Announcements

AMP Capital Investors acquires key Perth office property (25 June, 2008 - PDF   38 Kb)
AMP Capital Investors today announced its Select Property Portfolio No.3 (SPP3) had acquired a Perth office property for just under $40 million. The property, 30 The Esplanade, was purchased from GE Real Estate at a price that represents an initial yield of approximately 6.6 per cent.

Rainmaker names AMP Capital Core Infrastructure Fund as best new product (4 June, 2008 - PDF   41 Kb)
Last night, the AMP Capital Core Infrastructure Fund was named the Best New Investment Product of the Year, by financial research and media group, Rainmaker.

AMP Capital Investors appoints new Head of Property Funds Management (3 June, 2008 - PDF   40 Kb)
AMP Capital Investors today announced the appointment of Chris Judd to the position of Head of Property Funds Management. The appointment, which takes effect immediately, followed an extensive search that included both internal and external candidates. AMP Capital Investors Director and Chief Investment Officer Property Andrew Bird said he was delighted to appoint an internal candidate to this key position.

AMP Capital welcomes Government’s reduction to withholding tax (14 May, 2008 - PDF   38 Kb)
AMP Capital Investors tonight welcomed the Federal Government’s intention to substantially decrease withholding tax charged to foreign residents investing in Australian managed funds in successive increments from 30 per cent to 7.5 per cent over three years.

$150 million redevelopment of Mt Ommaney Centre approved  (7 May, 2008 - PDF   44 Kb)
Brisbane City Council has approved a Development Application from AMP Capital Investors for the proposed $150 million redevelopment of Mt Ommaney Centre, located in Brisbane’s south western suburbs. Managed by AMP Capital Shopping Centres, the DA was lodged by AMP Capital Investors on behalf of owner AMP Australian Core Property Portfolio. The proposed redevelopment of Mt Ommaney Centre is in response to the growing population of south-east Queensland and will increase the centre’s retail sp

China grants AMP Capital Investors additional investment quota (28 April, 2008 - PDF   29 Kb)
AMP Capital Investors has received an additional US$100 million quota from China’s State Administration of Foreign Exchange (SAFE), making it the first company globally to receive a top-up in this round of quota allocation. This is in addition to its existing US$200 million quota. AMP Capital received its Qualified Foreign Institutional Investor (QFII) licence in April 2006 and remains the only Australian company to hold such a licence to invest in the China A share market.

DA approval granted for Pacific Fair redevelopment  (22 April, 2008 - PDF   47 Kb)
Pacific Fair will become Queensland’s biggest shopping centre, following Gold Coast City Council approval of a proposed Development Application (DA). Managed by AMP Capital Shopping Centres, the DA was lodged by AMP Capital Investors on behalf of the co-owners: AMP Capital Shopping Centre Fund, AMP Australian Core Property Portfolio and Westfield Trust. One of the first in AMP Capital Shopping Centres’ $2.4 billion development plans, Pacific Fair will house some 420 retailers in approximatel

AMP Capital Investors and Meridien retirement living announce strategic review  (15 April, 2008 - PDF   76 Kb)
The joint venture partners in AMP Capital Meridien Lifestyle (ACML), AMP Capital Investors and Meridien Retirement Living, announced today that they have commenced a strategic review of options for a portfolio of their investments in the retirement living sector.

AMP Capital Core Infrastructure Fund tops $100 million (14 April, 2008 - PDF   40 Kb)
AMP Capital Investors retail infrastructure fund, the AMP Capital Core Infrastructure Fund, this week achieved fund inflows of $100 million, just months after it was launched late last October. AMP Capital Head of Retail Distribution, Ben Harrop said: “The strong inflows into the AMP Capital Core Infrastructure Fund are very encouraging given we only launched at the end of October. “Investors see infrastructure as a defensive asset class, with low correlation to the share market. The div

New Head of Asia Pacific Equities (10 March, 2008 - PDF   46 Kb)
AMP Capital Investors, the specialist investment manager with $111 billion assets under management, is continuing its focus on becoming a high value-add Asia Pacific investment manager with today’s appointment of Kerry Series as AMP Capital’s Head of Asia Pacific Equities. Mr Series was previously Investment Director Asian Equities at HSBC Asset Management in Hong Kong and before that was co-founder of Perennial Investment Partners in 1999. Mr Series was responsible for Asian equities and co-

AMP Capital Investors sells Orphan to Sigma (22 February, 2008 - PDF   42 Kb)
AMP Capital Investors today announced the completed sale of its shares in Orphan Australia to Sigma Pharmaceuticals. AMP Capital Investors acquired a 40 per cent stake in Orphan in 2005 as Manager of Private Equity Fund III (PEF III), a fund operating in the mid-market space in Australia. As a result of Sigma’s 100 per cent acquisition of Orphan, the sale will return more than three times the investment, at an internal rate of return of 49 per cent, to AMP Capital’s PEF III.

CIMA investment consultant scholarship launched (18 February, 2008 - PDF   40 Kb)
Investment consultants are being urged to apply for the inaugural Certified Investment Management Analyst (CIMA) Scholarship for Investment Consultants, organised by the Investment Management Consultants Association (IMCA) and sponsored by AMP Capital Investors. The scholarship, valued at around $5500, is the first of its kind for investment consultants in the institutional market.

SRI Principles added to fixed interest portfolio of AMP Capital Investors Responsible Investment Leaders Balanced Fund (4 February, 2008 - PDF   38 Kb)
AMP Capital Investors Responsible Investment Leaders (RIL) Balanced Fund will apply Sustainable & Responsible Investment (SRI) principles to its fixed interest portfolio from this February, becoming one of the few balanced fund options that applies environmental, social and governance assessment across equity, debt and direct property.

Acquisition makes Principal Healthcare Group the largest owner of for-profit aged care in Australia (31 January, 2008 - PDF   51 Kb)
Principal Healthcare Group (PHG) today announced it is acquiring 100 per cent of Domain Aged Care (Domain), making PHG the largest owner of for-profit aged care in Australia. Principal Healthcare Group is owned by funds managed by AMP Capital Investors. Following the acquisition, PHG will hold approximately 9 per cent of the for-profit market and approximately 3 per cent of the total aged care market.

Development Application lodged for Macquarie Centre (22 January, 2008 - PDF   42 Kb)
AMP Capital Shopping Centres Managing Director Peter Feros today announced it had lodged a Development Application (DA) with Ryde City Council for the redevelopment of Macquarie Centre on behalf of the co-owners: AMP Capital Shopping Centre Fund (ASCF) and Westfield Management Limited. Macquarie Centre is managed by AMP Capital Shopping Centres, which is also responsible for the development management of the project. “The DA proposal to develop Macquarie Centre aims to cater to Sydney’s growin