archive-au.com » AU » B » BUSINESSSPECTATOR.COM.AU

Total: 739

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • Westfield needs to lift WRT value | Business Spectator
    Deals Policy Politics Smart Energy Latest stories Is the EU about to abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Westfield needs to lift WRT value Ben Wilmot The Australian 19 Dec 2013 2 33 AM DataRoom Industries Property Analyst calls for buybacks as group s plans to split get soft reception You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password The Commonwealth Bank of Australia s proposed spin off of the CFS Retail Property Trust has won strong market support a contrast to the chilly market reception towards Westfield Group s plans to recast its local and international operations Controversy has centred around the pricing of the management rights of the Westfield Retail Trust with the level of about 1 7 billion seen as too high WRT chairman Dick Warburton has received a tough reception from institutional investors with advisers Morgan Stanley and UBS being told that the deal may not win support Moelis analyst Simon Scott says the deal will take both Westfield and WRT in the right direction and the merger pricing is justifiable In a note that is gaining market traction he argues that simply recutting merger ratios is not the best way to deal with unhappiness among WRT investors Instead Scott says the size of the overall Westfield Australasian pie should be lifted and a larger share of the rise should be given to WRT owners One way of doing this would be for Westfield and WRT to turn on share buybacks lifting the net asset value of the overall group More radically a couple of half stakes in landmark assets like Westfield Bondi Junction or even Westfield Sydney could be sold off Deals could be struck at healthy premiums to book values as foreign investors are chasing premium assets and the move would also generate fee income WRT could also buy the half of

    Original URL path: http://www.businessspectator.com.au/news/2013/12/19/dataroom/westfield-needs-lift-wrt-value (2014-01-13)
    Open archived version from archive

  • CBA backs Dexus fund bid | Business Spectator
    Media Start ups Security Data Security Identity Management Wireless Security Telecommunication Latest stories REVIEW Nokia Lumia 1520 The Nokia 1520 sports a number of key upgrades that bring it the Window s phone platform to parity with its Android competition But does this phablet do enough to sway attention from its rivals Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Is the EU about to abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu CBA backs Dexus fund bid 18 Dec 2013 4 41 PM Industries Property Bank intends to accept Dexus offer for Commonwealth Property Office Fund You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password By a staff reporter Commonwealth Bank of Australia intends to accept a Dexus Property Group led consortium s takeover bid for its Commonwealth Property Office Fund spurning a rival offer from GPT Group In a statement to the Australian Securities Exchange the bank said it would agree to the offer from Dexus and the Canada Pension Plan Investment Board if its acceptance would take the consortium s relevant interests in the fund to at least 50 1 per cent The bank said it also required the consortium s offer to be otherwise unconditional Commonwealth Bank said it reserves its right not to accept the offer Print this page Related articles 09 Jan WRT investors say split costs 1 5 bln too much 09 Jan Triguboff eyes Melbourne expansion 08 Jan GPT eyes new target 07 Jan The rewards of a pragmatic GPT Dexus truce 07 Jan Homeowners lock in rates More

    Original URL path: http://www.businessspectator.com.au/news/2013/12/18/property/cba-backs-dexus-fund-bid (2014-01-13)
    Open archived version from archive

  • Property | Business Spectator
    Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Property CBA nears 550m CFS deal CFS Retail expected to announce details of separation from CBA today by Ben Wilmot and Bridget Carter The Australian 12 43am December 18 List of IPO debut flops grows The past week has seen most IPOs underperform the market on debut since a raft of successful book builds last month by Amanda Saunders 4 10pm December 17 1 comment GDI Property Group drops 11 5 on debut Australia s largest real estate IPO of the year has bucked a broader market rise on its first day by Amanda Saunders 12 13pm December 17 Merrill mulls adding to real estate team Bank of America Merrill Lynch may beef up its real estate investment banking team in an effort to boost its resources by By Bridget Carter The Australian 11 57am December 17 REA Group CEO Ellis resigns Shares dive as real estate classified company boss announces resignation 10 48am December 17 Sydney s inevitable house price decline A frenzy of investor activity in Sydney has seen prices buck the national trend of modest growth But such growth without first home buyer activity is unsustainable and will result in a slowdown by Callam Pickering 11 13am December 16 35 comments Non banks lift lending report Smaller lenders grew at twice the rate of banks in October 6 48am December 16 CBA speeds property fund exit Departure from 20bn funds empire gathers pace with CPA rights deal by Ben Wilmot The Australian 2 56am December 16 More than high dollar to blame for Holden exit Stevens RBA governor maintains currency too high says US85c a more natural level 8 26am December 13 15 comments IBA creates 70 million indigenous REIT Aboriginal and Torres Strait Island communities have as much as 40 billion to invest says IBA s chief executive by Brett Cole 6 20pm December 12 PE action is in distressed Australian assets While Oaktree and Apollo pursue Australia s distressed debt turnarounds Blackstone and KKR have shifted their buyout attention north to Asia leaving their Australian offices to focus on investment funds and real estate opportunities by Brett Cole 1 09pm December 12 UBS Grocon to pursue 10bn JV Investment bank and developer to create property platform together report 3 39am December 12 Vodafone chases lower rents Telco abandoning stores when landlords don t negotiate report 1 08am December 12 2 comments Gandel mulls value of CFS rights Retail tycoon weighs CBA s 550m valuation of CFS management rights by Bridget Carter The Australian 12 28am December 12 Stockland makes Glasshouse deal Property group surprises market with Sydney shopping

