COMMERCIAL PROPERTY, SALES & LEASING
THE Australian Retirement Trust, the nation’s second-largest superannuation fund, has revealed that it has written down the value of...
ART, which manages $240 billion of assets, said its Australian offices investments has seen material downward movements ranging between 5% to 20%...
ART chief investment officer Ian Patrick said despite property valuation adjustment the fund has delivered a 10% p.a. return for...
Patrick highlighted how the fund’s proactive and robust approach to valuations would set the fund up for future success...
“Our prompt action during the previous financial year to adjust our private equity valuations to reflect market conditions set us up for...
“A combination of structural and cyclical changes have influenced supply and demand dynamics in the property sector...
Patrick said despite the challenges in the office sector, the diversification in the property portfolio into alternative property sectors...
ART is the latest super fund to be hit by the office asset repricing with Cbus last week revealing it has written down property investments by...
Meanwhile the Australian Real Estate Investment Trusts sector is bracing for more adjustments with billions already wiped for...
This is because Australia hasn’t seen significant write-downs compared to other global markets, according to Benjamin Martin-Henry...
Despite the expected repricing, S&P Global Ratings insists that Australian landlords remain in better shape than global peers...
“We believe this region’s office-focused REITs are in better shape than global. Based on our stress tests, most rated REITs have some financial...
Just three out of 15 office-focused REITs or landlords across Australia, Hong Kong, mainland China, Japan, and Singapore had negative rating outlooks.