Vicinity Centres Rises on Eastern Creek Deal
Vicinity Centres (ASX: VCX) shares jumped 1.62% to A$2.51 on Friday after the retail property giant announced a A$400 million deal to buy Eastern Creek Quarter (ECQ) from Frasers Property Australia. The site sits about 41 km from Sydney's CBD and packs more than 40,000 sqm of retail…
Real Estate
If you're a dividend investor, the idea of ditching big banks and miners for REITs (even high yielding ASX REITs) may sound preposterous.
After all, the big 4 banks and major miners (especially BHP and RIO) became shorthand for yield investing in Australia. And that's before you consider how REITs have been ditched in light of…
REA Group Rebounds as Margins and Growth Improve
REA Group (ASX:REA) released its Q3 FY26 update on Thursday, and the result clearly resonated with investors. On Friday, while the ASX 200 plunged 1.5% on renewed Middle East tensions, REA Group defied the sell-off to gain 1.38%, closing at A$176.89. The numbers behind the result were…
HMC Capital (ASX:HMC) and DigiCo Infrastructure REIT (ASX:DGT), two REITs backed by David Di Pilla (he founded the first of these and the first seeded and manages the second), have spent the better part of the past year wrestling with investor scepticism. Don't just take our word for it both are down over 50% since…
DigiCo Infrastructure REIT (ASX:DGT) will sell CHI1 for US$750m, cutting gearing and funding its SYD1 data centre expansion.
The 50% CGT discount on shares is one of the key mechanisms that helps investors keep as much of their cash as they have earned on their investments. We felt that it was time to write a stand-alone article about this in light of the inflation crisis and how it could lead to investors seeking…
Knowing how to read a balance sheet is a key skill investors need to know, because the balance sheet is the most underrated document in an annual report. Most new investors skip straight to earnings - perhaps not knowing how importance the balance sheet is or having an appreciate but not knowing how to read…
Add a new term to your vocabulary: The Iran Ceasefire Rally. The rally on the ASX yesterday, that saw our bourse rise over 2.5% in its best day in several months, occurred amidst a 2 week suspension of hostilities in Iran. And the ASX was not alone with Asian markets and North American futures rallying,…
Imagine having a crystal ball in 2016 and seeing the state that ASX REITs in 2026 would be in. You couldn't imagine investing a cent in it! Well, at least in any ETF tracking the space. Certain individual companies may be a different story.
But the top and bottom line is the same. The space is…
Australian Active Fund Managers are struggling, make no mistake. Hitting home the point yesterday were reports that Ox Capital Management — a boutique emerging markets specialist led by veteran investor Joseph Lai; had entered formal wind-up proceedings on March 27 2026.
This wind up was not the first, and likely won't be the last. So each…
