ASX:GDI

GDI PROPERTY GROUP

Pat Barrett

It was a solid reporting season for AREITs, with improvement in most key metrics and positive outlooks. The good news was the continuing strong demand for quality real estate, that saw asset values / NTA's rise, plus the strength of the Sydney and Melbourne office markets. A challenging retail outlook... Show More

Pat Barrett

...sure, there's no +13% returns on results day like NIB Holdings, but there's also none of the wild swings we've seen with Worley Parsons, or the -36% MTD falls for software group CSG. The REIT results display reliable income growth due to the contractual nature of the rental income. REITs... Show More

Mathan Somasundaram

Global markets are moving from deflation and low rates to an inflation and rate rising environment. Recovering economies will deliver growth while struggling economies will see capital outflows. The changing global dynamics will continue to push investors towards a better equilibrium between growth and yield. We see this transition driving... Show More

Pat Barrett

AREITs continued the good news story with some solid financial results and only a couple of disappointments, led by Cromwell (CMW). In late news Bunnings Property Trust (BWP) received news from their tenant Bunnings that they will exit up to seven existing sites. Essentially, Bunnings will replace some of its... Show More