News

Unlisted property fund managers should heed ASIC’s two recent wins in enforcing DDO, and take the opportunity to review their compliance with the regime, according to Charlie Renney, Senior Associate at Hall & Wilcox Lawyers.

Sam Sproats is an Executive Director Funds Management, for Growthpoint Properties Australia, an ASX-listed Real Estate Investment Trust which invests in high quality industrial and office properties across Australia. Sam has more than 28 years of experience in real estate funds management, and currently leads Growthpoint’s funds management business.

In yesterday’s boom market there was limited time for due diligence, which sometimes meant essential steps were overlooked, according to Dimity Lee, Associate Director of Investment Valuation and Capital Markets Advisory at Preston Rowe Paterson.

Property Funds Association of Australia (PFA) has been invited to present to the Parliamentary Joint Committee on Corporations and Financial Services (PJC), regarding wholesale investor and client test thresholds, on 4 October 2024.

In commercial property ESG presents a major opportunity to meet the growing expectation of investors for cleaner, greener, more socially conscious and well-governed investments, according to Damien Connell, Principal: Circular Economy at boutique consulting firm, Ratio Consultants.

A key decision in Oliver Hume Property Funds (Broad Gully Rd) Diamond Creek Pty Ltd v Commissioner of State Revenue [2024] VSCA 175 (8 August 2024) by the Victorian Court of Appeal could have far-reaching consequences for the levying of landholder duty on unlisted property funds.

Plans to change the wholesale investor test thresholds, as part of Treasury’s review into managed investment schemes, have been shelved, according to an article in the Australian Financial Review.

Some of the best returns available in commercial real estate involve sustainability upgrade projects, according to Davina Rooney, CEO of the Green Building Council of Australia (GBCA), who discussed the risks and opportunities around sustainable finance for property at the recent PFA 2024 Conference on the Gold Coast.

As build-to-rent moves from the niche to the mainstream there are several key considerations for success, according to Christian Grahame, Head of HOME, which is Australia’s largest build-to-rent platform developing and managing properties across the country.

Louis Christopher, Managing Director and founder of highly regarded investment research firm, SQM Research, shared his insights into what makes a superior unlisted property fund at the PFA 2024 Conference at the Gold Coast recently.

Market dislocation and bifurcation is creating significant investment opportunities for commercial real estate investors including superannuation funds, according to Mary Power, Principal Consultant at JANA Investment Advisers, who spoke at the recent Property Funds Association of Australia (PFA) Conference on the Gold Coast.

There are many strong investment opportunities in commercial real estate but investors need to work harder for their returns, according to property investment analyst Benjamin Martin-Henry, Head of Real Assets Research Pacific at MSCI, speaking at the recent Property Funds Association of Australia (PFA) 2024 national conference at the Gold Coast.