Page 4 - Sandy Macfarlane News Today

Originally set up as a developer and owner of large-format malls, Home Consortium will soon hit $5.2 billion of assets under management across its two listed trusts.

The earnings upgrade came as HomeCo Daily Needs REIT prepares to finalise its $3.2b merger with Brett Blundy’s Aventus Group.

More than half of the income growth from the landlord’s $3.7 billion portfolio is directly or indirectly linked to inflation through annual rent increases.

Greg Goodman says rents are rising 15 to 20 per cent in places such as Los Angeles and Sydney due to a lack of supply to meet rising demand driven by ecommerce.

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.

While the hardware giant has enjoyed a 20 per cent boost in earnings during the pandemic, it has negotiated lower rents on some warehouses with landlord BWP Trust.

SCA Property Group, which owns $4.4b of malls anchored by Coles and Woolworths, said its first-half performance had been better than expected.

Results briefing | News and analysis on today’s profit results from Macquarie, Suncorp, Dexus, Computershare, Charter Hall Long WALE, SCA Property, GUD, Wotso. Find updated reports and analysis here.

January can often be a barren wasteland in terms of releases, but there’s more than enough new music coming out of Scotland this month that's worth checking out.

The Twilight Sad, Uninvited and Carla J. Easton are among tonight's Fundraiser for Tiny Changes line-up, an evening of warmth and entertainment in aid of helping young minds feel better.