Property and Infrastructure

For 2013 the keyword is – ordinary. Brokers see reduced volatility but few patterns emerging while the twists of retailing, building and climate change may provide some interest.

Mortgage Choice has found Australian consumers will keep their wallets in their pockets in 2013 but attraction to property purchase and investment is rising.

A wrap of the day’s activity on the Australian stock market.

Woolworths’ spin-off Shopping Centres Australasia is now listed but brokers find the trust a less than compelling propositon.

Analysis by Standard Life Investments suggests the global real estate market is entering a positive cyclical period, while JP Morgan sees scope for further cap rate compression in Australia.

With Australian REITs again outperforming in October brokers have updated views and in Deutsche Bank’s case ratings and price targets.

Weekly update on recommendation, target price, and earnings forecast changes.

Ahead of the Herd’s Rick Mills reports the first shots have been fired by the US Federal Government, with the first legal action launched against Pre-GFC issuers of mortgage-backed securities.

Australians are worried about the impact the current economic slowdown will have on their biggest investment, but ANZ sees a brighter future for Australian housing and property prices.

Weekly update on recommendation, target price, and earnings forecast changes.