How are REIT stocks doing post NZ’s new radical housing law?

Lately, the NZ government authorities had published a draft proposal mentioning the limitation of interest cost reduction of investments related to housing properties. The above-mentioned move was taken to curb escalating demand for the existing r...

Highlights Infratil investment activity is centered on building scalable platforms. The Group recently committed US$233 million to a new renewable energy platform called Gurin Energy. Infratil expects its EBTDAF to be between $505 and $550 mil...

Highlights First home buyers to find it tough to buy houses at increased prices from 1 November as new tighter lending rules come into play by the RBNZ. GMT’s draft valuation report showed that its real estate portfolio would post an incr...

Highlights A country’s economic growth is steered by its infrastructure sector. Infratil announces its commitment to develop Gurīn Energy. Fletcher Building intends to hold its ASM in October. For any country, infrastructure compan...

Highlights In its Annual Meeting last month, the Company gave an insight into its earnings guidance for the year closed March FY22. Infratil kept the FY22 Proportionate EBITDAF guidance range from continuing operations the same as before. The ...

Investors as well as global markets are sparked by concerns over the potential collapse of famous Chinese realtor, China Evergrande Group. Related Read: Evergrande woes resonate in Wall Street: Dow, S&P futures in red  Source: Copyrigh...

Highlights REITs invest in a number of properties. These are good investment options with housing prices going up. REITs provide good options to investors to get exposed to the property market. A Real Estate Investment Trust (REIT) is a c...

Highlights New Zealanders are unconvinced about any reduction in house prices, as per a survey done by the ASB. Precinct Properties New Zealand Limited Convertible Notes will be converting into PCT ordinary shares. Stride Group is planning to ...

Fletcher Building Limited (NZX:FBU, ASX:FBU) builds homes, buildings, and infrastructure across New Zealand, Australia, and the South Pacific. It runs through 6 divisions – Building Products, Distribution, Concrete, Residential and Devel...

Infrastructure stocks are the backbone of an economy. They play an instrumental role in the faster economic growth as they help to lay down the necessary structure for road and rail transport, airports, power, energy, data, and communications, etc....