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Showing 1 - 10 of 191 results for reit asx

Morningstar warns of stretched valuations in Australian equities

ANDREW MCKEAN  |  TUESDAY, 9 APR 2024
... 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 ...

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 ...

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 ...

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 ...

Centuria REIT valuation dives $124m

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2024
About $124 million has been shaved off the value of Centuria's Office REIT. Conducting its half-year external valuations, Centuria Office REIT had 12 of its 22 investment properties - about 49% by value - reviewed as at 2023 end. It said the result ...

Three actively managed funds shutter

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
... to 110 local equities, is shuttering after 14 years. It returned 11.6% in the year to June 2023 and aimed to beat the S&P/ASX 300 Accumulation Index. Total returns since inception stood at 7.9% as at September. The fund's responsible entity Australian ...

Smart beta 'taking over' active management share: VanEck

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... low fees," Neiron said. "Active managers can no longer afford to ignore the popularity or the features of smart beta ETFs." ASX data indicates that despite growth in the number of active ETFs - from six in 2015 to 90 today - net flows into these active ...

Global X launches US tech ETF

CHLOE WALKER  |  WEDNESDAY, 23 AUG 2023
... with a management fee of 0.24% per annum - as much as half what customers are paying for other similar ETFs quoted on the ASX. Global X ETFs Australia chief executive Evan Metcalf said the new fund brings important exposure to US-based tech heavy innovators ...

Waypoint REIT cops $27.1m devaluation

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
The Waypoint REIT revealed a net reduction in portfolio value of $27.1 million or approximately 1% in ASX filings. Half-year investment portfolio valuations were carried out on 78 properties and directors' valuations on 324 properties which resulted ...

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
... the US, has been noticeably weaker. As of May 31, the APRA MySuper index for Australian listed property, the S&P/ASX 300 A-REIT, yielded a one-year return of 2.25%. In contrast, the FTSE EPRA Nareit Developed ex Australia Rental index, the indices applied ...
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