Tread alternative path for decent returns, says US fund manager
One time investment banker turned fund manager Al Rabil believes buying conditions in international property markets present the best opportunities he has seen in years.
One time investment banker turned fund manager Al Rabil believes buying conditions in international property markets present the best opportunities he has seen in years.
The housing developer with a former Wallaby captain at the helm needs fresh blood on the board to turn it around, a prominent Queensland investor says.
Funds house Fawkner has swooped on a Wollongong shopping centre, picking it up from a Singaporean company for $192m.
A new deal shows investors are still keen on well-placed buildings in capital cities — and they can pick them up at a discount.
The listed office fund was once a takeover target, but now plans to quietly leave the ASX after selling its assets.
After a string of big acquisitions and amid significant investor demand, David Di Pilla’s new REIT will list with an IPO of $2.75bn and global ambitions.
The pair will overhaul the well-known centre in the heart of Sydney’s CBD.
Investment giant and superannuation fund Aware has bought into a major tower in Brisbane’s CBD from a venture run by heavyweight Dexus.
Listed groups headed by Dexus, GPT and HMC Capital are leading the charge back into buying large shopping centres.
Global investment manager BGO has paid about $580m for a Sydney CBD office tower as it bets on the top end of the market.
Original URL: https://www.theaustralian.com.au/author/ben-wilmot/page/5