Forbar picks its listed real estate winners

Forbar picks its listed real estate winners
Commercial Bay, Precinct's flagship earner. (Image: BusinessDesk)
Brent Melville
Forsyth Barr's top listed property bets are CBD office developer Precinct Properties, diversified investor Asset Plus and residential group Winton Land as the market moves into the next earnings cycle. Both Precinct and Winton report their full-year results this month, and analysts Rohan Koreman-Smit and Paul Koraua said they expect strong performances on the back of solid occupier demand and market rent growth for the real estate investment trusts (REITs). The latest office vacancy survey by commercial real estate...

More Property

Officials move on Richard Yan’s castle
Property

Officials move on Richard Yan’s castle

Richard Yan's extensive heritage property is being sold following his bankruptcy.

Tom Raynel 26 Jul 2024
Action against Hawkins directors stalled
Property

Action against Hawkins directors stalled

Proceedings by the failed group's liquidators relate to a leaky building claim.

Maria Slade 24 Jul 2024
Arvida buyout lifts retirement sector
Property

Arvida buyout lifts retirement sector

On Tuesday, Arvida traded volumes of $127 million. Its competitors followed suit.

Gregor Thompson 24 Jul 2024
The change of heart behind Arvida’s US private equity buyout
Property

The change of heart behind Arvida’s US private equity buyout

The company’s share price rose 55% after the announcement.

Gregor Thompson 23 Jul 2024