Goodman Group Profit Up 16% in H2 2020 February 19, 2021 – Goodman Group announced its results for the half year ended 31 December 2020. The Group delivered an operating profit of $614.9 million (US$478.7 million), up 16% on the prior corresponding period. Group Chief Executive Officer, Greg Goodman said: “The logistics and warehousing sector are playing …
Vicinity Centres Report 55.8% Decrease in H2 2020 DPS February 17, 2021 – Vicinity Centres declared a distribution per security (DPS) for the half-year ended 31 December 2020 of 3.4 Australian cents, down more than half from the 7.7 Australian cents seen in the same half-year period in 2019. Vicinity Centres said the reduced distribution …
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GPT Group Announces 15% Full Year DPS Decline In 2020 February 15, 2021 – GPT announced that its distribution per security (DPS) hit 22.5 cents per security for the full year 2020, down from the 26.48 cents per security seen in the same full year period in 2019. Likewise, the The GPT Group announced that …
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Charter Hall Social Infrastructure REIT’s H2 DPU 2020 Down 10.2% February 11, 2021 – Charter Hall Social Infrastructure REIT reported that its distribution per unit (DPU) in the second half of 2020 hit 7.5 Australian cents, 10.2% lower than the 8.35 Australian cents seen in the same second half period in 2019. The REIT recorded …
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Dexus H2 2020 DPU Up 6.7% Despite Pandemic February 9, 2021 – Dexus announced its results for the half year ended 31 December 2020, confirming a distribution of A28.8 cents (22.26 US$cents) per security. Among the other highlights of the second half 2020 report include: Net profit after tax of A$442.9 million (US$342.28 million). This was …
Charter Hall Group Partners With QuadReal To Acquire Brisbane CBD Development Site February 4, 2021 – Charter Hall Group announced its partnership with global real estate investor QuadReal, to acquire one of the largest remaining Brisbane CBD development sites, located within the heart of the North Quay renewal precinct. This acquisition further extends the Charter …
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Dexus Announces Two Built-To-Lease Commitments February 3, 2021 – Dexus announced that it has secured two built-to-lease commitments for warehouse and office facilities across 22,200 square metres at Freeman Central, resulting in 65% of the first stage of the estate leased at completion, including: Third-party logistics operator, ACR Supply Partners, across 12,200 square metres, enabling …
Colliers International Appoints New Chief Executive Officer For Australian Business January 22, 2021 – Colliers International announced that Malcom Tyson has been appointed as Chief Executive Officer in Australia. Tyson has been a senior member of Colliers’ Australian and New Zealand Executive Leadership team since 2005 and held a variety of executive and operational roles. …
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Charter Hall CEO’s Eye for Deals Propels Property Giant to $45 Billion Value (Brisbane Times) December 21, 2020 – As COVID-19 laid waste to Australia’s borders and investor fear halved the value of the Australian sharemarket’s A-REIT index earlier this year, property powerhouse Charter Hall went on a buying spree. Ploughing on through the national …
Macquarie Kicks off APN Industria REIT Raising for Acquisitions (Australian Financial Review) December 10, 2020 – ASX-listed property fund APN Industria REIT was seeking an equity top-up on Thursday morning to fund four acquisitions. The company was looking for $35 million in fresh funds via a placement of new shares, and had tapped Macquarie Capital …
