Property and Infrastructure

Dexus has finally made a play for Commonwealth Property and it’s now up to the manager to consider the value of the proposition.

Analysts have welcomed several signs of a recovery in Australian housing but are yet to be convinced the rebound is robust.

Growth in property investment by SMSFs questioned by RBA, residential developers well placed in the housing recovery while bond proxies are the answer for Credit Suisse.

Reporting season has thrown up a few developing disparities in Australian Retail Property Trusts (AREITs) and brokers discuss the themes.

Brokers like the look of DUET’s plan to fund and build a Wheatstone pipeline but any upgrade to their outlook remains in reserve.

A mild winter, a comparison of Stockland and GPT, a view on Optus and advertising spending outlook.

Headwinds abound for UGL and the company needs to convince brokers of the value in separating the property and engineering divisions.

Downer EDI faces a tough FY14 but the company seems up to the task.

CBA has made a proposal to internalise the management of CFS Retail and Commonwealth Property Office. Brokers examine the ramifications.

Another broker initiates coverage on the Woolworths spin-off, Shopping Centres Australasia, but finds the outlook all rather lacklustre.