Archive for April 16th, 2008

Worthington worthy of $24 million

Wednesday, April 16th, 2008

Gold Coast based development group, Baycrown, has purchased the Worthington development at Parkenham, Victoria.

Kent Town investment sold

Wednesday, April 16th, 2008

An inner city strata office in Kent Town, South Australia, has sold in a
pre auction sale that was negotiated by CB Richard Ellis.

Housing forecast looking better

Wednesday, April 16th, 2008

Australia’s current property finance climate is being driven by the
highest cash rates in 14 years, making buyers wary despite speculation
regarding changes in interest rates.

Cromwell targets undervalued A-REITs

Wednesday, April 16th, 2008

Property and funds manager, Cromwell Group, has announced the
launch of a new property securities fund to take advantage of strong
buying opportunities amongst Australian Real Estate Investment Trusts
(A-REITs).