Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 845 results for "REIT"

Listed companies drive economy's momentum: ABDO

KARREN VERGARA  |  THURSDAY, 21 MAR 2024
Australian companies continue to defy odds and beat analysts' expectations to help keep the economy on its resilience streak. Perennial Partners lead portfolio manager Stephen Bruce, who presented at the Advisers Big Day Out (ABDO) Capital Cities in ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
The terms of a $44 million legal settlement reached between Mayfair 101, James Mawhinney and the liquidators of IPO Wealth Holdings have been released to the public. In July 2022, Mayfair 101, its managing director James Mawhinney, and the liquidators ...

Growthpoint recruits new chief executive

ANDREW MCKEAN  |  WEDNESDAY, 6 MAR 2024
... under management from $4 billion to more than $21 billion. Before that, Lees was a fund manager for the Centuria Industrial REIT (ASX: CIP), where he was involved in the REIT's growth into Australia's largest pure-play industrial REIT. In addition to ...

Arena welcomes chief investment officer

CHLOE WALKER  |  TUESDAY, 5 MAR 2024
Arena REIT (Arena) has appointed Justin Bailey to the newly created role of chief investment officer. Reporting to Arena managing director Rob de Vos in Melbourne, Bailey will lead the capital allocation, transaction, and asset management functions ...

Large-cap equity funds continue underperformance: SPIVA

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... Index. Some 56% and 46% underperformed over the three- and five-year periods respectively. Appearing to turn the corner, A-REIT funds improved their underperformance rate to 69% over the full year following a challenging start to 2023. Over the 15-year ...

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
Warren Buffet praised his former right-hand man, Charlie Munger, as the "architect" of Berkshire Hathaway in its latest shareholder letter. In his tribute, Buffet acknowledged Munger for guiding him to acquire wonderful businesses at fair prices rather ...

REITs primed for investor cash amid uncertainty

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... real assets and chief investment officer, real estate securities Kelly Rush stated that the capital-intensive, long-duration REIT market is expected to benefit from falling interest costs and lower discount rates as real yields peak. "REITs provide defensiveness ...

Real asset cycle likely to return: Dexus

CHLOE WALKER  |  THURSDAY, 25 JAN 2024
... year." Dexus added that with the interest rate cycle expected to peak, further falls in bond yields should be positive for A-REIT pricing in 2024. "While a slowing in the economy is a consideration for occupier activity in the short term, a forecast ...

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
BWP Trust (BWP) and Newmark REIT Management, the responsible entity for Newmark Property REIT (NPR), have agreed to merge, subject to shareholder approval. Under the proposed merger, real estate investment trust BWP will offer to acquire 100% of NPR's ...

Cromwell downgrades assets by $192m

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... week, ASX-listed real estate fund manager announced a substantial devaluation in one of its strategies. Centuria's Office REIT also saw a massive drop in its valuation, shedding about $124 million. Twelve of its 22 investment properties were reviewed ...