AMP Capital sells Houston multi-family property (01 May 2013 - PDF 21 KB)
AMP Capital’s Global Direct Property Fund has sold Cheval Apartments for US$63.6 million following a widely marketed sales campaign.
Cheval Apartments is a ‘multifamily’ asset – a high quality 387 unit residential complex which is centrally located near major employment and lifestyle centres in Houston, Texas.
AMP Capital boosts Chicago credit research team (05 Apr 2013 - PDF 16 KB)
AMP Capital has appointed Afrim Ponik to the new role of portfolio manager in the fixed income team (credit markets research) based in its Chicago office.
This position is an important milestone for AMP Capital and highlights the growing importance of its United States presence in managing global portfolios.
AMP Capital acquires new stake in Australia Pacific Airports (26 Mar 2013 - PDF 17 KB)
AMP Capital has increased its managed stake in Australia Pacific Airports Corporation (APAC), the owner of Melbourne and Launceston Airports, after exercising its pre-emptive rights on behalf of its funds and clients.
AMP Capital has long-standing experience investing in the aviation sector. In 2012 AMP Capital took a 49 per cent interest in Newcastle International Airport in the UK and it has managed an investment in Melbourne Airport since 1997 when the airport was privatised, and Launceston Airport since 1998.
AMP Capital announces early completion of stage one of Wentworth Point development (25 Mar 2013 - PDF 27 KB)
AMP Capital today confirmed that the first stage of its residential development at Wentworth Point in Sydney has been completed and fully sold, five months ahead of schedule. Stage Two is now under construction.
AMP Capital’s Select Property Portfolio No. 3 (SPP3) holds a 25 per cent interest in the project alongside joint venture partners, Billbergia Pty Ltd and a separate account client of AMP Capital.
AMP Capital completes successful capital raising for shopping centre fund (22 Mar 2013 - PDF 25 KB)
AMP Capital has successfully raised $200 million from new and existing investors in the flagship AMP Capital Shopping Centre Fund. The equity has been raised from Australian institutions and a new mandate from a European pension fund.
AMP Capital begins construction at Brisbane CBD site (20 Mar 2013 - PDF 27 KB)
AMP Capital’s Select Property Portfolio No.3 (SPP3) has now commenced construction at 111 Mary Street, Brisbane after forming an equity joint venture with Billbergia.
Activity on the site, which has lain dormant for the past five years, is viewed as a significant event in the Brisbane CBD by the market.
AMP Capital expands Asian equities team (14 Mar 2013 - PDF 16 KB)
AMP Capital has appointed Andy Peng to the new role of Portfolio Manager/Analyst in the Asian equities team based in Hong Kong.
Mr Peng will cover the telecoms, utilities and healthcare sectors (Pan Asia) and consumer discretionary sector (ex-Greater China).
AMP Capital adds Florida office building to its global property portfolio (15 Feb 2013 - PDF 21 KB)
AMP Capital’s Global Direct Property Fund (GDPF) has purchased a core office building in Tampa, Florida for US$32 million as well as an adjacent land site for US$2.5 million.
This acquisition follows the recent purchase of a Boston office property for US$17.6 million, announced last month.
AMP Capital to invest in US wind energy project (12 Feb 2013 - PDF 19 KB)
AMP Capital is to invest US$100 million in Capistrano Wind Partners, a company formed last year by Edison Mission Energy (EME), TIAA-CREF and Cook Inlet Region, Inc. (CIRI) to develop, own and operate a diversified portfolio of large-scale wind energy projects across North America.
The new investment from AMP Capital, on behalf of a large Australian superannuation fund client, will help to fund the growth of the wind energy project portfolio.
Margaret Payn joins AMP Capital as Chief Financial Officer (29 Jan 2013 - PDF 20 KB)
AMP Capital has appointed Margaret Payn to the position of Chief Financial Officer, effective 1 February 2013.
As part of AMP Capital’s senior leadership team reporting to AMP Capital Managing Director Stephen Dunne, Ms Payn will oversee AMP Capital’s finance operations across the company’s global operations.
AMP Capital expands global property portfolio with Boston core office acquisition (23 Jan 2013 - PDF 17 KB)
AMP Capital’s Global Direct Property Fund (GDPF) has purchased a core office building in Boston, Massachusetts for US$17.6 million. This follows the acquisition of a Paris office property during 2011 and is the fund’s first US acquisition since the Global Financial Crisis.
Two Liberty Square is a historic B Grade office building centrally located in the most established and densely built area in the Boston financial district, poised for near term growth and long term stability. The iconic building consists of over 64,000 square feet over 11 storeys and is currently 81 per cent occupied.
