A new perch for the eagle-eyed investor
Business SpectatorIndustriesRob BurgessThe unitised trading of individual residential properties, as described previously (Bringing homeowners the bacon, December 24), looks likely to cause quite a...
View ArticleCapital city home values surge
By a staff reporter, with AAPCapital city home values rose at their fastest pace for four years in calendar 2013, according to the RP Data-Rismark Home Value Index.The index showed home values in...
View ArticleThe Middle Kingdom’s Australian frontier
EconomyChinaRobert GottliebsenStart to prepare for a new era in the Australian Chinese relationship. For the last couple of decades every time we thought of China we have tended to examine trends in...
View ArticleWestfield split a hard sell: report
The split of Westfield's international and domestic operations will enter crucial territory in coming weeks as the Lowy family and senior Westfield executives look to sell the deal to "hostile"...
View ArticleSydney to avoid house bubble
House price growth in Sydney is expected to moderate in 2014 with the risk of a bubble forming downplayed by economists and the housing sector, according to The Australian Financial Review.The chief...
View ArticleGPT lifts CPA voting power
By a staff reporter, with AAPGPT Group Ltd has increased its substantial holding in Commonwealth Property Office Fund Ltd (CPA), despite CPA advising its shareholders to reject GPT's takeover bid just...
View ArticleForeign demand tipped to push house prices higher
AAPExpats and foreign investors could push residential property prices even higher this year as the falling Australian dollar prompts offshore buyers to enter the market.A combination of low interest...
View ArticleDexus nears CPA win
Dexus Property Group and partner the giant Canada Pension Plan Investment Board appear to have won the battle for the $4 billion Commonwealth Property Office Fund (CPA), with rival GPT Group to walk...
View ArticleHomeowners lock in rates
By a staff reporterDemand for fixed rate home loans has surged to levels last seen five years ago as borrowers look to capitalise on a record low cash rate.The latest figures from mortgage broker...
View ArticleThe rewards of a pragmatic GPT-Dexus truce
IndustriesPropertyStephen BartholomeuszHaving put in place a rather attractive consolation prize, what will GPT Group’s Michael Cameron do next?On Monday evening, GPT and its rival bidder for...
View ArticleGPT eyes new target
GPT Group is likely to turn its attention to another target after this week striking a deal to carve off nearly $1.2 billion of property in the battle for Commonwealth Property Office Fund, according...
View ArticleTriguboff eyes Melbourne expansion
Rich lister Harry Triguboff is looking to grow his serviced apartment chain through the purchase of its first site in Melbourne, according to The Australian.Mr Triguboff said his company, Meriton...
View ArticleWRT investors say split costs $1.5 bln too much
Institutional investors in Westfield Retail Trust calculate that they are overpaying by $1 billion to $1.5 billion under a current restructure proposal and want the Lowy family to adjust the ratio on...
View ArticleHousing finance beats forecasts in November
By a staff reporter, with AAPThe demand for home loans rose slightly more than expected in November, according to the Australian Bureau of Statistics.The data showed the number of home loans granted in...
View ArticleGPT rules out lifting CPA bid
By a staff reporterGPT Group Ltd has ruled out increasing its off-market takeover offer for Commonwealth Property Office Fund (CPA), in a development that will likely see it bow out of the ongoing...
View ArticleREA buys tenancy service
By a staff reporterReal estate classified service REA Group Ltd has acquired a rental application service for $15 million.In a statement to the Australian Securities Exchange, the group that owns...
View ArticleGPT quits CPA race
GPT Group will seek out new targets across the Australian property landscape after yesterday choosing to walk away from its surprise takeover play for the Commonwealth Property Office Fund (CPA) with...
View ArticleBlowing down 'as safe as houses'
IndustriesPropertyCallam PickeringInvestor activity continues to drive the housing market. But is Australian housing a good investment? Not if the past decade is any indication.The value of housing...
View ArticleProperty confidence at record high
The confidence level of the nation’s property industry has hit a fresh high as the sector expects to benefit from strong house price growth, a new survey has found.The Property Council/ANZ Property...
View ArticleAveo plans $500 mln asset sales
Listed property and aged-care developer Aveo Group is preparing to put about $500 million in residential and office assets on the market this year as it moves to become a pure-play retirement group,...
View Article