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Showing 1 - 10 of 806 results for "REIT"

Barrenjoey, Scentre Group establish jointly managed fund

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
... Tree Plaza deal represents South Australia's largest regional shopping centre transaction since November 2019, when Paragon REIT and MA Financial took out a 50% stake in Westfield Marion for $670 million from the Lendlease-managed Australian Prime Property ...

US looks towards rate cuts, Australia lags behind

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
A raft of economic data came out from the US overnight with US Federal Reserve chair Jerome Powell indicating the US could cut interest rates at least once this year. A lower-than-expected May CPI print was encouraging, but the FOMC still kept its funds ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
More than a year on from a Treasury consultation on giving victims of child sexual abuse access to their abuser's superannuation for compensation purposes, little headway has been made. At the same time, experts say the government's proposals ...

REIT returns to come back strong: Expert

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
... in the wake of a higher interest rate environment globally, but times are changing according to one expert. Dexus Global REIT Fund portfolio manager David Kruth told Financial Standard that while on the surface it may appear that REITs have been underperforming ...

Cromwell gets $457m for European funds platform

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
... Cromwell Property Group is selling its European fund management platform, including its Italy Urban Logistics Fund and European REIT, to Stoneweg. Cromwell said the transaction, which is valued at $457 million, is a part of its broader strategy to simplify ...

S&P/ASX200 tipped to hit 8300: VanEck

KARREN VERGARA  |  TUESDAY, 23 APR 2024
The S&P/ASX200 is set to rise nearly 10% to 8300 by the end of the year, VanEck predicts, as Australia will also continue to avoid the "most anticipated recession" that never happened. Australia's blue-chip stocks are poised to surge further after ...

Centuria shakes up senior investments team

KARREN VERGARA  |  FRIDAY, 12 APR 2024
... healthcare, and agricultural sectors. He was previously head of industrial and the fund manager of the Centuria Industrial REIT (CIP). Before joining Centuria in 2019, he worked at Dexus, Goodman, and CBRE. Grant Nichols has been promoted to head of ...

Morningstar warns of stretched valuations in Australian equities

ANDREW MCKEAN  |  TUESDAY, 9 APR 2024
The Australian equity market is slightly overvalued following a strong rally, according to Morningstar's Q2 2024 outlook. The S&P/ASX 200 benchmark has climbed about 15% from its October 2023 lows to hover around 7800, signalling what Morningstar called ...

Powell confirms rate cuts likely 'at some point' this year

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... Global Investors principal and portfolio manager Chris Bedingfield said rate cuts in the US could spur a bounce in the global REIT sector. Bedingfield said it could lead to good opportunities in residential property, senior housing and brick and mortar ...

Charter Hall acquires stake in hotel REIT

KARREN VERGARA  |  TUESDAY, 2 APR 2024
Charter Hall Group is paying $96.9 million for a stake in a REIT that invests in hotels, pubs, and motels across Australia. The joint venture between Charter Hall and its Charter Hall Retail REIT (CQR) bought the 14.8% stake in Hotel Property Investments ...
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