Inactive Instrument

Primewest Group Limited

Equities

PWG

AU0000062283

Investment Management & Fund Operators

Primewest Group Limited and a fund advised by BlackRock Real Assets agreed to acquire Perth office tower from AMP Capital Diversified Property Fund, a fund managed by AMP Capital Investors Limited.

April 26, 2021

Primewest Group Limited (ASX:PWG) and a fund advised by BlackRock Real Assets agreed to acquire Perth office tower from AMP Capital Diversified Property Fund, a fund managed by AMP Capital Investors Limited, on April 27, 2021. IPE Real Assets understands the sale price was AUD 255 million, which was “above the valuation” for the asset on the balance sheet of ADPF. Primewest will provide project services, property management and leasing services to the joint venture, together with a co-investment stake consistent with other institutional real estate mandates.

The settlement of transaction is anticipated in late June 2021.

Latest news about Primewest Group Limited

Vantage Property Investments Pty Ltd acquired Inner-city heritage office building in Brisbane from Primewest Group Limited for AUD 28.7 million.	22-09-08	CI
Primewest Group Limited acquired Portfolio of Six Accolade Vineyards in South Australia from Accolade Wines Australia Limited.	22-08-28	CI
Shopping Centres Australasia Property Group entered into agreements to acquire Convenience-Based Retail Portfolio from Primewest Group Limited for AUD 180 million.	22-06-19	CI
Primewest Group Limited and a fund advised by BlackRock Real Assets completed the acquisition of Perth office tower from AMP Capital Diversified Property Fund, a fund managed by AMP Capital Investors Limited.	22-04-26	CI
Primewest Group Limited acquired The Northgate Geraldton Shopping Centre from Lendlease Sub-Regional Retail Fund, a fund of Lend Lease Investment Management for AUD 71.2 million.	21-10-10	CI
Primewest Agricultural Trust No 2, managed by Primewest Group Limited acquired Moora at Hillston from Harvard University Endowment Fund, managed by Harvard Management Company, Inc. for AUD 53.9 million.	21-07-06	CI
Primewest Group Limited(ASX:PWG) dropped from S&P/ASX All Ordinaries Index	21-06-24	CI
Centuria Capital Group completed the acquisition of Primewest Group Limited from John Bond, David Schwartz, Jim Litison and others.	21-06-16	CI
Centuria Capital : Takeover Bid for Primewest Becomes Unconditional	21-05-25	MT
Primewest : Declares Final Payout for Fiscal H2	21-05-14	MT
Primewest Group Limited Announces Dividend on PWG - FULLY PAID ORDINARY/UNITS STAPLED SECURITIES for the Period of Six Months Ending June 30, 2021, Payable on July 30, 2021	21-05-13	CI
Primewest : Forms JV with BlackRock to Buy Perth, Australia Building from AMP Fund	21-04-27	MT
Primewest Group Limited and Blackrock Real Assets Launch First Joint Venture	21-04-26	CI
Primewest Group Limited and a fund advised by BlackRock Real Assets agreed to acquire Perth office tower from AMP Capital Diversified Property Fund, a fund managed by AMP Capital Investors Limited.	21-04-26	CI
Centuria Capital : to Merge With Primewest	21-04-19	MT
Centuria Capital : Australia's Centuria Capital to buy Primewest for $462 mln	21-04-18	RE
Centuria Capital Group entered into a Bid Implementation Deed to acquire Primewest Group Limited from John Bond, David Schwartz, Jim Litison and others for approximately AUD 600 million.	21-04-18	CI
Primewest Group Limited acquired Robina Home + Life complex from QIC Limited for AUD 66 million.	21-03-31	CI
Primewest Group Limited Reports Consolidated Earnings Results for the Half-Year Ended 31 December 2020	21-02-19	CI
Primewest : Acquires Asset Management Rights for Two Assets Worth $70 Million	20-12-23	MT
Primewest Group Limited Declares Distribution, Payable on February 11, 2021	20-12-17	CI
Primewest Diversified Income Trust No4 managed by Primewest Group Limited acquired Melbourne Square Shopping Centre from Yarra Park City Pty. Ltd. for AUD 70 million.	20-12-08	CI
Primewest Group Limited acquired 226 Adelaide Terrace from The Blackstone Group Inc. (NYSE:BX) for AUD 86 million.	20-10-22	CI
Primewest Diversified Income Trust No4, managed by Primewest Group Limited agreed to acquire Tamworth Lifestyle Centre for AUD 15.1 million.	20-10-08	CI
Primewest Group Limited Reports Earnings Results for the Year 2020	20-08-27	CI

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Company Profile

Primewest Group Limited is an Australia-based holding company. The Company is engaged in real estate funds management businesses. It manages a range of unlisted property syndicates and funds. The Company operates in the real estate funds management sector. The Company involves sourcing, acquiring, managing and disposing of real estate assets. It has investments in various asset classes, including Commercial, which includes office property; Large format retail, which includes bulky goods retail; Convenience, which includes shopping centers and convenience retail property; Industrial, which includes distribution facilities, warehousing and other industrial properties, and Other, which includes land and tourism property.

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