General

Eight Parramatta Road sites have changed hands for a total of $41,805,000 amid increased demand from retailers seeking to expand their physical footprints post-pandemic.

The ASX200 AREIT Index this week was down -2.17%

With a lot of uncertainty in the market, a lot of people are sitting on their hands when it comes to property investments but smart investors have seen the opportunity and are looking at the long-term ROI when it comes to commercial property.

JLL Victoria Executive Director Capital Markers Director Josh Rutman said the change from stamp duty to an annual tax would likely have a stimulatory effect on property development.

The ASX200 AREIT Index this week was down -0.35%

The ASX200 AREIT Index this week was down -0.15%

The Federal Budget 2023-24 took square aim at addressing housing shortage and affordability, including incentives regarding Build-to-Rent (BTR) projects and broadening of the qualifications for first home buyers, both of which should prove an effective boost for the BTR and Residential markets.

The Property Council of Australia today welcomed the strong, cyclical economic results in the Federal Budget but warned the government must match its targeted approach to migration with the same focus on housing investment and better planning across the country.

The ASX200 AREIT Index this week was up 1.38%

The ASX200 AREIT Index this week was up 2.07%

The ASX200 AREIT Index this week was up 0.87%

Dexus Research today released the Australian Real Estate Quarterly Review Q2 2023. This report describes the outlook for Australia’s main commercial property markets.

The ASX200 AREIT Index this week was up 1.46%

Australian investors pulled more capital out of managed equity funds in the first quarter of 2023 than at any time since the beginning of the pandemic, according to the latest Fund Flow Index from Calastone, the largest global funds network. 

The ASX200 AREIT Index this week was up 0.8%