Latest Investment Trusts News

360 Capital Group is conducting due diligence on acquiring a $69 million Sydney apartment complex, planning a capital raise to co-invest alongside its listed REIT.

TT Investments has launched an unconditional off-market takeover offer for all remaining securities in 360 Capital Group at $0.31 per security, marking a decisive move to consolidate control.

TT Investments has increased its takeover bid for 360 Capital Group securities to $0.31 per share, marking its best and final offer amid a firm hold on majority ownership.

TT Investments, led by Executive Chairman Tony Pitt, has initiated an unconditional off-market takeover offer for 360 Capital Group at $0.30 per security, representing a substantial premium to historical trading prices. The bid aims to consolidate control and may lead to delisting if ownership thresholds are met.

Magellan Asset Management has announced a special distribution of 11.00 cents per unit for its Magellan Global Opportunities Fund – Active ETF, offering investors a timely income boost alongside a reinvestment option.

LDR Assets Pty Ltd has initiated an off-market takeover bid for all stapled securities in the Elanor Commercial Property Fund (ECF), offering $0.70 cash per security, representing a premium over recent trading prices and net tangible asset backing. The offer opens on 11 September 2025 and is set to close on 13 October 2025.

Alternative Investment Trust (AIQ) has successfully completed a 1 for 1 non-renounceable rights issue, issuing over 23 million new units and significantly increasing its cash reserves.

Elanor Commercial Property Fund’s Independent Board Committee has unanimously recommended rejecting Lederer Group’s unsolicited $0.70 per security takeover offer, citing significant undervaluation and strategic risks. The committee advises securityholders to take no action until a detailed target’s statement is released.

The Alternative Investment Trust (AIQ) has extended its on-market buy-back of up to 10% of issued units, signaling continued capital management efforts amid steady market conditions.

Australian United Investment Company Limited has updated its dividend announcement to include the Dividend Reinvestment Plan issue price, confirming a fully franked total dividend of AUD 0.28 per share for the period ending June 2025.

Vicinity Centres has updated its dividend distribution details for the six months ending June 2025, including the Dividend Reinvestment Plan price and the NZD equivalent payout for New Zealand investors.

Centuria Industrial REIT has successfully settled a A$325 million exchangeable notes offering due 2030, simultaneously repurchasing nearly A$300 million of its higher-cost notes maturing in 2028. This refinancing move aims to extend debt maturity and reduce interest expenses.