REAL ESTATE – AUSTRALIA – INDUSTRIAL

Retail property sentiment dips

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Original article by Elizabeth Redman
The Australian – Page: 23 : 28-Jul-17

National Australia Bank’s latest survey of the commercial property sector has revealed that sentiment is at its least optimistic in the retail property segment. Sentiment in that category is at its lowest since the end of 2014, in part due to the looming arrival of Amazon. Sentiment towards CBD hotels is also down, but sentiment in the office and industrial segments rose. Looking at individual states, sentiment has improved in Victoria, Queensland and Western Australia, but declined in New South Wales.

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AMAZON.COM INCORPORATED

EY warns of cyber threat to real estate

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Original article by Robert Harley
The Australian Financial Review – Page: 40 : 25-Nov-15

Professional services firm EY has released a report which highlights the risks associated with the growing use of digital technologies in buildings. Richard Watson of EY notes that so-called SMART buildings are especially vulnerable to computer hackers. He says a building’s tenants would be the first to be impacted by a cyber attack on the property’s digital infrastructure, but landlords would ultimately have to compensate tenants for loss of revenue and damage to their reputation.

CORPORATES
ERNST AND YOUNG

Commercial deals a record $26.8b

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Original article by Larry Schlesinger
The Australian Financial Review – Page: 33 : 9-Jan-15

Data from CBRE shows that there was six per cent growth in sales of Australian commercial properties worth at least $A5m in 2014, to a new high of $A26.8bn. Sales of industrial properties rose by 55 per cent to $A5bn, while sales of office buildings grew by two per cent to $A14.5bn. Separate figures from Jones Lang LaSalle suggest that commercial property sales rose by 16 per cent to $A28.2bn in 2014

CORPORATES
CBRE PTY LTD, JONES LANG LASALLE AUSTRALIA PTY LTD, GPT GROUP – ASX GPT, CBUS PROPERTY PTY LTD, DEXUS PROPERTY GROUP – ASX DXS

360 Capital grabs 7.7pc stake in rival REIT

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Original article by Ben Wilmot
The Australian – Page: 21 : 8-Dec-14

Stockholders in smaller industrial real estate investment trust (REIT) vehicles in Australia are calling on their managers to seek consolidation deals, in order to better compete with major rivals such as Goodman Group, Dexus Property Group and Stockland. In response, 360 Capital Group has bought a holding of 7.7% in competitor Australian Industrial REIT. The portfolio of assets owned by the target is worth $A308m, while the 360 Capital Industrial Fund has properties valued at $A501m

CORPORATES
AUSTRALIAN INDUSTRIAL REIT – ASX ANI, 360 CAPITAL INDUSTRIAL FUND – ASX TIX, 360 CAPITAL GROUP LIMITED – ASX TGP, GOODMAN GROUP – ASX GMG, DEXUS PROPERTY GROUP – ASX DXS, STOCKLAND – ASX SGP, MIRVAC GROUP – ASX MGR, APN PROPERTY GROUP LIMITED – ASX APD, FIFE CAPITAL PTY LTD, COLLIERS INTERNATIONAL HOLDINGS (AUSTRALIA) LIMITED

Commercial space returns up on 2013

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Original article by Robert Harley
The Australian Financial Review – Page: 35 : 14-Aug-14

The latest data from the Property Council of Australia and IPD shows that industrial, retail and hotel properties delivered an average return of 9.7 per cent in 2013-14. This is 50 basis points higher than in 2012-13. IPD’s Anthony De Francesco anticipates that returns will top 10 per cent in the 2014 calendar year. However, the All Property Index data also shows that the total return on commercial property eased to 8.9 per cent

CORPORATES
PROPERTY COUNCIL OF AUSTRALIA LIMITED, IPD, INVESTMENT PROPERTY DATABANK