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Showing 181 - 190 of 708 results for "Lease"

PrimeWest acquires asset manager

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
The ASX-listed property fund manager has paid $10 million to acquire a farmland asset manager as it looks to build a presence in A-REITs. PrimeWest will now own 100% of GoFARM Asset Management which is the manager to the REIT Vitalharvest Freehold Trust ...

Charter Hall invests in logistics

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
... was originally developed in 2008 for the tenant as its national distribution centre, and has entered into a new 12-year lease to commence at expiry of their current lease in August 2020. The lease provides for annual rental escalations of 3.25%, with ...

A-REIT winners, losers of the 'new normal'

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... will move from the landlord towards the tenant. With this, we expect that there will be a rebasing of rents and shorter lease terms going forward." She predicts a 20 to 30% fall in valuations for regional malls and a 5-10% contraction in convenience ...

Charter Hall extends JV, makes acquisition

ELIZA BAVIN  |  THURSDAY, 4 JUN 2020
... assets portfolio includes the ALDI distribution centres, which were designed and built by ALDI and sold with seven-year lease back initial terms plus multiple seven-year options. The four asset portfolio comprises Sydney logistics facilities located ...

Charities call for further stimulus

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... for Social Impact (CSI) has forecast that the country's 16,000 charities could be severely impacted when JobKeeper, and lease and loan deferrals come to an end in October. Modelling a 20% reduction in revenue, the report found that 88% of the country's ...

Sole purpose test poses SMSF rent relief issue

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... for anyone, even SMSF trustees. "In normal times, an arm's length landlord would be expected to enforce the terms of the lease and any deviation from the lease terms, or altering the terms of the lease in favour of the related tenant, could breach the ...

Small caps soar amid accelerated revolution

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... however, Bilney remains cautious on REITs - with uncertainty surrounding the ability of landlords to collect rental and lease payments from tenants ongoing. Wilson Asset Management lead portfolio manager Oscar Oberg said strong leadership was also an ...

COVID-19 ushers in the future of work

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... tenants who were potentially looking for expansion space coming in to COVID-19 period, we have seen a stalling of decisions to lease while they consider the changing ways of working that have been adopted during the lock down period of COVID-19." However ...

1.5 metres to trigger real estate downfall

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... terms. "For example, a landlord might negotiate a temporary rental reduction in return for the tenancy committing to a longer lease term." The government's new measures, announced yesterday, force landlords to reduce leases in proportion to a reduction ...

Property manager, sovereign wealth fund enter JV

ALLY SELBY  |  MONDAY, 6 APR 2020
... Towers is one of the largest office buildings located in Melbourne's CBD. Currently, it is 91.7% occupied with an average lease expiry of 4.6 years as of March 1. Over the long term, Dexus said, the building would benefit from positive supply-demand ...