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Showing 31 - 40 of 126 results for "Shopping centres"

Asset devaluation continues

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
... understood for some time, it is clear certain infrastructure and property assets such as airports, toll roads, and shopping centres have been materially affected by the current crisis. "As a result, and taken as a broad category of assets, Hostplus' ...

Banks throw more businesses a lifeline

ALLY SELBY  |  MONDAY, 30 MAR 2020
... pandemic," she said. "The type of businesses this applies to includes commercial landlords of properties such as local shopping centres, pubs, clubs and restaurants, who must agree not to terminate leases or evict current tenants for rent arrears due ...

REITs resilient in face of virus: Principal

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
... Principal. Janine Yoong, portfolio manager for Principal Global Investors in Australia said property projects such as shopping centres and apartment developments will not be immune to the global coronavirus outbreak, with impacts including supply chain ...

Super fund achieves first carbon neutral portfolio

ELIZABETH MCARTHUR  |  TUESDAY, 28 MAY 2019
... buildings in the Sydney CBD, North Sydney and Macquarie Park in NSW. The portfolio also includes two sub-regional shopping centres in Leichardt, an inner-Sydney suburb, and Bateman's Bay, on the NSW coast. The carbon neutral status of these buildings ...

Rainmaker unveils the best wholesale managed funds

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
... years to March 2019, outstripping its sector's median of 9.9%. The $300.25 million unlisted fund invests in shopping centres and other retail-based properties. The latest Wholesale Managed Funds Performance report ranked Fidelity China Fund (20.1%) ...

QIC appoints managing director

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... joined Vicinity as the chief investment officer and had oversight of a $26 billion portfolio, spread across 62 shopping centres. In his new role as managing director of QIC's global real estate business, he will report to QIC chief executive Damien Frawley. ...

Vicinity Centres partners for $1bn wholesale property fund

KANIKA SOOD  |  MONDAY, 6 AUG 2018
... in a 50:50 joint venture with a Singapore-based asset manager. Vicinity Centres will take $1 billion worth of shopping centres off its balance sheets and use them to seed a new wholesale fund in the 50-50 joint venture. It has entered a memorandum of ...

Investors drive third SCA unlisted retail fund

HARRISON WORLEY  |  FRIDAY, 15 JUN 2018
... Targeting an initial distribution yield of 7.1%, SURF 3 will acquire a $57.9 million portfolio of neighbourhood shopping centres across New South Wales, Queensland and Victoria. The fund is aiming to raise $35 million from retail and wholesale investors ...

$26 billion real estate group shuffles portfolio

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
Vicinity Centres is offloading about $1 billion of sub-regional and neighbourhood shopping centres, with a view to reinvest in opportunities that create better value for security holders. The recent portfolio reshuffle builds on the ASX-listed real ...

Population growth drives real income

DARREN SNYDER  |  THURSDAY, 25 JAN 2018
... weaker start is reflected, in part, by the volatility of higher bond rates. But he said given A-REITs' skew to shopping centres, it is a relatively robust sector. "We think rents need to match tenant sales growth from here. Tenant sales come back to ...