Street Talk
NSW Land Registry Services’ owners acquire NatWest’s 20pc stake
NSW Land Registry Services, the record-keeper of all property transactions in the state, will remain in the hands of its existing investors as NatWest Group Pension Fund’s year-long auction to sell its 20 per cent stake draws to a close.
The NSW government privatised Land Titles Registry Services for $2.6 billion in 2017. This is the first ownership change since then.
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
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