Opinion

Weekly Update 26/7/2021

Welcome to this week’s Property News. With Sydney heading into its 5th week of lock down, the pressure on the State & Federal Governments to enhance the economic support packages is increasing as more businesses face a more challenging setting without the JobKeeper program which assisted business in retaining key …

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Weekly Update 19/7/2021

Welcome to this week’s Property News. This week we released our summary of real estate transaction in Q2, 2021. The data shows a surge in real estate deals taking the total above $15bn for the 3 months to June 2021, a growth of over 24% on the same pre-pandemic period …

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Weekly Update 12/7/2021

Welcome to this week’s Property News. It was fairly slow week news wise in the Property Industry as most REITs are in a block out phase ahead of annual results to be announced in a few weeks. But of course, the news of Sydney going back into lock down took …

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Weekly Update 28/6/2021

Welcome to this week’s Property News. Strong valuations gains are being are being announced by many of the AREITs in the lead up to the end of the financial year. This week Dexus, Charter Hall, Aventus, and Vicinity announced their latest valuations. The key results, shown in the table below, …

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Weekly Update 21/6/2021

Welcome to this week’s Property News. As we edge nearer to the end of the financial year our RESourceData stats are suggesting that we will surpass $14bn of real estate transactions in the 2nd Quarter. This level of activity will surpass the previous record of $13.9bn set in the 3rd …

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Weekly Update 14/6/2021

Welcome to this week’s Property News. The retail market came back into the spotlight this week with the sale of a portfolio of neighbourhood and sub regional malls by the Lederer Group to IP Generation, reflecting a circa 6% yield. Meanwhile SCA Property Group announced the acquisition of Raymond Terrace …

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Weekly Update 7/6/2021

Welcome to this week’s Property News. The ASX hit 4 consecutive record highs this week despite a slump in commodity prices and inflation worries resurfacing in overseas markets. The largest gains this week were in the banking stocks which are recording likely to see higher earnings off the back of …

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Weekly Update 31/5/2021

Welcome to this week’s Property News. News this week that US Based Hines will acquire 50 Ann Street Brisbane for $210m is another strong endorsement for the Brisbane market. So far this year, Brisbane has seen over $1.1bn of major office asset sales with $210m being the magic number for …

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Weekly Update 24/5/2021

Welcome to this week’s Property News. The office markets were buoyed this week following Charter Halls $780m investment into the sector on an average passing yield of 5.2%. The properties are characterised by long leases to Commonwealth government or government supported tenant customers with an average WALE of 9.1 years …

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Weekly Update 17/5/2021

Welcome to this week’s Property News. This week was all about Government budgets. The Federal Governments expansionary budget will see tax cuts worth $29bn and support for the social services sector worth $33bn pump the economy, with growth expected to increase back to 2.5%, unemployment to drop below 5% and …

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Weekly Update 10/5/2021

Welcome to this week’s Property News. The quarterly results being presented by the AREITs continue to point to the ongoing weakness in the larger Shopping Centres and CBD’s exposed assets. SCentre and Vicinity are both struggling to see growth in customer traffic and as a consequence are being forced to …

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Weekly Update 3/5/2021

Welcome to this week’s Property News. This is our 200th Weekly newsletter and just like our first, we continue to search the market for property news so that we can keep our clients & readers better informed so that they can make better decisions about property. This week, a number …

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Weekly Update 26/4/2021

Welcome to this week’s Property News. First up, I wish to express my thanks to the service men and women who have fought for and defended Australia’s freedoms alongside other nations of the world. Freedom is one of our most valued assets. Few people would give up their lives for …

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Weekly Update 19/4/2021

Welcome to this week’s Property News. The naming of ESR & GIC as the purchaser of the Blackstone portfolio comes as no surprise, however the sharp 4.5% yield paid by the group is a surprise and establishes a new benchmark for valuations across the industry. More details about the transaction …

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Weekly Update 12/4/2021

Welcome to this week’s Property News. There was plenty of news this week about the resetting of rents in the retail sector with retailers claiming victory in securing discounts of -15% to -20% for new leases, especially in the harder hit CBD Centres. SCA Property Group and Charter Hall Retail …

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