Property Stocks

[Bev73]

Thanks Snoopy and Nor.

Lots of info. to read and reread.

[777]

Sride provides its own in house management team. It also has the management contract for Investore. Does anyone know which of the other property companies have in house management.

I was wondering whether, or not, it can be shown that in house teams produce better results over time.

GMT have just started this year.

[Oliver Mander]

Hi all...I'm not necessarily weighing in with any opinion, but this is a useful article published by NZSA that might add to the commentary on this thread.
Part 1: Property investment options for Kiwis - removing the rose-tinted glasses - New Zealand Shareholders' Association (nzshareholders.co.nz)
Disclosure: NZSA CEO, author of article.

[winner69]

Hope this doesn’t happen here

Blackstone paid $605M in 2014 for a New York building and spend millions on renovations

Just sold it for $185m

What a haircut

US office has gone from scary to apocalyptic for many cities across the US says @TripleNetInvest

[Daytr]

Hope this doesn’t happen here

Blackstone paid $605M in 2014 for a New York building and spend millions on renovations

Just sold it for $185m

What a haircut

US office has gone from scary to apocalyptic for many cities across the US says @TripleNetInvest

The commercial property sector is a pretty significant problem in the US.
Lots of Korean & European investment in that sector as well, China I suspect to.
Got a bit of a whiff of a subprime mortgage type situation about it....

[777]

Hi all...I'm not necessarily weighing in with any opinion, but this is a useful article published by NZSA that might add to the commentary on this thread.
Part 1: Property investment options for Kiwis - removing the rose-tinted glasses - New Zealand Shareholders' Association (nzshareholders.co.nz)
Disclosure: NZSA CEO, author of article.

Thank you Oliver.

[Bev73]

Thanks Oliver, really helpful.