    Original URL path: http://www.businessspectator.com.au/industries/property?page=1 (2014-01-13)
    Open archived version from archive

  • Property | Business Spectator
    and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Property WRT investors say split costs 1 5 bln too much Institutional investors in Westfield Retail Trust want as much as 1 5 billion sliced from the cost of the proposed split of the Lowy family international and domestic shopping centre empires by Amanda Saunders 10 49am January 09 Triguboff eyes Melbourne expansion Property developer looks to bring Meriton brand to Victorian capital report 6 04am January 09 GPT eyes new target Property group likely to pursue new acquisitions after CPA deal by Turi Condon The Australian 12 52am January 08 1 comment The rewards of a pragmatic GPT Dexus truce If it plays out as planned the agreement between GPT and the Dexus CPPIB consortium for CPA should see both parties walk away satisfied and would allow GPT to still pursue any opportunities that emerge within the sector by Stephen Bartholomeusz 1 27pm January 07 Homeowners lock in rates Data show borrowers keen on fixed rates as cash rate sits at record low 1 30am January 07 1 comment Dexus nears CPA win Deal with GPT likely to pave way for takeover of office fund by Turi Condon The Australian 12 41am January 07 Foreign demand tipped to push house prices higher Falling Australian dollar and low interest rates could see increased interest from offshore investors 3 31pm January 06 GPT lifts CPA voting power Suitor increases voting shares after CPA spurns takeover deal 2 28pm January 06 Sydney to avoid house bubble Price growth seen moderating recovery in new dwelling construction report 7 05am January 06 7 comments Westfield split a hard sell report Lowy family facing hostile reception from investors over proposal 6 58am January 06 1 comment The Middle Kingdom s Australian frontier Australia is unprepared for a big influx in Chinese visitors both as tourists and investors by Robert Gottliebsen 6 34am January 06 37 comments Capital city home values surge Prices lift at fastest pace for four years in CY2013 RP Data Rismark Home Value Index 10 47am January 02 3 comments A new perch for the eagle eyed investor A platform that puts angel investors in touch with start ups could change Australian business by taking capital raising away from the bankers and giving investment power to ordinary citizens by Rob Burgess 1 20am December 27 19 comments CPA rejects GPT takeover bid Property group unanimously recommends shareholders reject offer 3 54pm December 24 Bringing homeowners the bacon A little known start up that allows investors to acquire stakes in property could not only revolutionise the way Australians invest but free up much needed wealth for homeowners and their families by Rob Burgess 11 14am December 24 81

    Original URL path: http://www.businessspectator.com.au/industries/property?destination=taxonomy/term/3011 (2014-01-13)
    Open archived version from archive

  • Retail sales beat forecasts in Nov | Business Spectator
    There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Retail sales beat forecasts in Nov 9 Jan 11 32 AM 1 Industries Retail ABS data shows retail sales lift more than expected in month You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password By a staff reporter with AAP Australian retail sales rose in November more than analysts expected according to data from the Australian Bureau of Statistics Official data showed retail spending lifted 0 7 per cent to a seasonally adjusted 22 46 billion in the month The reading follows a 0 5 per cent lift to a seasonally adjusted 22 28 billion in October Bloomberg economists were expecting the data to show a lift of 0 4 per cent It was the seventh consecutive monthly rise for retail sales and comes after three months of solid results National Australia Bank senior economist Spiros Papadopoulos said This provides more evidence that the consumer sectors are improving Mr Papadopoulos said This will make the RBA more confident that they ve cut policy enough to support recovery Mr Papadopoulos said it was still a long way before a possible cash rate rise from 2 5 per cent with stronger employment numbers required before monetary policy settings are tightened RBC Capital Markets senior economist Su Lin Ong said the retail spending figures had now beaten expectations for the fourth consecutive month It has definitely picked up momentum in the past few months she said If you look at the details there was broad based strength with the exception of department stores which got a bit of a drop Pretty much all the other discretionary spending components like cafes restaurants and takeaways were all pretty strong You d have to say that going into the end of the year lower interest rates are finally having some sort of impact on consumers confidence is stronger and asset prices are higher and that all seems to be feeding into a pretty favourable combination Ms Ong doesn t expect the Reserve Bank of Australia to cut the cash rate in

