14/07/2010

AA REIT bides time on China deals，white knight George Wang builds asset pipeline George Wang got a much warmer reception from shareholders of AIMS AMP Capital Industrial REIT (AA REIT) during its annual general meeting last week than he did last November

05/07/2010

AIMS to set up Reit with Hainan Devt, Guangdong Finance Trust AIMS Financial Group said on Friday that it has signed the cooperation memorandum with Hainan Development Holdings Limited and Guangdong Finance Trust Limited to establish a property fund trust.

21/05/2010

China eco-city deal clinched: eco-tourism city SYDNEY-BASED Australian-Chinese entrepreneur George Wang has secured an agreement with the Tianjin municipal government to develop a $700 million "eco-tourism city" in a staged development in China.

05/05/2010

Press Release - AIMS FINANCIAL GROUP & MACARTHURCOOK ANNOUNCES NEW HEAD OF GLOBAL PROPERTY SECURITIES AIMS Financial Group and MacarthurCook today announced John Snowden as its Head of Global Property Securities.

21/04/2010

MacarthurCook to present at AIA National Investors conference regarding REITs Warren Boothman, Head of Institutional Business at MacarthurCook, will again present at this years AIA National Investors Conference – Investment strategies for changing markets – to be held at the Surfers Paradise Marriott Resort from 25 to 28 July 2010.

03/12/2009

Tianjin to emerge as the 'Wall Street' of Beijing SYDNEY - China's third largest city, Tianjin, has been annointed to spearhead China's development of tertiary industries notably logistics, shipping and financial services. As one of only four cities with a direct reporting channel to the Beijing leadership, Tianjin has been chosen as the third growth hub for China.

02/12/2009

George Wang plans to build new funds business in Singapore, refocuses MI-REIT Less than 24 hours before, Wang, Bundy and McGrath had faced dozens of angry investors in the financially troubled MI-REIT, who were trying to shoot down their plan to recapitalise it by, among other things, selling shares to new investors at a steep discount.

25/11/2009

MI-REIT gets its way after sound and fury MacarthurCook Industrial Reit (MI-REIT) hired pistol-toting security guards to keep the peace at an acrimonious meeting of unitholders yesterday – but other than the customary dash for the buffet line, no violence broke out.

25/11/2009

MI-Reit moves ahead with its plans With the dust finally settling after the tumultuous past few weeks, the folks behind MacarthurCook Industrial Reit (MI-Reit) are understandably keen to leave the past behind them.

23/11/2009

MacarthurCook Industrial REIT Requests NAB Disclosures-Filing SINGAPORE (Dow Jones)--Singapore-listed MacarthurCook Industrial REIT Ltd. (BU5U.SG) has requested two National Australia Bank Ltd. (NAB.AU) investment managers disclose whether they used information gained from the bank in its capacity as a financier and equity adviser to the REIT to help Cambridge Industrial Trust Ltd. (J91U.SG) launch a hostile takeover bid for the REIT's management earlier this month.

23/11/2009

MAS blocks bid by CIT to manage MI-Reit THE battle for control of MacArthurCook Industrial Reit (MI-Reit) appears to be over after the Monetary Authority of Singapore (MAS) blocked a rival from managing MI-Reit because of a potential conflict of interest.

23/11/2009

Battle of the REITs: CIT squares up to MI-REIT Just when it thought it had bridged a S$300m (US$216m) funding gap and ensured its survival, MacarthurCook Industrial REIT faces the prospect that its proposed recapitalisation plan could be derailed by a rival trust.

23/11/2009

Did Cambridge Industrial Trust look before it leaped? It is becoming increasingly apparent that Cambridge industrial Trust (CIT) made a grave miscalculation in its pursuit of its rival, MacarthurCook Industrial REIT (Ml-REIT).

23/11/2009

Can this man Save MI-REIT? George Wang, chairman and CEO of AIMS Financial Group, had little more than A$3,000 to his name when he arrived in Australia from China in 1988 at the age of 26. A native of Hainan Island, he was fortunate to have avoided the worst of the Cultural Revolution, and had graduated from Shanghai University, where he studied environmental engineering. After a stint in environmental and city planning for the Guangdong government, Wang wanted to go into business but felt that China’s restrictions on travel, among other things, would be a serious impediment. So, despite the practical difficulties and risks, he decided to leave his homeland.

16/11/2009

AMP Capital Investors buys strategic stake in Singapore REIT