Category Archives: Property stocks

Scentre Group Decent growth despite volatility in the market

Decent growth despite volatility in the market: Scentre Group (ASX: SCG) has reported a 2.4% growth in comparable Specialty sales for 12 months ended March 31, 2017 at an average price of $11,230 per square meter, led by the momentum in fashion, food retail, food catering, retail services and technology categories. The company has opened the first stage new fashion

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GPT Group Concluded liquidity review process for GWSCF

Concluded liquidity review process for GWSCF: GPT Group has recently concluded its liquidity review process for the GPT Wholesale Shopping Centre Fund (GWSCF) while reporting about liquidity requests for 78.5 million securities (2.4% of issued capital), during the liquidity review process. GPT has purchased around $116.6 million in securities in GWSCF and its purchase led to an increase in the group’s

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Lendlease Group’s Strong momentum expected going forward

Strong momentum expected going forward: Lendlease Group’s stock has moved up about 22% in last six months (as at May 29, 2017) and is peaking towards its high levels. The group has a globally diverse pipeline – development pipeline worth $49 billion, construction pipeline worth $20.5 billion and investments pipeline of about $28 billion. The group is getting boost from trends

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Aventus Retail Property Fund Acquisition of two large format retail (LFR) centres

Acquisition of two large format retail (LFR) centres: Aventus Retail Property Fund recently announced that Aventus Capital as responsible entity for the company has entered into an unconditional agreement to acquire two large format retail (LFR) centres located in Castle Hill and Marsden Park for $436 million. The acquisition will be partly funded from an entitlement offer. Particularly, the Responsible Entity

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BWP Trust has recently announced about successful pricing of a new AUD Medium Term Note mpact from lower lease expiry profile

Impact from lower lease expiry profile: BWP Trust has recently announced about successful pricing of a new AUD Medium Term Note (AUD$MTN) issue of A$110m unsecured fixed medium term notes (maturing in May 2022). BWP intends to use the proceeds for general funding and repayment of bank debt. For half year results to December 31, 2016, the group’s total income witnessed

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5 REITS – Are these good enough to stick with?

Impact from lower lease expiry profile: BWP Trust has recently announced about successful pricing of a new AUD Medium Term Note (AUD$MTN) issue of A$110m unsecured fixed medium term notes (maturing in May 2022). BWP intends to use the proceeds for general funding and repayment of bank debt. For half year results to December 31, 2016, the group’s total income witnessed

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