AMP Capital strengthens Alternatives Team with two new hires (11 Jan 2013 - PDF 20 KB)
AMP Capital has bolstered its Alternatives team with the appointment of Dr Alistair Rew as Senior Portfolio Manager and Celine Nguyen as Portfolio Manager.
AMP Capital Head of Alternatives Suzanne Tavill says the new hires bring extensive international knowledge and experience that will enhance the team's capability.
AMP Capital Shopping Centres starts $105 million redevelopment of Ocean Keys Shopping Centre (06 Dec 2012 - PDF 22 KB)
Ocean Keys Shopping Centre in Perth's northern coastal region is set to become a standout shopping centre for the community with construction of a $105 million redevelopment to start in January 2013.
AMP Capital launches second infrastructure debt fund as global demand rises and expands investment team (03 Dec 2012 - PDF 18 KB)
AMP Capital has launched the AMP Capital Infrastructure Debt Fund II (IDF) to institutional investors, following significant growth in demand for infrastructure in developed markets from investors in Asia, Europe and North America.
AMP Capital Shopping Centres makes senior appointments to deliver $2bn development pipeline (19 Nov 2012 - PDF 17 KB)
AMP Capital Shopping Centres has appointed Mark Kirkland as Head of Development, David Woodcock as General Manager Major Project Delivery and Simon Van de Velde as Divisional Leasing Manager – Projects to oversee the $2 billion retail development pipeline at the company.
AMP Capital takes Singapore REIT control to 10.10 per cent (16 Nov 2012 - PDF 23 KB)
AMP Capital has reduced its unitholding in AIMS AMP Capital Industrial REIT (AA REIT) to 5.01 per cent and will retain its 50 per cent ownership of the management company responsible for the Singapore Exchange-listed REIT.
AMP Capital establishes Chicago equities and fixed income dealing desk (14 Nov 2012 - PDF 21 KB)
AMP Capital has established a Chicago-based dealing desk to manage the company’s real-time trade execution in equities and fixed income in Europe and the Americas.
AMP Capital community infrastructure fund completes Victorian PPP (08 Nov 2012 - PDF 20 KB)
The AMP Capital Community Infrastructure Fund (CommIF) has handed back the Emergency Alerting System Public Private Partnership (PPP) project to the Victorian Government as agreed following the end of the seven year project term.
AMP Capital’s SITE fund to acquire 49 per cent stake in Newcastle airport (29 Oct 2012 - PDF 60 KB)
AMP Capital’s European flagship fund, the Strategic Infrastructure Trust of Europe (SITE), has acquired a 49 per cent interest in NIAL Group Limited (the Group), the holding company for Newcastle International Airport (Newcastle Airport).
AMP Capital, Westfield Group and Westfield Retail Trust complete A$1.75bn shopping centre transaction (25 Oct 2012 - PDF 98 KB)
AMP Capital managed funds have acquired Westfield Group (WDC) and Westfield Retail Trust’s (WRT) interest in three of Australia’s best known retail assets (Macquarie Centre in Sydney, Pacific Fair on the Gold Coast and Garden City Booragoon in Perth) for A$1.025 billion.
$390m Macquarie Centre redevelopment kicks off (25 Oct 2012 - PDF 20 KB)
Macquarie Centre in Sydney’s north-west will be transformed from a regional to a super regional shopping centre with a major $390 million redevelopment to create one of Sydney’s premier fashion destinations.
$350m to $400m redevelopment plan for Perth’s Garden City Booragoon (25 Oct 2012 - PDF 20 KB)
AMP Capital plans to redevelop Garden City Booragoon, with a $350 to $400 million redevelopment enhancing the retail offer of Perth’s iconic shopping centre.
AMP Capital receives concept plan approval for a landmark Circular Quay site (18 Oct 2012 - PDF 23 KB)
AMP Capital and Mirvac Group have welcomed the decision by the NSW Government to approve the concept plan for the development of 71-79 Macquarie Street, part of the iconic Circular Quay precinct.
Development approval granted for new Brisbane office tower (12 Oct 2012 - PDF 20 KB)
AMP’s Australian Core Property Portfolio and Sunsuper have received development approval for a new 12 level office building at the Coronation Drive Office Park (CDOP) precinct, the largest CBD fringe office complex in Brisbane.
AMP Capital expands global fixed income team (03 Sep 2012 - PDF 22 KB)
AMP Capital has expanded its global fixed income capability with the appointment of Portfolio Managers David Strouse and Patrick Wang to the credit markets team, based in Chicago.
