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Showing 31 - 40 of 801 results for "REIT"

Waypoint REIT cops $27.1m devaluation

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
The Waypoint REIT revealed a net reduction in portfolio value of $27.1 million or approximately 1% in ASX filings. Half-year investment portfolio valuations were carried out on 78 properties and directors' valuations on 324 properties which resulted ...

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
... the US, has been noticeably weaker. As of May 31, the APRA MySuper index for Australian listed property, the S&P/ASX 300 A-REIT, yielded a one-year return of 2.25%. In contrast, the FTSE EPRA Nareit Developed ex Australia Rental index, the indices applied ...

AUSTRAC drops action after Bell FG audit

CASSANDRA BALDINI  |  FRIDAY, 30 JUN 2023
The regulator confirmed it will not take further action against Bell Financial Group's three subsidiaries following an audit of its financial crime law compliance. Last February, AUSTRAC ordered an external auditor assess Bell Potter Securities ...

Nuveen, Commonwealth Private partner to launch REIT

CASSANDRA BALDINI  |  FRIDAY, 30 JUN 2023
... Nuveen said the listed real estate strategy offers monthly liquidity via a share repurchase plan with no performance fees. The REIT also provides resiliency across market cycles through selective investments into commercial real estate debt, offering ...

ASIC nudges trustees on member fund compliance

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
ASIC is appealing for superannuation trustees to adhere to their legal responsibilities concerning member funds following a review of 12 trustees. A recent review by ASIC revealed that most aren't meeting their legal responsibilities for managing incoming ...

VanEck reduces management fees on ETFs

CASSANDRA BALDINI  |  MONDAY, 19 JUN 2023
... fees to 0.20% for its VanEck FTSE Global Infrastructure Hedged ETF (IFRA) and VanEck FTSE International Property Hedged ETF (REIT). IFRA is currently priced at 0.52% p.a. and REIT is currently 0.43% p.a. but will be reduced effective July 3. VanEck said ...

Property market peril to continue: Quay Global Investors

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... decreased property valuations and asset sales has somewhat become a theme. This week, Charter Hall provided an update on its REIT valuation, saying: "The valuations resulted in a net movement of $164 million, inclusive of capex, reflecting a 3.7% devaluation." ...

Active fund outperformance mostly short-lived: SPIVA

ANDREW MCKEAN  |  WEDNESDAY, 31 MAY 2023
... managed funds failed to outperform over five consecutive years. According to the report, nearly no actively managed equity, A-REIT and fixed income funds succeeded in maintaining consistent outperformance relative to their peers. Specifically, in the ...

HESTA pushes for gig worker super entitlements

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
HESTA is the latest industry fund calling for an extension of compulsory Superannuation Guarantee (SG) benefits to workers in the gig economy, amid concerns these workers will be "vulnerable to poverty" later in life. HESTA chief executive Debby Blakey ...

Australia lags in global fund disclosure: Morningstar

ANDREW MCKEAN  |  THURSDAY, 18 MAY 2023
... infrastructure assets and private equity are not required." Consequently, superannuation funds have a lower disclosure than A-REIT stocks, which make their individual property holdings publicly available and provide 'fair value calculations'.