MacarthurCook Industrial Property Fund is heating up, with the intriguing possibility that some big names will end week wearing some egg.Sydney-based boutique Real Estate Capital Partner is angling for the management of the listed fund, with chief executive Andrew Saunders leading a team that includes former investment banker and New City head Tony Dixon and former Investec Bank executive Tamara Williams.
  • 10/09/2009AIMS to delist MacarthurCook from ASX
    —Acquires remaining stake

    Article From: Investor Daily
    AIMS proceeds with compulsory acquisition of remaining MacarthurCook shares and will delist it from the ASX.
  • 17/07/2009AIMS set for China's first listed property venture
    Article from: The Australian
    SYDNEY'S AIMS Financial Group, which is in the process of taking over fund manager MacarthurCook, has positioned itself to launch China's first listed property trust.
  • 15/07/2009Aims owns approximately 68% of all the ordinary shares in MacarthurCook Limited
    AIMS Securities Holding Pty Ltd a wholly owned subsidiary of AIMS Financial Group now owns approximately 68% of all the ordinary shares in MacarthurCook Limited at 43 cents per security as at July 15 2009.
  • 13/07/2009MacarthurCook agrees to AIMS takeover
    Article From: Investor Daily
    AIMS Securities has won the approval of MacarthurCook's board to take over the company after it raised its bid and promised to retain the property fund manager's staff.
  • 09/07/2009Aims takes the group's holding in Marcarthur Cook to about 48 percent
    Article From:The Australia Financial Review
    The financial crisis has caused valuations on property fund management business to drop to low single digits versus price-earnings multiples of up to 30 times during the height of the boom.
  • 09/07/2009Takeover target MacarthurCook to raise $200m
    Article From: The Australia Financial Review
    MacarthurCook flagged plans to raise about $200 million of new funds yesterday as acquirer AIMS Financial Group edges closer to gaining control of the ailing fund manager.
  • 30/06/2009AIMS Securities sweetens its MacarthurCook bid
    Article From: The Australian
    AIMS Securities Holdings yesterday increased its bid for MacarthurCook within hours of the Melbourne property fund manager rejecting its original offer of 30c per share.
  • 25/06/2009AIMS and The Tianjin Government Form Strategic Alliance
    AIMS Financial Group (AIMS) and its subisidiary Asia Pacific Exchange (APX) have signed a co-operative agreement with Tianjin Municipal People’s Government in China to open the way for Chinese enterprises to invest and list overseas.
  • 22/06/2009MacarthurCook Key Shareholder Makes Bid for Company
    Article From:AAP Finance News Wire
    SYDNEY, May 15 AAP - MacarthurCook Ltd says major shareholder AIMS Financial Group has made an offer for the investment manager that values it at $8.07 million.
  • 20/06/2009Vulture fund sets its sights on Chinese
    Acticle From: The Australian
    THE first of the vulture funds are emerging, with a Sydney-based manager planning to launch a $75 million "opportunistic" trust aimed at Chinese investors.
  • 20/06/2009AIMS bids for MacarthurCook
    Article From: Sydney Morning Herald
    Sydney-based AIMS Financial Group this morning launched an off-market takeover offer for shares in property funds manager MacarthurCook, which controls about $1.3 billion of real estate in Australian and Asia through a network of managed funds.
  • 18/06/2009AIMS makes offer for MacarthurCook shares
    Article From: Money Management
    AIMS Securities Holdings is planning to make an off-market takeover offer for all the shares of MacarthurCook.
  • 18/06/2009AIMS bids for all of MacarthurCook
    Acticle From: The Australian
    THE Melbourne-based property fund manager MacarthurCook yesterday received its second takeover bid in 12 months.
  • 28/05/2009Macarthur Cook/AIMS Securities Holdings
    Listed property funds manager Macarthur Cook is contemplating a 30¢-a-share offer from AIMS Securities Holdings. AIMS has a 19.97% stake in Macarthur Cook and emerged as the single-largest shareholder in April when it acquired a 15.79% from Ascalon Capital Managers at 10¢ a security.
  • 22/05/2009AIMS has sights set firmly on expansion
    Article From:Australia Financial Review
    While tight credit markets have forced most non-bank financial institutions on to the sidelines, one Australia group that has close ties to China is laying down aggressive expansion plans.
  • 14/08/2008PM Kevin Rudd witnessing AIMS Bei Da Joint Venture
    AIMS Financial Group, one of the premier non-bank financial institution in Australia, today enter into an agreement with its Chinese partner Beijing University as well as Sino Bioway Group to establish a Biotechnology Fund in China. PM Kevin Rudd, who is in China For 2008 Beijing Olympics games also attended signing ceremony.
