Bob Carr lands at Macquarie

The investment firms are committing a combined $600m in toll road owner Maple Infrastructure Trust.

Safeway Concessions has been sold to VINCI Highways, a subsidiary of VINCI.

ASIC is asking for an independent expert to review a remediation plan for the trade reporting functions of Macquarie's futures dealing and OTC derivatives; ASIC commissioner Simone Constant said that the action "underscores" the regulator's concerns with the "recurrent" nature of Macquarie's failures.

The €2.85bn deal will expand the French gas giant's presence in Asia; the acquisition is being financed by a bridge loan and will be (re)financed by bond issues.

The decision comes after several US banking groups left the NZBA over the last six months.

James Kemp, head of real estate, Apac, MAM, told FA that in Japan there is an undersupply of modern logistics space and an emergence of new logistics hubs in response to limits to the driving time of truck drivers.