Thaw begins for listed property
Australian property bond markets are starting to improve, but don’t expect a return to the buoyant days of the past any time soon.
That is the bottom line of research conducted at the Queensland University of Technology (QUT), where Dr Bwembya Chikolwa and his team from the university’s School of Urban Development in the Faculty of Built Environment and Engineering have been tracking commercial property investment and financing trends.
Chikolwa said while some large Australian real estate investment trusts had started to show more confidence in the market by issuing property bonds, times were still tough.
“Margins are still extremely high when you compare it to the boom period of say 2000 to 2006,” he said. “So on that account things are not as bright, but things are certainly starting to open up.”
AUTHOR
Mike Taylor
Recommended for you
The $673 billion global investment manager has appointed a former Zenith sales head as it seeks to expand its reach in the Australian wealth management market.
Fund managers may be operating in a squeezed environment, but a salary guide shows they are willing to pay up for specialist talent to diversify their fund range.
Reach Alternative Investments has entered into a strategic partnership with Russell Investments to bolster its wholesale private markets offering for financial advisers and investors.
Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its research ratings business.
