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SECTION: REAL ESTATE INVESTMENT TRUSTS & FUNDS

Garda takes a shine to Morningside

GARDA Diversified Property Fund has picked up two warehousing and distribution assets in Brisbane’s Morningside for $41.0 million, while its parent....

APN drives off with $9.8m

APN Convenience Retail REIT has divested a portfolio of three Puma service stations in south east Queensland for a total of $9.8 million in an off....

AIMS confident in opportunity fund

AIMS Fund Management has invested $6.5 million of capital into the AIMS Real Estate Opportunity Fund. “Given AREOF’s great performance since....

Peet profit softens

A 45% fall in residential sales has dampened developer and land syndicator Peet’s (ASX: PPC) annual profit, which fell marginally by 3.2%. Peet....

Ramsay Health Care exceeds guidance

ONGOING demand for healthcare has helped private hospital operator, Ramsay Health Care (ASX: RHC) book a full year net profit of $590.9 million. The....

US Masters suffers $47m loss

US Masters Residential Property Fund posted an interim net operating loss of nearly $47.6 million, as it endured a difficult period in which it cut....

Data boom underpin NextDC growth

INSATIABLE appetite for data has NextDC looking forward to further growth in the coming year, after achieving record numbers in 2019 financial year....

Bumper year for Cedar Woods

DEVELOPER Cedar Woods Properties (ASX: CWP) has defied challenging conditions to post a 14.2% growth in annual profit, but the group warns FY20....

National Storage meets guidance

AUSTRALIA’S large self-storage owner-operator National Storage REIT (ASX: NSR) has increased earnings by 21%, boosted by a record year of....