Alphinity Investment Management

Companies exposed to Australia's housing market will continue to gather momentum, as effects of low interest rates, the pick-up in building approvals and net immigration are felt across the industry. Investors can expect activity in housing markets to continue to strengthen. Principal and Lead Portfolio Manager Mr Carlberg said: We are seeing strong signals of activity picking up in the housing sector, and we should see two to three years of strong construction activity. Getting pure exposure to housing construction activity in equity markets can be a challenge, so we find that a basket approach works best. We see further potential in companies like building materials supplier CSR, and property developer Lend Lease which holds a number of key redevelopment projects in its order book, including Barangaroo and the Sydney Entertainment Centre.


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