If house prices are falling as rapidly as some headlines impute, can we expect this to impact AREIT investors? Let’s begin by looking at the facts, rather than the headlines. Housing demand and supply ebbs and flows. Because of the lower barriers to entry there’s often volatility in residential housing. Show More
Australia's premium shopping centre portfolio, Scentre Group, owns great real estate in a sector that has huge barriers to entry (for their better retail assets), in strong locations, and with an extraordinary diversity of sources of income. This helps make the security of their earnings as attractive as any in... Show More
Everyone shops on the Internet these days, don’t they? That’s why Armageddon looms for retailers and therefore investors in retail property. If you’re looking for a reason why the share price of Retail AREITs in the ASX 300 are down 2.3% over the last two years, there’s your answer. Show More
It’s getting predictable isn’t it? The Donald tweets, the rest of the world reacts and equity markets shudder. Blame the 24-hour news cycle, event driven macro traders, fake news or almost anyone with an opinion (in my opinion). Show More
In the last decade, Melbourne, Sydney, Brisbane and Perth have become home to an additional 3 million people*. The rate of growth is unlikely to abate, either. Infrastructure Australia estimates population growth of 11.8 million people over the next three decades, much of it focused on Sydney and Melbourne, the... Show More
In December last year, Unibail-Rodamco (a major European listed property trust) made an offer to purchase Westfield Corporation. The offer to Westfield shareholders is based on a combination of cash and Unibail shares and Australian investors will be able to invest in the merged entity in the form of units... Show More
Westfield investors have a big decision to make. Should they approve or reject one of the biggest corporate transactions the Australian Real Estate Investment Trust (AREIT) market has ever seen? Show More
The retail sector faces Armageddon! Amazon’s arrival is killing lazy, inept local outfits, and online retail sales are booming. It’s just a matter of time before the tumbleweed rolls down the empty corridors of your local shopping centre... Show More
It’s a head scratcher alright. Over the past six months the ASX All Ordinaries index is up 9.37% while the ASX 200 index is up 8.56%. Despite recent negative headlines stocks are still higher than they were last August. Show More
Westfield shareholders have a big question to answer. In December 2017, Unibail-Rodamco (UL:NA UL:FP), a major European listed property trust, made an offer to purchase Westfield Corporation (ASX:WFD), based on a combination of cash and Unibail shares. Show More
On Tuesday, Unibail-Rodamco (AEX:ULA) announced it had entered into an agreement to acquire all of the outstanding shares in Westfield Corporation (ASX:WFD). This is Australia’s biggest ever acquisition, worth $32bn, and has naturally received widespread commentary. Show More
Imagine it. Your fund manager has just sold a stock that on almost every measure, from valuation and consensus to intuition and common sense, looks cheap. Why aren’t they buying rather than selling? Show More
We certainly will be Girshkumar.
GEOFFREY ADAMS - Haha- Good one!
MICHAEL CORNIPS - Agree. If a single share price falls – they do nothing. The impact occurs when the whole market moves – particularly when it moves in disparate ways. A big move up on one stock can magnify the downward move (in index representation) of another. Simple as that.