August 2022
CBRE revenue points to slowing market
The local offshoot of the global commercial agency says rising borrowing costs are crimping activity, but low debt levels give many companies a buffer.
- Michael Bleby
February 2022
Acquisitions, cheaper debt drive upgrade at HomeCo Daily Needs REIT
The earnings upgrade came as HomeCo Daily Needs REIT prepares to finalise its $3.2b merger with Brett Blundy’s Aventus Group.
- Larry Schlesinger
October 2021
- Opinion
- Chanticleer
Deal frenzy driven by what’s coming next
Australia’s likely record year for M&A is being driven by boards and management teams readying for a decade that looks very different to the one just gone.
- James Thomson
Di Pilla’s HomeCo fund strikes $3.2b merger with Aventus
Both listed property trusts have fared relatively well through the disruption and their merger is timed to perfection to take advantage of the reopening bounce.
- Nick Lenaghan
HomeCo taps three banks for $2.8b Aventus takeover
The busy HomeCo has signed its biggest deal yet.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
August 2021
‘Click and collect’ keeping Aventus tenants trading
Aventus CEO Darren Holland said the number of tenants offering click and collect services had at least doubled since the lockdown took effect in NSW.
- Larry Schlesinger
July 2021
Brett Blundy selling $91 million Aventus block
Brett Blundy is selling a significant stake in Aventus.
- Sarah Thompson, Anthony Macdonald and Yolanda Redrup
June 2021
Blundy’s Aventus hits new high as homemaker centre values soar
Homemaker centre values rose 12 per cent in the six months to June 30 across the 20 large-format properties owned and managed by Rich Lister Brett Blundy’s Aventus.
- Larry Schlesinger
May 2021
Aventus set for $200m valuation boost after bumper mall sale
Analysts expect the mall landlord’s portfolio value will rise by 10 per cent once independent valuations are completed in June.
- Larry Schlesinger
Seven left-field ideas for housing-related investing
Canny ways to profit from the housing boom include buying into property lenders, self-storage property trusts and emerging telco providers.
- Tony Featherstone
February 2021
Housing boom lifts homemaker centre landlord Aventus
Visits to homemaker centres owned and operated by Aventus hit a record high of 44 million in 2020, benefiting tenants like Bunnings, Harvey Norman and JB Hi-Fi.
- Larry Schlesinger
January 2021
A-REITs primed for growth in 2021
Analysts are unanimous in tipping real estate investment trusts to perform strongly in 2021, but have differing opinions on which stocks to add to your portfolio.
- Larry Schlesinger
October 2020
Big-spending budget lifts many boats
The federal budget largesse will boost consumption, a benefit that will ultimately flow through to some retail landlords as well as logistics property owners.
- Nick Lenaghan
August 2020
Big box Aventus centres defy the downturn
Spending of household goods has helped Aventus homemaker centres ride through the pandemic relatively unscathed.
- Nick Lenaghan
Aventus wins battle of big box landlords
The long-running dispute related to Home Consortium's plans to sub-lease a former Masters Home Improvement warehouse within an Aventus homemaker centre.
- Larry Schlesinger
June 2020
HomeCo, Aventus on the rise as large-format malls defy downturn
Home Consortium CEO David Di Pilla said the group had not experienced the significant dip that the large malls have experienced during the pandemic.
- Larry Schlesinger
May 2020
Brett Blundy resigns from Aventus, Accent
Blundy, worth $2 billion according to the 2019 Financial Review Rich List, is the largest Aventus shareholder, with his 28.9 per cent stake worth over $300 million.
- Nick Lenaghan
Rich Lister Brett Blundy waives pay as Aventus tightens belt
While all 20 Aventus homemaker centres are open and the majority of its tenants are trading, Mr Blundy has joined senior staff in taking a pay cut.
- Larry Schlesinger
February 2020
Home Consortium to spin off 'substantial' health and wellness REIT
More than a fifth of Home Consortium's tenants are service-based retailers like gyms, childcare centres and medical centres which could be carved off into a new REIT.
- Larry Schlesinger
'Affordable' rents: Homemaker centres outperform struggling malls
Rents in an Aventus homemaker centre average $317 per square metre, less than half of what it costs to rent a shop a neighbourhood shopping centre.
- Larry Schlesinger