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Showing 5521 - 5530 of 5861 results for "Property"

LPTs to benefit from strong retail sales

AAP  |  THURSDAY, 5 FEB 2004
Analysts expect that a surge in retail sales figures for 2003 will have boosted the incomes of listed property trusts (LPTs) this reporting season. The Australian Bureau of Statistics today released the final retail sales figures for 2003, showing growth ...

Childcare property investment fund launched

Property fund provider SaiteysMcMahon has launched what it claims is Australia's largest dedicated childcare property investment fund. The unlisted fund has a portfolio of 49 properties valued at about $50 million, which are leased to listed childcare ...

Macquarie CountryWide gets US$1.2 million from US property sale

AAP  |  MONDAY, 2 FEB 2004
Retail property investor Macquarie CountryWide Trust has had sold a United States property, which it had acquired in a joint venture with Regency Centers for US$10.7 million. The sale reflected a yield of 7.3%. Macquarie CountryWide's 75% share of the ...

GPT optimistic on office sector recovery

AAP  |  FRIDAY, 30 JAN 2004
Australia's biggest diversified property trust General Property Trust is cautiously optimistic about a recovery in the office sector. GPT posted an 8.8% increase in net profit to $420.2 million for calender 2003, with all five sectors - retail, office ...

Foreign investment surges in Australian property market

AAP  |  FRIDAY, 30 JAN 2004
The relatively low Australian dollar has been a boon for overseas investors, who snapped up $1.19 billion worth of Australian houses and apartments last financial year. That was nearly double the $631 million worth of dwellings the Foreign Investment ...

Australians abandon property investment plans

AAP  |  FRIDAY, 30 JAN 2004
More than 100,000 Australians have abandoned plans to invest in property this year, according to research by Wizard Home Loans. The non-bank lender said research it commissioned found the number of Australians who planned to invest over the next 12 ...

GPT expects strong retail, industrial income growth

AAP  |  THURSDAY, 29 JAN 2004
Listed property trust General Property Trust said today it expects to experience strong growth in retail and industrial income and an improvement in office and tourism markets in 2004. GPT said net profit for the 12 months to December 31, 2003 was up ...

Lend lease buys ComLand for $165 million

AAP  |  FRIDAY, 23 JAN 2004
Property company Lend Lease has bought two residential estates from the commonwealth government for $165 million. Lend Lease said it had exchanged contracts to acquire ComLand, which owns the Edgewater residential community in Melbourne and the former ...

Macquarie Direct Property closes syndicate with sale of assets

AAP  |  THURSDAY, 22 JAN 2004
Macquarie Direct Property Management has closed one of its syndicates through the sale of its assets. It said the VC Direct Investment Trust's two assets, the Harvey Norman Centre at Campbelltown and the Bunnings Warehouse at Villawood, both in Sydney ...

Leighton joins with James Fielding in infrastructure fund

AAP  |  THURSDAY, 22 JAN 2004
Australian construction company Leighton Holdings has joined forces with property group James Fielding to form an infrastructure fund. Leighton and James Fielding said the joint venture, called James Fielding Infrastructure (JFI), would pursue property-related ...