Ingenia Communities Group announced this week that the Group has completed the acquisition of ‘Bevington Shores Lifestyle Village’ identified in the October 2019 equity raising.
Bevington Shores is an established community of 190 units built over 5.8 hectares in a prime...
Aventus Group announced that the gross revaluation of its portfolio of large format retail centres as at 31 December 2019 has resulted in an increase of $38 million ($20 million net of capital expenditure).
On a portfolio $1,935m, the net valuation gain of just $20m rep...
The ongoing strength in the office and industrial markets has been reflected in the latest set of valuation numbers at Dexus with an increase of $656 million or circa 4% on the June 2019 book values.
Dexus revalued 109 of its 118 assets, comprising 43 office properties...
Cromwell have responded to ARA's moves at their recent Board meeting by appealing to the Takeover Panel to seek orders against ARA for not disclosing aggregated interests of over 35%.
As at 4 December 201 Cromwell securities were held by ARA Real Estate Investors XXI Pt...
The listed Investec Australia Property Fund has sold its Fortitude Valley office block to Hong Kong interests for $94m, as investor appetite for Brisbane office buildings continues to strengthen.
The 11-storey A Grade office at 757 Ann Street was completed in 2014 and c...
GDP numbers out on Wednesday showed an economy growing at 1.7 per cent, up from 1.4 per cent last quarter.
Across the country, the figures show that household consumption growth slowed in the quarter to 0.1 per cent, taking the annual rate lower to 1.2 per cent.
Residential construction in NSW and QLD continue to bear down on the total construction industry across the country with a 5th quarterly decline in total construction.
The ABS's Quarterly Construction Activity for the September 2019 showed that the seasonally adjusted...
Business conditions rose 1pt in October to +3 index points – around half the long-run average of 6 index points. The tick up was driven by an increase in trading (now +7 index points) and profitability (now 0 index points) in the month. The employment index was unchang...
The Westpac-Melbourne Institute Index of Consumer Sentiment rose 4.5% to 97.0 in November from 92.8 in October.
This rise in the Index follows a sharp 5.5% fall in October. The pattern of confidence falling in response to a rate cut and recovering when the RBA remains o...