  • 13/02/2007AIMS Renews Its Sponsorship of the Financial Services Institute of Australasia's Top Mortgage Students
    AIMS Home Loans, a multi-awarded lender and one of the first non-bank mortgage managers in Australia, has extended its two-year sponsorship of the Financial Services Institute of Australasia’s (FINSIA) top mortgage students for a second period in a row, until 2008.
  • 12/01/2006AIMS turns Christmas cruise party into a fundraiser for World Vision kids
    The management and staff of AIMS Financial Group celebrated Christmas 2005 with a Cruise Party on 13 December 2005, with the spirit of giving to the needy amidst the celebrations kept alive throughout the evening.
  • 20/12/2005AIMS reaches out to over 45,000 special kids across Sydney
    AIMS Home Loans is once again bringing Christmas cheer to thousands of special and underprivileged children across Sydney and country NSW, helping make them and their families feel loved and cared for during the holiday season.
  • 10/10/2005AIMS spearheads Securitisation Forum in China
    The AIMS Financial Group is holding a Finance Securitisation Forum covering all aspects of the mortgage-backed securitisation process as part of the annual China Hi-Tech Fair in Shenzhen, China from 11-13 October 2005.
  • 18/07/2005AIMS successfully completes $400 M RMBS bond deal
    18 July 2005 – AIMS Home Loans has completed its $400 million Residential Mortgage-Backed Securities (RMBS) bond issue launched in late June, receiving a very warm response from the domestic and offshore investor markets including China, Singapore and Hongkong.
  • 10/06/2005AIMS launches fourth domestic RMBS bond deal
    10 June 2005 – AIMS Home Loans today announced the launch of its fourth Residential Mortgage-Backed Securities (RMBS) bond issue, amounting to $400 million. The bond issue has one senior tranche totaling $387.2 million, which is rated ‘AAA’ by Standard and Poors and Fitch Ratings. The subordinated B tranche of $12.8 million is rated ‘AA’.
  • 04/04/2005AIMS sponsors prize for top mortgage student of the Securities Institute
    AIMS Home Loans recently presented a sponsorship award to Alexandra Frantseva for winning the NSW/ ACT AIMS Home Loans Prize for Mortgage Credit Analysis (DML 4). Mortgage Credit Analysis is a subject being offered at the Securities Institute of Australia, leading to a Diploma of Mortgage Lending.
  • 23/12/2004AIMS brings Christmas cheer to 5,000 special kids
    Self employed borrowers, especially those who have just started their business or other income generating activity, normally find it difficult to provide up-to-date financial statements when they apply for a loan.
  • 28/05/2004Paul Reiffel returns home to support local community finance
    Paul Reiffel, former Australian Test Cricketer and Victorian Cricket Captain stole the show at the opening of local community financial services centre, AIMS Home Loans in Ashwood on Friday May 28th.
  • 25/05/2004Paul Reiffel, former Australian Test Cricketer Delivers One for AIMS
    Paul Reiffel, former Australian Test Cricketer and Victorian cricket captain will be the Guest of Honour at the launch party for Local Community Financial Services Centre, AIMS Home Loans in the Melbourne suburb of Ashwood this Friday 28th May 2004.
  • 28/04/2004AIMS Launches AIMS Advantage Credit Card
    AIMS Home Loans announces the launch of the AIMS Advantage Credit Card today. The introduction of the new American Express Card is AIMS?latest program to enhance their ever-evolving product offering.
  • 11/03/2004The Hon. Alan Cadman MP joins in AIMS' community spirit
    AIMS Home Loans is opening its sixth local community financial services centre in Castle Hill, Sydney this month. The Hon. Alan Cadman MP, Member for Mitchell is anonoured to be the special Guest of Honour at the VIP launch event to be held next week.
  • 04/02/2004The Hon. Peter Slipper MP Gets Behind the Sunshine Coast Local Community Financial Services Centre
    AIMS Home Loans on the Sunshine Coast will be one of the first AIMS branches to open its doors in Queensland particularly focused on bringing financial services back to the community. The new office located in Mooloolaba will start business in February, with the official VIP launch party scheduled for 13th February 2004.
  • 28/01/2004Ben Ikin Supports Gold Coast Local Community Financial Services Centre
    Ben Ikin of Brisbane Bronco's fame will be the Guest of Honour at the opening of Gold Coast's local community financial services centre, AIMS Home Loans.
  • 04/08/2003Bringing Financial Services Back to the Community
    AIMS Home Loans announces their plan to launch a unique community-focused Agency Network today. AIMS are scheduled to open 50 new branches in just under 24 months. These branches will be located nationally.
  • 02/05/2003Launch of AIMS Money Market Following Company Boom
    AIMS Home Loans announce the official launch of their commercial finance arm, AIMS Money Market (AMM), and their goal to become a diversified one-stop lending shop.

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