Property and Infrastructure

National Australia Bank’s September quarter property survey suggests while all sectors should perform better in the year ahead, house price growth is expected to be modest.

Australia continues to enjoy strong population growth and this is supporting the economy despite global economic weakness.

ANZ Banking Group suggests the Chinese government needs to introduce some additional policy changes to maintain the long-term development of the property market.

Brokers argue the A-REIT sector is now looking a lot more like what it used to once upon a time, before the world went crazy on debt and crashed.

Stockbrokers are positive about a conditional agreement between Lend Lease and Japanese house builder Sekisui House.

Macquarie Airports delivered a solid interest result and a special distribution, the combination enough for brokers to reiterate the stock offers value at current levels.

Today’s release of capex data by the ABS in Australia carried short term disappointment, but also longer term confirmation.

The ANZ Bank has updated its views on Australian property markets, forecasting low single digit housing price growth in 2011 and mixed conditions in commercial property markets.

Leighton Holdings delivered a solid full year profit result and is expected to continue growing work-in-hand but brokers have different views on the earnings growth outlook for the company.

National Australia Bank’s Australian Commerical Property Survey for the June quarter showed a weakening in conditions and a pushing out of expectations for a turnaround.