AMP Capital expands global infrastructure team (10 Aug 2012 - PDF 16 KB)
AMP Capital has made senior appointments to its global infrastructure team.
Michael Dwyer AM awarded Fund Executive of the Year (08 Aug 2012 - PDF 67 KB)
First State Super’s Michael Dwyer AM has been named the winner of the 11th Annual Fund Executive of the Year Award by the Fund Executive Association Limited (FEAL), in partnership with AMP Capital.
AMP Capital hires Managing Director Asia (02 Aug 2012 - PDF 61 KB)
AMP Capital has appointed Kerry Ching as Managing Director Asia (ex Japan) to build on the company's growing presence in the region.
DUET Group to internalise management (31 Jul 2012 - PDF 57 KB)
AMP Capital, Macquarie Capital Group (Macquarie) and DUET Group have agreed to internalise the management of DUET (ASX-listed investor in regulated energy utility assets in Australia).
AMP Capital sells interest in Wales & West Utilities (26 Jul 2012 - PDF 58 KB)
AMP Capital has sold its stake in Wales & West Utilities Limited (WWU), a gas distribution business with approximately 35,000 km of gas distribution pipelines covering Wales and the South West of England.
AMP Capital wins global REIT mandate from China's social security fund (19 Jul 2012 - PDF 60 KB)
AMP Capital has been selected to manage a significant global listed real estate mandate for one of the largest public pension funds in the world, China’s National Council for Social Security Fund (NCSSF).
AMP Capital secures A$177 million fixed income mandate (09 Jul 2012 - PDF 58 KB)
AMP Capital has won an A$177 million fixed income mandate from Advance, a specialist asset management business with BT Financial Group.
AMP Capital celebrates final close of Infrastructure Debt Fund (29 Jun 2012 - PDF 60 KB)
AMP Capital’s Infrastructure Debt Fund (the Fund) has attracted €400 million from 30 global institutional investors, including Australian, Chinese, Japanese, US, German and UK pension and endowment funds.
AMP Capital announces Hong Kong based Asian equities team (27 Jun 2012 - PDF 59 KB)
AMP Capital has established a new Asian equities team based in Hong Kong, hiring three experienced portfolio managers/analysts and moving two existing team members to the region.
AMP Capital invests in the $400 million expansion of the M5 South West Motorway (26 Jun 2012 - PDF 58 KB)
AMP Capital has invested an additional $22 million in Interlink Roads as part of the transaction announced today to widen the M5 South West Motorway, a key arterial route for the growing population of south-western Sydney and an important driver of economic activity in New South Wales.
Irish Infrastructure Fund completes first investment in renewable sector (19 Jun 2012 - PDF 61 KB)
The Irish Infrastructure Fund has acquired a controlling stake in a portfolio of wind farms in the Republic of Ireland and Northern Ireland.
AMP Capital makes clean energy investment in India (06 Jun 2012 - PDF 59 KB)
The AMP Capital Asian Giants Infrastructure Fund (AGIF) has acquired a significant minority stake in leading clean energy company Shalivahana Green Energy Limited (SGEL) for almost US$29 million.
AMP Capital Select Property Portfolio sells Mickleham site to the Commonwealth (18 May 2012 - PDF 61 KB)
AMP Capital and Folkestone Limited have agreed to sell 144 hectares of land in Mickleham, Melbourne to the Commonwealth via its Select Property Portfolio II Fund.
AMP Capital invests in South Australian schools (17 May 2012 - PDF 63 KB)
AMP Capital has obtained South Australian Government approval to acquire the South Australian Schools Public Private Partnership (PPP) project on behalf of a number of its funds and clients, including AMP Capital’s Community Infrastructure Fund and Core Infrastructure Fund.
AMP Capital's Multi Asset Fund wins first institutional mandate (18 Apr 2012 - PDF 58 KB)
AMP Capital’s Multi Asset Fund has won its first institutional mandate from the South Pacific based Tuvalu Trust Fund for $55 million.
AMP Capital appoints Co-Head of Asset Management to European infrastructure team (11 Apr 2012 - PDF 58 KB)
AMP Capital has appointed David Rees as Co-Head of Asset Management to the London-based European infrastructure team.
AMP Capital scales up global listed real estate and infrastructure team (27 Mar 2012 - PDF 65 KB)
AMP Capital has scaled up its listed real estate and infrastructure capability, and will now deliver global portfolio management in-house following the appointment of several new portfolio managers/analysts.