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CFSGAM taps into water assets

Colonial First State Global Asset Management has bought its first Australian water asset, picking up Water Utilities Australia from listed investment manager Blue Sky Alternative Investments for an undisclosed price and ahead of a significant expansion. CFSGAM plans to hold the business, which services winegrowers in the McLaren Vale, south of Adelaide, in its global diversified infrastructure fund.



Blue Sky eyes its next Aura village

Aura Australia, a joint venture between former RetireAustralia executives and Blue Sky Alternative Investments, is planning a $67 million retirement village at Maroochydore on the Sunshine Coast. On almost one hectare, acquired for $6 million, the joint venture will develop a vertical retirement village of about four storeys.



Queensland organic grain miller gets $12m cash injection

Trade and Investment Queensland (TIQ) has congratulated Kialla Pure Foods on successfully attracting $12.3 million worth of investment to help grow its organic grain and flour processing business.



How funds are making the most of water market chaos

Record rainfall and growing concern over the politics of the Murray Darling Basin have not been enough to dent the values and demand for water entitlements in Australia’s booming farming regions such as the Murrumbidgee. With parts of NSW receiving up to 400 per cent of their average annual rainfall during winter, some prices for water allocations have reduced but a trend towards planting crops and orchards such as almonds, which require higher-security water, is keeping some tension around pricing.



Blue Sky Cracks Student Housing in US

Blue Sky Alternative Investments (ASX:BLA) continues to up the ante in the student accommodation market, this time in the US.The Brisbane-based fund manager has formed a joint venture with Student Quarters, an independent student housing investment manager with approximately 5000 beds under management.



Blue Sky builds new student digs

Blue Sky Private Real Estate and its joint venture partner Goldman Sachs have begun construction on two new student accommodation facilities in Melbourne and Adelaide, taking its portfolio pipeline past 3300 beds.



Podcast: Morgans 40 under 40 series

Morgans’ Adviser Chris Titley recently interviewed Blue Sky’s new Managing Director, Robert Shand. In the interview, Robert discusses the history of Blue Sky, his own background, why he joined the company and his future plans for the business. He also discusses work/life balance, people and culture, and shares some insights into his management techniques and philosophies.



How to fund your startup dream

Entrepreneur is no longer code for ‘unemployed’. More people than ever are opting out of traditional employment to start their own business and technology is making it easier than ever to reach a global audience. So how can you find investment to turn our innovative ideas into global businesses?​​ Elaine Stead, head of Blue Sky Venture Capital, shares the six keys for success.



The coolest 100 people in Australian tech

The past 12 months have proved to be a coming of age for Australian tech. Innovation and technology have shifted to the heart of the economic policy agenda, and there is a clear recognition among policymakers and investors that Australia needs a strong technology ecosystem to compete in the modern global economy.



Chloe McCardel completes 19th English Channel swim

Congratulations to Chloe McCardel who has just completed her 19th English Channel swim. We are proud to support an incredible Australian rewriting the record books.



Blue Sky for Aura in $130m Brisbane retirement deal

Australian Financial Review – Retirement operator Aura Australia Management has paid more than $20 million for its first development site in Brisbane’s south-west suburb of Corinda, where a $130 million retirement village will be built Aura is half owned by listed asset manager Blue Sky Alternative Investments and founded by Tim Russell, who was formerly chief executive of Retire Australia, Australia’s largest independent retirement village operator before its sale.