Reading the financial press about the outlook for 2019? If so, you’ve probably got another reason to stay on holiday for as long as possible. According to some, an outlook as wintry as the GFC is upon us. Less concerned types are predicting an ‘extremely tough year’. Great. Show More
Remember Clive Dunn, star of BBC post-war sitcom Dad’s Army? His character, Lance Corporal Jones, would descend into a state of hysteria at the first mention of Hitler. “Don’t panic, don’t panic”, he would shout at his card-playing comrades, embodying the reaction he was urging them to avoid. Show More
In investing, there’s real value in knowing how much something is actually worth. And nothing better illustrates that fact than the three-year tussle for control of Investa Office Fund (IOF), a now former holding of the APN AREIT Fund. Show More
The Australian Real Estate Investment Trust sector’s total return of 13.2% for the 2018 financial year might get investors a little excited, especially with earnings growth of 3.4%1 over the period. Here we summarise the 3 key themes from reporting season and run through each of the main sub-sectors. Show More
Aventus Retail Property Fund offers a quality, active management team that is consistently seeking to maximise returns from a well-diversified portfolio of assets valued at almost $2b. A 7%+ distribution yield sourced from defensive income is attractive to yield-focused investors. We cover the key takeouts here from today's announcement, and... Show More
The battle for Investa Office Fund (IOF) hasn’t lasted quite as long as the Anglo-French 100-year war but it’s beginning to feel like it might. Since December 2015, when Dexus lodged a bid for the office property specialist, there have been four further attempts to gain control of the company,... Show More
Offer was 4% above NTA and 11% above last closing. Stock had been trading 10-15% disc to NTA over prior 3 months. However APN feels there is further value + future growth investors should reasonably be rewarded for. Not sure what Directors strategy is except to say transaction has other considerations not addressed in this article.