Do’s and Don’ts in real estate
The companies that present opportunities and pitfalls in the current real estate sector within Australia.
Read MoreThe companies that present opportunities and pitfalls in the current real estate sector within Australia.
Read More20 Jul 2023 – Australia's largest landlords have recently downgraded the values of their office block portfolios, but investors are seeking deeper discounts amid a significant gap between public and private valuations.
Read More03 Jul 2023 – Centuria Office REIT (ASX:COF) has completed external valuations on a significant portion of its portfolio.
Read More28 Jun 2023 – Centuria Office REIT (ASX:COF) has announced significant developments, including a successful $225 million debt refinancing initiative and the exchange of a sales contract for the divestment of a non-core property.
Read MoreThe Neutral rating and target price of $2.48 are retained.
Read MoreThe broker retains its Hold rating and edges up its price target to $2.50 from $2.49.
Read MoreRating is downgraded to Neutral from Outperform and the target is raised to $2.20 from $2.14.
Read MoreCenturia Office REIT provided funds from operations (FFO) guidance above Morgans expectations. The Add rating is unchanged and the target rises to $2.31 from $2.29.
Read MoreFY20 results were ahead of Credit Suisse estimates mainly because of the broker’s overly conservative rent relief assumptions. The business remains well within debt covenants.
Read MoreCrunch went the shares yesterday in small mining services company Coffey International (COF). It will be the first of what will be a long line of miserably bad results from the sector.
Read MoreSmall engineering and mining services group Coffey International (COF) was an unlikely "first cuckoo of spring" for the sector yesterday when it revealed that nothing had really changed in the sector in the past few months.
Read MoreContractor, Coffey International, has been forced to issue a further statement after its earnings downgrade a week ago – this time it’s to reassure investors that it is not in trouble with its bankers.
Read MoreThe slowing in the resources sector exploration and investment continues to hit mining services companies with Coffey International (COF) becoming the latest to downgrade its outlook and suffer a big sell off in its shares.
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