Australian office REITs to feel heat from workplace changes, says Fitch Ratings
Office REITs listed in Australia are beginning to see challenges that have arisen from a change in how tenants work…
Amid pandemic pain, Vicinity Centres turns towards retail tech to drive revenue
Amid uncertainty caused by the COVID-19 pandemic, Vicinity Centres is turning towards technology in an effort to improve retail sales,…
GPT Group in talks to acquire assets from Ascot Capital for AUD800 million
GPT Group has confirmed that it is in talks to acquire a portfolio of 26 industrial and logistics assets and…
Arena REIT reports 6% rise in DPS for FY 2021
Arena REIT has reported statutory net profit of AUD165.4 million for the 2021 financial year, which represents an increase of…
S&P Global upgrades outlook on three Australian retail REITs
S&P Global has revised its outlook on three Australian retail REITs from negative to stable, despite reports of intermittent COVID-19-related…
Garda Property Group increases exposure to industrial segment
Garda Property Group looks set to boost its exposure to the industrial segment with the acquisition of three properties in…
South Korean institution sets aside USD100 million for foreign REITs
A South Korean institutional investor has set aside a USD100 million war chest to acquire REITs listed outside the country,…
Australian REIT secures major anchor tenant despite COVID-19 woes
An ASX-listed REIT has secured a major multinational anchor tenant at its Grade A office property, despite COVID-19 related lockdowns…
Arena REIT upgrades distribution guidance on improved attendance
Arena REIT has upgraded its distribution guidance for its FY2021 to 14.8 Australian cents per security.
Dexus disposes stake in Grosvenor Place at discount for AUD925 million
Dexus has conditionally exchanged contracts to sell a 50% interest in Grosvenor Place, Sydney. The 50% interest comprises 25% owned…