REITs

By their very nature, REITs are heavily leveraged and hugely sensitive to rate hikes. There is plenty of devaluation floating around, but there could also be a lot more around the corner.

With demand for healthcare assets trending in one direction, the surging alternative asset manager has launched its second unlisted institutional fund for the calendar year.

Investors and consultants are bending their efforts to find navigable paths around headwinds buffeting the commercial real estate sector.

The listed property group formed by former star UBS banker David Di Pilla has gone from a standing start in 2015 to a retail and commercial investment force, with its latest acquisition pushing funds under management to $7.5 billion.

Increasing government expenditure on social infrastructure is driving huge levels of investment into the sector. There are now several options for retail and wholesale investors to gain exposure to this asset class, which was previously open only to institutional investors.

Speaking on a fireside chat during The Inside Network’s recent ESG event in Tasmania, Langley said that while infrastructure assets will continue carrying the burden of inflation there is likely more to be concerned about with REITS, both in the dominant US market and around the world.

ASX hit as US rattled, Boral takeover offer, Rex clarifies misstatement  The ASX200 (ASX:XJO) followed a global lead lower, falling 1.1% at the open and remaining in negative territory throughout the day. The IT sector was the hardest hit, falling 4.2%, and acting very much like a leveraged proxy for the US Nasdaq index. The key detractors were Afterpay (ASX:APT) and Zip…

There is a common perception in capital markets that real estate prices are most heavily influenced by interest rate movements. Proponents suggest that an increasing cost of capital and loans will ultimately result in different types of property losing its value. Not so, says Resolution Capital’s CIO, Andrew Parsons. In fact, he suggests that investors…

Let’s get real The financial chatter box is overflowing on bond movements and the potential impact on valuation of risk assets. Inevitably the long-duration equities are front of mind. Most are focused on the FAGAM (Facebook, Amazon, Google, Apple, Microsoft) or other similar stocks where the valuation is considered to reflect long-term thematic growth. On…

Crystal balls and fortune cookies Is history an investment guide, the rhyme not repeat version? Those that offer advice on asset allocation rely heavily on past data to support their view of future returns. At its simplest there is mean reversion to trend. Perhaps the challenge is what trend to revert to. There are a…