Caleb Wheatley News Today

The $4.3 billion mall and service station landlord has sold its sole logistics investment and won’t be buying another any time soon.

The vast majority of ARENA REIT’s childcare centres are leased to tenants who are now paying CPI-indexed rent rather than lower fixed rents.

HomeCo lifts guidance for Daily Needs REIT as foot traffic surges Save Share Fund manager Home Consortium upgraded full-year earnings guidance 9 per cent for its newly spun-out Daily Needs REIT as shoppers returned in droves to its hyper-convenience-style malls. The trust, which owns almost a $1 billion of mostly metro-based assets anchored by supermarkets, large-format retailers and healthcare services, floated in November after raising $300 million. Logging its maiden half-year results, the t...

Lendlease boss Steve McCann will retire after 12 years in the top job at the listed property developer.

Lombardo gets top job at Lendlease as McCann retires We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Lendlease’s new boss Tony Lombardo will have the task of simplifying a sprawling $8.24 billion global business when he takes over the top job from long-serving chief executive Steve McCann at the end of May. Mr McCann said on Wednesday he would retire after a dozen years at the helm of Lendlease and hand over to the former ac...