Property and Infrastructure

AUD underpinning tourism, farming; the plight of TV broadcasters; strong winter clothing sales; Chinese steel exports surge; robust returns continue in A-REITs.

Brokers may be somewhat divided on where the opportunities lie in the A-REITs sector but agree they are still to be found.

Research from BIS Shrapnel suggests Australian dwelling commencements peaked in 2014-2015 and will gradually decline in coming years.

Provider of affordable accommodation, Gateway Lifestyle Group, has a strong growth profile and Moelis commences coverage with a Buy rating.

The latest research from BIS Shrapnel suggests Australian house prices will continue to rise for one more year before rolling over in 2017.

Rural Funds Group offers exposure to agriculture without the operating risk and Moelis initiates coverage with a Buy rating.

Peter Switzer of the Switzer Super Report discusses the true figures behind Australia’s so-called housing bubble.

Michael Gable of Fairmont Equities sees upside potential in Mirvac Group.

JP Morgan analyses some of the differences in the financial make up of four A-REITs. Industria also signals weak conditions in the Brisbane office market.

Ukraine crops; REA Group vs Domain; WA miners counting costs; home builders buoyant; views on Nib Holdings, Yowie Group; outlook for shopping centres.