September 3, 2010

GPT back in the black

LISTED property trust GPT Group has recovered from its Babcock & Brown-induced $1.2 billion loss of a year ago.

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GPT back in the black

Profits: Stockland Up

Stockland, Australia’s#160;biggest residential property trust, might have stormed back#160;to full-year profit because of#160;increased sales in its residential communities business, and no asset impairment

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Profits: Stockland Up

Bill Harcourt: Why not do our own investment analysis?

The listed Bunnings Warehouse Property Trust that owns Bunnings buildings is an excellent, long-term super investment. THERE is nothing as infuriating as acronyms, particularly in finance. CFDs …

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Bill Harcourt: Why not do our own investment analysis?

Stockland’s mature move

Stockland’s bid for Aevum sits well with Matthew Quinn’s planned focus on retirement living and residential communities. It also signals more consolidation in the listed property trust sector.

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Stockland’s mature move

Macquarie seeks offers for Spirit

MACQUARIE Group is seeking offers of about $US3.5 billion for the US-based property trust Spirit Finance, Bloomberg News reported today.

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Macquarie seeks offers for Spirit

Listed trust earnings remain flat

AUSTRALIA’S $71 billion listed property trust sector is expected to report minimal earnings growth and lower distributions.

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Listed trust earnings remain flat

MIF wins higher bid

A US property trust has increased its offer for MacarthurCook Industrial Property Fund. CommonWealth REIT raised its bid by 7.3 per cent to over $A43 million. The fund has 10 …

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MIF wins higher bid

Shopping centres lucrative for CFX

FOUR shopping centres have contributed $76.5 million of the $120.5m valuation gain of the Colonial First State Retail Property Trust (CFX).

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Shopping centres lucrative for CFX

Property trust backs equity raising

LISTED property trust GPT Group will participate in its unlisted office fund’s $400 million equity raising, taking up its entitlement of about $136m.

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Property trust backs equity raising

Trusts ready for risk again

AUSTRALIA’S $70 billion listed property trust sector is expected to again push into riskier markets in a bid to boost stagnant earnings.

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Trusts ready for risk again