    Original URL path: http://www.businessspectator.com.au/news/2014/1/9/retail/retail-sales-beat-forecasts-nov (2014-01-13)
    Open archived version from archive

  • Online sales push towards $15bn | Business Spectator
    abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Online sales push towards 15bn 8 Jan 3 10 PM 1 Industries Retail More than 70 per cent expected to have been spent within Australia You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AAP Australians are expected to have spent close to 15 billion shopping online during 2013 and local retailers received most of the benefit Total online retail spending for the 12 months to November was 14 6 billion according to National Australia Bank s online retail sales index which was up more than 10 per cent compared to a year earlier Chief economist Alan Oster said the figures for the year to December to be released in February were likely to be between 14 5 and 15 billion Of that he said more than 70 per cent was spent within Australia despite ongoing complaints from local retailers about competition from overseas Mr Oster said online sales were likely to grow more quickly over the next few years as the local internet shopping industry matures In the last few years it has grown at around 20 per cent That s slowed a lot in the past 12 months but I think its starting to go back up again he said He said online sales accounted for around 6 4 per cent of total retail spending in Australia which was still well below that seen in other developed countries If you look at the US and the UK where online is a little bit more mature they online sales are about nine to 10 per cent So I would have thought it s not yet at full maturation here The NAB figures show online retail spending grew by 1 5 per cent in November seasonally adjusted after being relatively flat in September and October Mr Oster said part of the surge

    Original URL path: http://www.businessspectator.com.au/news/2014/1/8/retail/online-sales-push-towards-15bn (2014-01-13)
    Open archived version from archive

  • Ikea abandons sales target | Business Spectator
    Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Is the EU about to abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Ikea abandons sales target 7 Jan 11 34 PM Industries Retail Swedish group says plan to double its sales was too optimistic You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AFP Swedish furniture giant Ikea has dropped its target of doubling sales between the 2012 2013 fiscal year and 2020 Our goal has so far proved to be too aggressive Goeran Grosskopf chairman of the Ingka Holding parent company that comprises all of the Ikea businesses told Swedish financial daily Dagens Industri on Tuesday Sales haven t developed as fast as we thought Ikea posted sales of 27 9 billion euros A40 84 billion in the fiscal year to the end of August only 3 1 per cent more than a year earlier In the 2011 2012 period growth reached 9 8 per cent the highest for six years The company blamed the slowdown on the global economic context The main reason is that the world economy hasn t evolved as strongly as we expected Grosskopf said Especially the development in southern Europe is very far from what we thought Last year Ikea founder Ingvar Kamprad known for his reluctance to talk to the media criticised the company s project to open 25 stores per year as being too ambitious Kamprad aged 87 and suffering from health problems is still listened to in Ikea even though he has left his various functions within the company Last June he announced he intended to leave Switzerland to re settle in Sweden by the end of 2013 or the beginning of 2014 still a pending plan in early January Grosskopf denied Kamprad s move had been delayed due to

    Original URL path: http://www.businessspectator.com.au/news/2014/1/7/retail/ikea-abandons-sales-target (2014-01-13)
    Open archived version from archive

  • Post-Christmas sales strong | Business Spectator
    Latest stories REVIEW Nokia Lumia 1520 The Nokia 1520 sports a number of key upgrades that bring it the Window s phone platform to parity with its Android competition But does this phablet do enough to sway attention from its rivals Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Is the EU about to abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Post Christmas sales strong 6 Jan 2 16 AM Industries Retail Retailers likely surpassed clearance sales forecast of 15 1bn report You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password A robust first week of post Christmas sales could see retailers top industry forecasts according to The Australian Myer Holdings Ltd chief executive Bernie Brookes told the paper the customary drop off in demand from Boxing Day was not as strong as usual a good sign of strong consumer demand We still have three weeks to go so you can t count the money yet but we ve certainly started okay he said Myer s main rival David Jones Ltd also told The Australian that it had recorded a strong start to the sales period after Christmas with both retailers seeing strong online growth The Australian Retailers Association had forecast sales of 15 1 billion during the clearance period though the industry body now believes this could be surpassed according to the report Print this page Related articles 10 Jan Britain s Christmas ghost of retail future 09 Jan Retail sales beat forecasts in Nov 08 Jan Online sales push towards 15bn 07 Jan Ikea

    Original URL path: http://www.businessspectator.com.au/news/2014/1/6/retail/post-christmas-sales-strong (2014-01-13)
    Open archived version from archive