Infrastructure and real estate
CSR (ASX:CSR) shares gain as net profit jumps by 20%
May 11, 2022 03:06 PM AEST| By Sonal GoyalHighlights: CSR marked 20% surge in net profit after tax in 2022. Building products business reported 24% increase in EBIT. CSR announced full year dividend of 18 cents per share. Shares of CSR Limited (ASX:CSR) gained on the ASX after th.....
How did REA Group (ASX:REA) perform in FY22 third quarter?
May 06, 2022 12:11 PM AEST| By Sukriti NairHighlights: REA Group announces results for nine months ended 31 March 2022. Continued high demand for property and record take-up of premium products gave strong results. REA anticipates growth in Q4 based on positive residential property mar.....
Dexus (ASX:DXS) lifts distribution guidance, shares gain
May 03, 2022 11:45 AM AEST| By Priyanka PayalHighlights Dexus Property Group has shared its March 2022 quarter update today. The Group has raised its distribution guidance to at least 2.5% in FY 2022. Following this development, Dexus shares were spotted trading 0.228% higher at AU$10.95.....
Mirvac (ASX:MGR) delivers strong Q3 FY22 results; reaffirms EPS
April 28, 2022 01:00 PM AEST| By RitwikaHighlights: Mirvac has maintained its operational momentum during Q3 FY22, despite facing several challenges. As a result, the company could reaffirm its EPS for FY22. The company further expects to deliver better results in the up.....
Dexus (ASX:DXS) shares gain on deal with Collimate Capital
April 27, 2022 04:06 PM AEST| By Bhawna GuptaHighlights The deal includes an AU$250 million upfront cash payment and an AU$300 million earn-out consideration. The transaction is expected to complete during the second half of 2022. Collimate is a wholly owned subsidiary of AMP Lim...
GMG, DXS, SCG: Three ASX real estate stocks to track as property prices rise
April 04, 2022 02:46 PM AEST| By AshishHighlights The Australian property prices have surged significantly in the first three months of the The property prices have risen due to record low interest rates, labour market recovery and upbeat demand for housing. The ASX 200 R...
Domain Holdings (ASX:DHG) agrees to buy Realbase
April 01, 2022 04:09 PM AEDT| By Sonal GoyalHighlights Domain Holdings has signed a binding agreement to purchase Realbase. To fund the acquisition Domain Holdings has announced an equity raising for AU$180 million. Realbase is a real estate campaign management technology platform in Au.....
Aware Super buys additional stake in Lendlease Group (ASX:LLC)
March 31, 2022 03:00 PM AEDT| By Priyanka PayalHighlights Lendlease Group has announced that Aware Super has purchased another 24.9% interest in the Lendlease Retirement Living Trust for AU$490 million. With this purchase, the overall holding of the superannuation fund Aware Super will now .....
Charter Hall (ASX:CHC) & Dutch Pension Fund acquire Irongate (ASX:IAP)
March 30, 2022 01:30 PM AEDT| By Sonal GoyalHighlights Irongate shareholders will get AU$1.90 in cash under the deal. Charter Hall will have 12% stake in the partnership while the Dutch Fund possesses the remaining 88% stake. The AU$1.3 billion deal highlights the growing battle among h...
Ingenia (ASX:INA) Acquires Beachfront Holiday Park on NSW South Coast
December 23, 2020 01:50 PM AEDT| By Team Kalkine MediaIngenia Communities Group (ASX:INA) has further extended its holidays footprint on the South Coast, New South Wales. It has entered an unconditional deal to acquire a large and established holiday park, Merry Beach Caravan Park in Kioloa. The .....
APN Industria REIT (ASX: ADI) Eyes Funding for Acquisitions, Upgrades Guidance
December 10, 2020 02:07 PM AEDT| By Team Kalkine MediaAPN Industria REIT (ASX:ADI) has agreed to acquire four properties for $92.1 million. Three properties at Adelaide Airport would be bought for $29.6 million. A property in Stapylton, Queensland, would be purchased for $62.5 million. All four.....
Residential real estate regains its shine as house approvals hit a 20-year high
December 01, 2020 07:54 PM AEDT| By Team Kalkine MediaThe Australian Bureau of Statistics (ABS) has released building approvals data for October 2020. The data has been particularly encouraging for private sector houses or residential real estate. On a seasonally adjusted basis, building approvals fo.....
Lendlease (ASX:LLC) CFO to join Stockland (ASX:SGP) as MD and CEO
November 26, 2020 12:40 PM AEDT| By Kunal SawhneyOn 26th November, two real estate companies have announced a change in the top management. The Chief Financial Officer of global infrastructure group, Lendlease Group (ASX:LLC), MR Tarun Gupta will be leaving the company and taking charge as Managi.....
Centuria (ASX:CNI) to raise $100 Million as it acquires Visy Glass Facility
October 22, 2020 02:54 PM AEDT| By Team Kalkine MediaASX-listed Centuria Capital Group (ASX:CNI) has acquired Visy glass facility in Auckland at NZ$178 million through its wholly-owned subsidiary. The acquisition by Centuria will be on a 20-year sale and leaseback, forming a new NZ single asset unli.....
Westpac Forecasts 15% Spike in House Prices- Real Estate Weathering The COVID-19 Storm?
September 20, 2020 12:51 AM AEST| By Hina ChowdharyThe focus on economic recovery will be a constructive environment for the Australian housing market. The COVID–19 pandemic is an extraordinary occurrence, unlike any shocks or cycles that the world has encountered since most macroeconomic me.....
Why Should You Pay Attention to ASX 200 Dividend Players in Real Estate: Mirvac share price
August 31, 2020 06:24 PM AEST| By Team Kalkine MediaSummary The property market is trying hard to survive the turmoil caused by coronavirus; however, some economists say that the actual damage on property prices is yet to be seen in the future. Companies that offer dividends to its shareholders .....
How have these ASX-listed REITs delivered during the earnings season - Centuria Office REIT & Arena REIT?
August 31, 2020 02:47 PM AEST| By Team Kalkine MediaSummary While the Australian REITs felt the impact of the pandemic, a few players emerged as winners, primarily due to the focus on resilient industries such as agricultural property, healthcare providers, and learning institutes. Centuria Offi.....
3 ASX200 Real Estate Sector Players to Watch- GMG, DXS, VCX
August 30, 2020 12:25 AM AEST| By Hina ChowdharyReal estate remained one of the hard-hit sectors during the COVID 19 pandemic. Lockdown and social restrictions prohibited buyers from either participating in auctions or evaluating properties. While the property market is trying hard to survive th.....
Lens Through Property Market Players: LEP and CDP
August 16, 2020 12:38 AM AEST| By Hina ChowdharySummary Property market felt the wrath of COVID 19 when all of a sudden, the world found itself in the lockdown with permission to go out only for essentials. Economic downturn and uncertainties also lowered business and consumers' confidence. .....
Inevitable Gains: ASX 200 Property listing stocks and Bounce in Property Space
August 10, 2020 12:10 AM AEST| By Kunal SawhneyAustralian housing values were down for the third consecutive month of drops in July 2020, with home value index of CoreLogic falling by 0.6% over the month. However, it demonstrated a marginal upturn from June when the national series dwindled by .....
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