ING Real Estate Healthcare fund is negotiating a potential merger with Essential Healthcare Trust a deal that would create a fund worth more than $300 million. Miles Wentworth, chief executive at ING Real Estate Healthcare fund, said the merger would enhance its position in the Australian healthcare property sector, providing increased scale.
Five Prime Trust directors found to a breach their duties when handing over $33 million to Bill Lewski
Corporate watchdog ASIC was successful in the Federal Court, obtaining a ruling that the five former directors of Prime Trust are liable for breaching their duties as officers of the trust APCHL. They agreed to the amendment of the Constitution of...