ABN and Grosvenor agree first Australia property swap

Grosvenor Group, an international property company, and Dutch bank ABN Amro, have agreed the first Australian property derivatives transaction.

The two-year swap contract is based on the Australian Property Council/Investment Property Databank (IPD) Australian property all-property total return index. The pricing of the transaction remains confidential, but its notional value is less than A$10 million (US$8.2 million).

"The Australian market is at a similar stage to that of the UK 18 months ago

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here