Edition:
United States

APN Property Group Ltd (APD.AX)

APD.AX on Australia Stock Exchange

0.41AUD
30 Mar 2017
Change (% chg)

$-0.01 (-2.38%)
Prev Close
$0.42
Open
$0.41
Day's High
$0.42
Day's Low
$0.41
Volume
10,638
Avg. Vol
233,290
52-wk High
$0.64
52-wk Low
$0.35

Latest Key Developments (Source: Significant Developments)

APN Property response to media speculation in relation to potential fund opportunity
Tuesday, 30 Aug 2016 08:00pm EDT 

APN Property Group Ltd : Response to media speculation . While discussions are continuing with puma energy, there can be no certainty that this fund opportunity will proceed . Notes recent media speculation in relation to potential fund opportunity . Says media speculation involving puma energy's Australian petrol stations and the APN Property plus portfolio fund .  Full Article

APN Property updates on sale of property at premium to book value and fund update
Thursday, 11 Aug 2016 03:45am EDT 

APN Property Group Ltd : Sale of property at premium to book value and fund update . Deal for for $4.85 million . Sale price reflects a premium of 9.6% to apn's July 2015 purchase price of $4.425 million . Net sale proceeds will be applied to reduce debt in the first instance . Masters nowra currently being marketed for sale while hungry jack's nowra and shell service centre nowra expected to be marketed for sale in coming months .  Full Article

APN Property Group sells interests in healthcare REIT platform
Sunday, 26 Jun 2016 07:00pm EDT 

APN Property Group Ltd : Sale of healthcare interests to Northwest . Deal for $58.5 million . Sells interests in its healthcare real estate investment management platform to Northwest Healthcare Properties REIT .  Full Article

APN Property Group updates on acquisition of retail property for new fund
Wednesday, 15 Jul 2015 06:39pm EDT 

APN Property Group:Acquisition of retail property for new fund.Exchanged contracts to secure its second convenience retail property for launch of its proposed new convenience retail property fund.Says in aggregate the completion value of these two properties is approximately $37 million.Says new fund is expected to be launched in August this year.  Full Article

APN Property Group Ltd announces completion of placement and institutional entitlement offer
Tuesday, 28 Apr 2015 07:55pm EDT 

APN Property Group Ltd:Says completion of fully underwritten placement and institutional component of entitlement offer announced on April 28.Under placement and institutional entitlement offer, $17.9 million was raised at an issue price of $0.37 per share, resulting in 48.4 million new shares being issued.Shares issued under placement and institutional entitlement offer will rank equally with existing fully paid ordinary shares, with allotment and trading of new shares expected to take place on May 8.  Full Article

APN Property Group Ltd raises FY 2015 earnings guidance; launches fully underwritten $30.0 million capital raise
Monday, 27 Apr 2015 09:20pm EDT 

APN Property Group Ltd:Says that forecast operating earnings after tax guidance has been upgraded from 2.30 - 2.50 to 2.49 – 2.63 cents per share for FY 2015.Announces fully underwritten $30 million equity raising at $0.37 per new share (offer price).Equity raising comprises: placement to institutional and sophisticated investors to raise about $13.6 million.And; an accelerated, pro-rata non-renounceable entitlement issue to eligible institutional and retail shareholders of one new share for every five shares currently held by shareholders to raise about $16.4 million (entitlement offer).  Full Article

More From Around the Web