Property and Infrastructure

Russell Investments’ quarterly survey of fund managers shows defensive assets are still preferred, while rate cuts are considered the most likely catalyst for domestic non-mining growth.

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

With US President Obama announcing an infrastructure and jobs plan last week Ahead of the Herd’s Rick Mills suggests investors should have infrastructure on the investment radar screen.

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

With reporting season completed and earnings guidance from Oz REITs generally solid more brokers have reviewed the sector to update preferred exposures.

The Australian REIT sector outperformed the broader market in August and brokers expect an continuation of the trend of increased share buybacks and M&A activity in the sector.

While full year earnings met expectations a tough operating environment means limited shorter-term earnings growth for Peet, but brokers continue to see value.

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

A report by BIS Shrapnel suggests Australian retail property should deliver solid returns despite tough conditions as consumer spending levels will eventually improve.

Reviews of A-REIT’s suggest current discounts to net tangible assets imply value, a view supported by evidence sector earnings are defensive and company balance sheets are improved.