Property

  • GPT is no Centro or Allco, says chief

    GPT Group chairman Peter Joseph and his chief executive Nic Lyons have strongly defended the group - and their own positions - in the wake of Monday's substantial downgrade to earnings and market sell-off.

  • Investors worry as analysts forecast a bleak future

    The GPT Group yesterday came under pressure from investors worried about its debt position, with many expecting it may be forced to raise equity.

  • Unlisted property funds in ASIC sights

    The $74 billion unlisted mortgage and property scheme sector will face greater scrutiny after the corporate regulator released proposals for guidelines forcing more disclosure of potential risks to investors.

  • Plan for PIF worth 65ยข in the dollar

    Wellington Capital's nationwide sales pitch to investors in the crippled Premium Income Fund is picking up momentum following another marathon meeting in Melbourne yesterday.

  • Brief: GPT Group

    Corporate news shapshot for GPT Group

  • Brief: Colonial Property Office Fund

    Corporate news snapshot for Colonial Property Office Fund

  • Brief: The Prime Retirement & Aged Care Property Trust

    Corporate news snapshot for The Prime Retirement & Aged Care Property Trust

  • Dispute after warehouse contract change

    GEO Property Group, which was once associated with the former MFS group, has reduced debt with the sale of three Victorian and Queensland properties for a combined $17.5 million.

  • Allco exits Singapore unit

    The troubled Allco Finance Group yesterday sold its main Singaporean real estate business, Record Realty Trust, for $S180 million ($138 million) to Singaporean group Frasers Centrepoint as more concerns emerged over Allco's Australian business.

  • Lend Lease's US, UK wins

    Lend Lease has had two wins with public-private partnerships in the United States and Britain.

  • Data centres too hot to handle

    Power-hungry data centres and computer rooms are posing a major challenge to efforts to improve the green credentials of buildings.

  • Low supply powers Brisbane prices

    A lack of stock has pushed the price of new apartments in Brisbane's CBD up 23 per cent during the first three months of the year.

  • Takeover bid for Macquarie partner

    The largest office landlord in central Los Angeles, Maguire Properties, had received an unsolicited takeover bid of about $US20 ($21) a share, investor Daniel Loeb said yesterday

  • Builders lose confidence

    Builders are losing confidence in the economy as the housing sector slows.

  • ANZ trust in Hobart

    The listed ANZ Rabinov Property Trust settled a deal yesterday to buy the Hydro Tasmania Consulting office building at Cambridge Park near Hobart for $34 million.

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