August 17, 2023 – Goodman Group delivered full-year to June 30 operating profit of A$1.78 billion, up 17% on the year earlier period. Operating earnings per security (EPS) was 94.3 Australian cents, up 16% on the same period last year. Its gearing was at 8.3%, compared to 8.5% in FY22. The group also has available liquidity …
August 20, 2023 – Vicinity Centres reported a full-year to June 2023 net property income of A$900.2 million, up 12.1% from a year ago. The distribution per security was 12 cents, up from 10.4 cents in the year-earlier period, the company said in a statement. Portfolio retail sales climbed 8 in the second half of …
Vicinity Centres’ FY2023 Net Property Income Up 12.1%, DPS Rises 15% Read More »
June 23, 2023 – HealthCo said in a statement that it has received unitholder approval on three resolutions, paving the way for the REIT and a newly established Healthcare and Life Sciences Unlisted Fund to acquire 11 private hospitals leased to Healthscope, Australia’s second-largest private hospital operator, for A$1.2 billion. The first resolution is a special …
HealthCo Gets Unitholder Approval On Healthscope Private Hospital Acquisition Read More »
July 24, 2023 – Dexus said it had successfully raised A$220 million for its healthcare real estate fund, Dexus Healthcare Property Fund (DHPF). DHPF’s equity raise was fully subscribed, with existing investors accounting for circa 65% of the new capital. The fund has a diversified register and has raised A$1.3 billion from 16 institutional investors …
Dexus Raises A$220 Million in New Equity For Its Healthcare Fund Read More »
Aug 4, 2023 – Australian listed US Masters Residential Property Fund (URF) has purchased another 306,036 units, adding to the 26 million securities bought back previously, according to a stock exchange filing. Launched in 2011 by Evans Dixon (now E&P Financial Group), URF invests in residential property in the US. Its unit price has been …
US Masters Residential Property Fund’s Share Buyback Read More »
Jan 24, 2023 – ESR- LOGOS REIT will divest seven non-core assets in Singapore and Australia for approximately S$337 million (excluding divestment costs and applicable goods and services tax). Earlier in the year, E-LOG completed a S$300 million equity fundraising and completed the divestment of 49 Pandan Road in Singapore. The proposed transactions will help to reduce …
ESR-LOGOS REIT To Divest Seven Non-Core Assets Aggregating S$337 Million Read More »
June 10, 2023 – Dexus announced that it has exchanged contracts to sell a Sydney CBD A grade office building at 44 Market Street, Sydney. The sale will realise proceeds of A$393.1 million, reflecting a 17.2% discount to the December 2022 independent valuation. The sale is subject to FIRB approval and is otherwise unconditional. Settlement …
Dexus Sells 44 Market Street In Sydney For A$393.1 Million Read More »
May 27, 2023 – Abacus Property Group has proposed a de-stapling to create a new Australian Securities Exchange (ASX) listed self-storage REIT to be known as Abacus Storage King (ASK). Abacus will remain listed on the ASX under a new ticker code, and be known as Abacus Group, according to a stock exchange filing, The …
Abacus Property To Spin-off A$3 Billion Self-storage Assets into Listed Trust Read More »
May 13 – Frasers Logistics & Commercial Trust (FLCT) reported revenue of S$208.0 million and adjusted Net Property Income of S$155.9 million for the first half to March 2023, representing decreases of 11.7% and 13.4% respectively, from S$235.7 million and S$180.1 million in the corresponding financial period, its manager said in a statement. The year-on-year …
Frasers Logistics & Commercial Trust H1 To March DPU Down 8.6%, Sees Uncertain Outlook Read More »
May 13 – AIMS APAC REIT’s distributions to unitholders for the full year ended March 31, 2023 rose 6.5% year-on-year to S$71.6 million. Distribution per Unit (DPU) for FY2023 was 9.944 Singapore cents, representing a 5.1% year-on-year growth and a distribution yield of 7.5%, the manager said in a statement. AIMS APAC REIT remains cautious about …
AIMS APAC REIT Posts 5.1% Increase in Full-Year DPU Read More »