Listed Property Trusts

[LaserEyeKiwi]

Lol at this sea of red performance today of NZ listed property names, despite the very good news on the 2024 interest rate environment.

IMG_0940.jpg

[bull....]

probably the GDP data put a dampener on the sector

[LaserEyeKiwi]

Today was much more reflective of the new environment of expected rate drops:

Not only will future interest costs for these companies look better, but more immediately the dividends start looking much better to those looking for good returns when fixed interest rates start dropping.

IMG_7473.jpg

[LaserEyeKiwi]

USA REITS having a stunning rebound lately, well off the lows. here is the biggest by funds under management:

IMG_7476.jpg

[GTM 3442]

USA REITS having a stunning rebound lately, well off the lows. here is the biggest by funds under management:

IMG_7476.jpg

Out of idle curiosity, how did VNQI (Vanguard's non-USA Commercial Property ETF) do in comparison?

[winner69]

Maybe of interest

From Madison … Big debt bills forcing property developers to sell assets



https://www.youtube.com/embed/RViSLH1U_UE

[whatsup]

Maybe of interest

From Madison … Big debt bills forcing property developers to sell assets



https://www.youtube.com/embed/RViSLH1U_UE

What was the date of this interview ?

[winner69]

Maybe of interest

From Madison … Big debt bills forcing property developers to sell assets



https://www.youtube.com/embed/RViSLH1U_UE

Todays Herald

https://www.nzherald.co.nz/business/...D7KYVTEHKJ2UM/

[Jenny Ruth]

Hi all. The latest column published on my Substack, Just the Business, this morning looks at the proposal to internalise Goodman Property Trust's management contract. The headline is: Goodman proposal is a $500m “vote of confidence in NZ”
And you can find it here:
https://justthebusinessjennyruth.sub...a-500m-vote-of