CFX projects on hold, but growth is not
CFS Retail Property Trust has temporarily turned the tap off its $200 million sub-regional redevelopment pipeline but the cautious trust has forecast 4% growth in the year ahead.
Cromwell goes from strength to strength
INVESTORS would have thought market conditions have not changed if they had a look at Cromwell Group’s strong profit result for FY08.
Commonwealth Office shaken but not stirred
MODESTLY geared Commonwealth Property Office Fund has held in good stead despite taking a hit from the global credit crunch.
ALE keeps filling investors’ glass
ALE Property Group still delivered a solid distributable profit to investors despite spending some money to buyback its stapled securities.
ING Healthcare get A+ results
ING Real Estate Healthcare Fund has remained immune to the global credit crunch that has spread across the broader A-REIT market.
Credit Suisse gives RAT more time RUBICON America Trust has gained a temporary reprieve from Credit Suisse to waive the financial covenants of a warehouse house facility due on August 15.
Babcock Japan lifts profits by 22% BABCOCK & Brown Japan Property Trust has posted a net operating profit after tax of $A68.9 million for the year ended June 30 - 22% higher than the prior year.
A-REITs no longer safe haven
‘ONCE viewed as a safe haven, is now viewed as more volatile and risky’ is how Stockland’s head honcho summed up the tumultuous year for the A-REITs sector in 2008.