EPN bids for remainder of EDT Retail

New York-based EPN Investment Management has made a $190 million offer for the remaining 52 per cent stake of EDT Retail Trust.

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EPN bids for remainder of EDT Retail

NAB acquires stake in NY property fund manager

National Australia Bank’s (NAB’s) direct asset management business, nabInvest, has acquired 35 per cent stake in AREA Property Partners – a real estate fund manager based in New York.

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NAB acquires stake in NY property fund manager

Property sales drop 20pc

Staff Reporter The number of property transactions fell 20 per cent in 2010, new research has revealed. According to statistics from RP Data, sales volumes fell in every capital city, …

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Property sales drop 20pc

Homes out of key workers’ reach (The West Australian)

Nearly 90 per cent of Perth real estate is out of reach for police, teachers, nurses and other essential workers, according to a Bankwest study.

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Homes out of key workers’ reach (The West Australian)

Australians call on the govt to fix the houisng supply issue

Staff Reporter More than 50 per cent of Australians feel the government is not doing enough to solve the nation’s housing affordability issue. According to a new poll by PRDnationwide, …

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Australians call on the govt to fix the houisng supply issue

NabInvest expands REIT footprint

NabInvest has expanded its REIT footprint, taking a 35 per cent stake in a global real estate fund.

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NabInvest expands REIT footprint

Home loans fall 4.5%

THE number of home loans approved in January fell 4.5 per cent in January, to a seasonally adjusted 48,871, official data shows.

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Home loans fall 4.5%

The big question is whether Australia can withstand challenge of emerging markets

Two years on from its global crisis nadir the local sharemarket continues to be dangerously narrow, with more than half its value locked up in resources shares and the banks. Just five companies – BHP, CBA, Westpac, NAB and ANZ – account for 37 per cent of the market.

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The big question is whether Australia can withstand challenge of emerging markets

Darwin leads way in housing sales slump

HOME sales fell by an average 20 per cent last year, to the lowest level of any year in the past decade.

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Darwin leads way in housing sales slump

NAB buys 35pc of US fund body

NABINVEST has bought a 35 per cent stake in one of the largest US property fund managers and private equity groups.

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NAB buys 35pc of US fund body