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Showing 301 - 310 of 924 results for "REIT"

ATO crashes amid tax return, ERS rush

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
The Australian Taxation Office's website crashed on the first day of the new financial year as Australians rushed to lodge tax returns and apply for the new round of ERS. The ATO said it was aware that a number of Australians trying to access its website ...

Property investors should diversify: FSI

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
First Sentier's head of global property securities is urging investors to take a diversified approach to property, as some sectors fare better than others in the COVID-19 economic wash-up. First Sentier head of global property securities Stephen Hayes ...

PrimeWest acquires asset manager

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
... 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 (VTH), which currently has $275 million of agriculture property assets including the largest aggregation ...

AustralianSuper denies turnover issue, delays office

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUN 2020
AustralianSuper chief investment officer and deputy chief executive Mark Delaney has shot down rumours of a staff turnover issue at the fund and confirmed its planned US expansion is on hold. Appearing at a Bloomberg webinar, Delaney denied that the ...

HUB24, Pinnacle say goodbye to S&P/ASX 200

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
... and exchange closures. Effective June 22, HUB24 and Pinnacle will be removed from the S&P/ASX 200 while Centuria Industrial REIT will be added to it. AMP will slip out of the S&P/ ASX 50 with its spot going to A2 Milk, in the only change to the 50 biggest ...

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

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... downturns the government is supportive of this sector, especially in the first home buyer market segment," Pham said. The REIT space is in a far better position than it was during the Global Financial Crisis, Pham noted, recommending investors focus ...

Arena REIT completes oversubscribed capital raise

ALLY SELBY  |  THURSDAY, 4 JUN 2020
... placement, raising $10 million more than previously hoped. Due to the strong support of its existing and new investors, Arena REIT said the institutional placement was increased from $50 million to $60 million. At $2.28 a share, the institutional raise ...

Newgate fund starts new life

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
Equity Trustees has handed over the management of Newgate Real Estate and Infrastructure Fund to a new manager, as Newgate Capital announces its intention to retire from the fund. Starting July 1, the fund will be folded into the Sanlam Real Assets ...

Collapse of REITs spells opportunity: SG Hiscock

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... discounts as an opportunity to increase exposure to real estate. "We were surprised and disappointed by the extent of the REIT sell-off," SG Hiscock director and portfolio manager Grant Berry said. "Having said that, for some time we have been cautioning ...

Small caps soar amid accelerated revolution

ALLY SELBY  |  THURSDAY, 21 MAY 2020
Although the last two months have been marked by increased volatility and disruption, small caps have largely outperformed. During March, small caps performed broadly in line with their larger counterparts, with the ASX Small Ordinaries Index dropping ...