August 2021
Industria REIT snags record profit as values rise
The $720 million property trust will soon be renamed the Dexus Industria REIT after Dexus completed its takeover of listed fund manager APN Property.
- Nick Lenaghan
August 2019
APN Industria REIT forecasts distribution growth as portfolio expands
APN Industria REIT has been steadily gaining momentum, with its net property income up around 7 per cent to $40.5 million in the 2019 financial year.
- Nick Lenaghan
February 2019
Solar investment delivers 15 per cent return for Industria REIT
An investment in solar panels has delivered a 15 per cent return on costs for business park and warehouse owner Industria REIT.
- Larry Schlesinger
February 2018
Industria REIT on track after WesTrac
The $400 million Industria REIT has booked a big uplift in earnings after buying a Westrac facility
- Updated
- Nick Lenaghan
August 2017
Takeover target Industria REIT delivers on profit
Industria REIT is getting on with growth while it waits to see if Growthpoint will pursue a takeover.
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- Nick Lenaghan
Industria REIT revalues portfolio as Growthpoint looms
Industria REIT will book a 15 per cent gain in its commercial property portfolio on the strength of its rental income and tightening capitalisation rates.
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- Nick Lenaghan
July 2017
Industria REIT takes a shine to Queensland sun
Industria REIT is taking advantage of the Queensland sun to lower its power bills with a solar panel set-up in Brisbane.
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- Nick Lenaghan
Growthpoint likely to raise capital for full Industria takeover: Macquarie
Growthpoint is likely to raise capital, make a full takeover bid and delist industrial and office property landlord Industria REIT, Macquarie says.
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- Matthew Cranston
April 2017
360 set to raise more than $40m with Industria in sights
The 360 Capital Total Return Fund will be raising more than $40 million but there could be pressure from investors.
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- Matthew Cranston
October 2016
New Industria chief will be 'patient' on deals
Industria REIT will be patient about further transactions after a $160 million deal that transformed the property fund.
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- Nick Lenaghan
August 2016
Industria REIT boosts occupancy in tough markets
Industria REIT has pointed to weak rental growth, and a struggle to absorb supply, in most of its markets, except for Sydney.
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- Robert Harley
November 2015
Parisi bows out of Industria REIT
The $250 million Industria REIT has parted ways with its fund manager Laurence Parisi as the stock battles with poor performance and potential predators.
- Nick Lenaghan
September 2015
Aventus Property lobs $20 million pill in coming float
Prospective investors have raised concerns about a $20 million-plus poison pill in the coming float of Brett Blundy's homemaker centre landlord Aventus Property.
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- Matthew Cranston
December 2014
Ingenia Communities Group tops BDO trust performance survey
Specialist property vehicles, with portfolios based in pubs, healthcare, senior living and childcare, are among the top performers in the listed trust sector.
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- Nick Lenaghan
November 2014
Property briefs
Industria REIT, which owns industrial property and business parks in Sydney, Melbourne, Brisbane and Adelaide, confirmed half-year distribution per security guidance of 8.36 cents to be paid in February at its Thursday annual meeting.
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September 2014
Property briefs: Appin Valley lots sold
Lang Walker’s Walker Corporation has sold all 336 lots in the first stage of its Appin Valley master planned community in the Wollondilly Shire in Sydney’s far south west in just on a year.
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June 2014
Property stock targets offer hidden value
Stockland may have lost out in its bid for smaller rival Australand following a higher bid from Singapore-listed Frasers Centrepoint, but there will at least be a consolation prize – and a lesson for retail investors.
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- Larry Schlesinger
March 2014
Broker’s pitch to new 360 Capital fund investors
360 Capital Office Fund’s brokers are at pains to explain why their $155 million initial public offering will not flop like other recent property floats, ahead of Friday’s book-build.
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- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
January 2014
New A-REITs lose their IPO sparkle
Retail investors have shown little appetite for a handful of new property trusts which listed on the Australian Stock Exchange in the final quarter of 2013.
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- Larry Schlesinger
December 2013
GDI Property slips on debut
Property trust GDI Property has taken a substantial hit on its stockmarket debut, despite a rise across the broader market.
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- Nick Lenaghan