Groups

News on REITS & Property Groups

Aventus Revaluations

Aventus Group announced this week that the revaluation of the portfolio as at 31 December 2018 has resulted in an increase of $47 million ($25 million net of capital...

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Softening cap rates in SCA Valuations

SCA Property Group announced the results of its property valuations as at December 2018. Fifteen of the properties were independently valued and the twelve properties...

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Charter Hall Retail Refi

Charter Hall Retail REIT announced this week the successful completion of a $210 million debt refinancing. The existing FY21 debt facility was replaced with a $40...

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Charter Hall Long WALE buy Up Inghams

Charter Hall Long WALE Reit has agreed to acquire 27 Agri-logistics assets from Inghams for $200M. The assets which include Hatcheries, Breeder Farms and Feedmill...

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Centuria Industrial Acquisitions

Acquisitions Centuria Industrial REIT, has acquired two industrial assets for a combined value of $54.4 million and announced an underwritten accelerated non-renounceable...

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Charter Hall $600M Equity Raising

Charter Hall have raised a further $600M of equity from local and international institutional investors for their Prime Industrial Fund, which will take the fund...

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Starwood Revise offer for IOF

Australian Unity announced that it received a revised proposal from Starwood on Saturday, 24 November 2018 reflecting a revised offer consideration of $2.95 cash...

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Dexus & GIC Establish $2B Logistics Trust

Dexus announced this week the establishment of a new circa $2 billion unlisted trust that will invest in Australian logistics properties. The new unlisted vehicle...

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APN Property Group 2018 AGM

APN Property Group focus exclusively on commercial property and invest with a principal goal of generating excellent risk-adjusted returns for investors through...

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Growthpoint 2018 AGM

Growthpoint held it's AGM meeting this week and also announced the acquisition of 100 SkyRing Terrace and a capital raising process. Annual General Meeting Growpoint...

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Stockland Divests 2 Regional Assets

Stockland has sold 2 shopping centres in Bathurst and Caloundra for a combined $113.1 million at a 5% discounts to their book value, highlighting the challenges...

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Charter Hall Sells out of Newstead

Growthpoint Properties Australia has agreed to acquire Charter Hall's Newstead office tower for $250 million. The deal was struck on a 6.1 per cent passing initial...

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GPT Sells Highpoint Homemakers

GPT has sold the Highpoint Homemakers Centre in Maribyrnong to a private investor for $80.5M. The fully leased Homemaker Centre, opposite Melbourne’s Highpoint Shopping...

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