East Coast Infrastructure: Worst Boom Ever?
Lennox Capital argues Australia’s east coast infrastructure boom may not be the gift to Australian contractors the market is assuming.
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Property Developer Villa World Agrees To Private Equity Buyout
Small Queensland residential developer Villa World has agreed to be taken over by private equity-backed Avid Property.
Read MoreSydney, Melbourne House Prices Rise Ahead Of RBA Meeting
The Reserve Bank monetary policy meeting in Darwin today will have a tiny bit of good news to consider (and ignore) – the slide in house prices again slowed last month with small rises being recorded in Sydney and Melbourne for the first time 21 months.
Read MoreGPT Mirrors Mirvac With $850m Cap Raising
Property group GPT is raising up to $850 million in a placement and share purchase plan for retail holders to help it lift its stake in the Darling Park and Cockle Bay Wharf complex in Sydney’s western CBD.
Read MoreMirvac Group Taps Instos With $750m Placement
Mirvac is raising $750 million through an institutional issue placement at $2.97 a share. The company will offer shareholders the right to take up a total of $75 million in new securities in addition to the larger raising.
Read MoreAustralian House Prices Getting Closer To The Bottom
The election outcome removed a key threat, but several other factors also suggest that property prices could be nearing a bottom. In this note, Shane Oliver looks at the key issues.
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Investing With Impact And A Targeted 8.25%*pa Distribution Rate
The Specialist Residential Property Impact Fund provides institutional, wholesale and retail investors the opportunity to participate in an emerging market of disability housing, and to help deliver vitally important social outcomes for people with disabilities and their families and carers.
Read MoreBanks – Is The Worst Over? No.
Some brokers have started to upgrade their recommendations to “BUY” on the banks and believe that they represent value in and around these levels. I still strongly disagree.
Read MoreResidential Property Slide Shallows Out In April
For the second month in a row house and apartment prices fell sharply in April, but there were more tentative signs the slide is starting to slow down.
Read MoreCharter Hall Retail Well Placed For Acquisitions
Charter Hall Retail will acquire Rockdale Plaza, providing an opportunity for both non-rental income and improved mix of stores.
Read MoreBounce In Building Approvals Not All It Seems
We had another reminder yesterday why the monthly building approvals data from the Australian Bureau of Statistics are an unreliable indicator (and should not be taken all that seriously at times) of the strength or weakness in tracking what is going on at the front end of the home and apartment building chains.
Read MoreProperty Declines Lose Momentum In March
So did we see signs the current slide in house prices might be losing momentum in March? There was a tiny suggestion that February saw hints of a slowing in the rate of fall, but it would see the signs were a little more solid last month.
Read MoreHow Much More Downside For Property Values?
How much more downside is there left for property values? Where to now? Will the RBA only cut rates twice to 1.00% and all will be good again? Or will this just be the start of a deepening crisis?
Read MoreAustralian Listed Real Estate Tables
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data.
Read MoreAustralian Listed Real Estate Tables
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data.
Read MoreOz Construction (In)Activity Worse Than Expected
Now here’s a bit of nasty news for the Reserve Bank and others – the value of construction work done across Australia in the final three months of 2018 fell by a sharp 3.1% to $51.603 billion (seasonally adjusted) instead of rising by 0.4% as forecast by the market.
Read MoreAustralian Listed Real Estate Tables
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data.
Read MoreMcGrath Confirms Weak Result, Soft Outlook
A not unexpected weak result from Sydney real estate agency, McGrath for the six months to the end of December, and a not unexpected weak forecast of ongoing tough property market conditions in the short term, thanks to the uncertainty caused by the NSW and federal elections.
Read MoreHome Lending Data Continues On A Downtrend Trend
As expected home lending fell sharply in December to be down sharply for 2018 as a whole as loans for apartments and units fell steeply followed loans for owner-occupiers.
Read MoreAV Jennings Confirms Weak H1
As it suggested in a warning in December, developer and home builder, AV Jennings has reported a sharp slide in first-half earnings, cut its interim dividend in half, but expressed confidence it will do better in the second half of the 2018-19 financial year,
Read MoreAustralian Listed Real Estate Tables
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data.
Read MoreAustralian Housing Q&A With Shane Oliver
A Q&A on the Australian housing downturn: what’s driving home prices down; how far will they fall; what’s the impact on the economy.
Read MoreInvesting For Income In Direct Property
As 2018 draws to a close with continued volatility in global equity markets, consistent returns and solid long-term growth are becoming increasingly difficult to find. Steven Hall, Head of Direct Property at Australian-based fund manager Charter Hall, proposes Direct Property as an asset class that may fill that bill.
Read MoreAustralian Listed Real Estate Tables
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data.
Read MoreHome Loan Data Confounds The Gloomsters
For all the talk of a home lending slump, the October housing finance figures from the Australian Bureau of Statistics were something of a surprise – they rose, not fell as accepted wisdom in the market had them doing.
Read MoreIntroduction to Limited Recourse Borrowing Arrangements
Typically, a super fund cannot borrow as per the SIS Act, however by meeting specific criteria, the loan can be allowed and is designated a “limited recourse borrowing arrangement”.
Read MoreYield Starved Property Investors Eye NDIS
Is an Impact Investing opportunity that promises gross yields of 16% pa or more too good to be true?
Read MoreHeidelberg A Key Growth Suburb – Unique Local Growth Advantages
Heidelberg is located in the north-east local government area of Banyule and has emerged as a key growth suburb fuelled particularly by the burgeoning medical precinct of Austin Health encompassing the Austin Hospital, Heidelberg Repatriation Hospital, and the Royal Talbot Rehabilitation Centre.
Read MoreMelbourne Market Pauses But Drivers Remain Strong
Capital city housing markets have generally eased but the key underlying drivers of the Melbourne housing market remain the strongest of all the capitals.
Read MoreAustralian Listed Real Estate Tables
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data.
Read MoreSofter Property Market Sinks McGrath
A weak interim profit lies ahead for struggling real estate agency McGrath which yesterday reported a small loss for the first quarter of 2018-19 and all but admitted the company will not make a profit for the year to June 30 on an after-tax basis.
Read MoreAustralian Listed Real Estate Tables
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data.
Read MoreBlackstone Concedes To Oxford In Battle For Investa Office
After a long and intense tussle, Canada’s Oxford Properties has won the multi-billion dollar battle for control of Investa Office Fund (IOF).
Read MoreWhereto For Australian Home Prices & What’s The Impact On The Economy?
Prices are likely to perform a lot better in Adelaide, Brisbane, Canberra & Hobart as they have not seen anything like the boom in Sydney & Melbourne.
Read MoreAustralian Listed Real Estate Tables
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data.
Read MoreAre Home Building Stocks On Solid Ground?
The listed builders of detached dwellings are holding their own amid a stiffening housing downturn, with the ‘strength in adversity’ message emanating from their recent profit results.
Read MoreOffice Remains The Key Pick In A-REITs
The outlook for the A-REIT sector is relatively benign, as brokers note portfolio fundamentals are healthy and gearing is generally low.
Read MoreStockland set to spend $350 million buying back shares
Is yesterday’s buyback announcement from Stockland one of the more significant announcements from a key company in the Australian property sector- especially residential, retail and other commercial areas?
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