Property and Infrastructure

CPI outlook; Oz economy and coal prices; telcos under an NBN; Ardent Leisure; food inflation; big infrastructure projects.

Mirvac has signalled a strong performance across its business segments but brokers disagree as to the extent of income risk from apartment settlement defaults.

Contractor Cimic has made a takeover offer for engineering services company, UGL. Brokers are lukewarm about the prospect, suggesting areas of uncertainty exist.

Residential aged care provider Estia Health has downgraded FY17 guidance and flagged the potential divestment of non-core assets. Brokers remain cautious about the sector.

The Chartist suggests a buying opportunity will present in logistics REIT Goodman Group at a lower level.

For those wanting to partake in A-REIT investment brokers take a look at where the buying opportunities lie, given recent underperformance of the sector.

Unforgiving market continues; infrastructure sells off; flat outlook for construction; Canaccord Genuity covers receivables; Bell Potter initiates on TPI Enterprises.

Propertylink, a manager of industrial assets, has piqued the interest of several brokers since listing, given the opportunities offered and a favourable distribution yield.

Earnings season wrap up; apartment approvals spike; consumer spending growth; harsh outlook for Wellard; Telstra’s dividend dilemma.

Michael Gable of Fairmont Equities suggests Friday’s earnings report could provide an upside break for Lend Lease.