Despite real estate investment trusts losing a third of their value,Charter Hall appears to have the financial firepower to make it through to a post-pandemic world.
Global fund manager Nuveen Real Estate has defied market uncertainty with the sale of a major stake in a Brisbane shopping centre to a family-run business for $285 million.
One of the country's biggest shopping centre landlords has posted a 31 per cent drop in sales growth for March,with April data tipped to be even worse.
Shoppers largely stayed away as the Emporium shopping centre reopened its doors in the CBD on Monday,despite indications an end to the lockdown was on the horizon.
A fierce battle is brewing between Australia's retailers and their multi-billion dollar landlords
Australia's central bank is warning of deteriorating conditions in commercial property markets with developers and banks exposed to high property valuations.
Embattled small to medium sized business tenants will be protected under a new commercial tenancy code of conduct.
Major retail landlords are facing rental declines of up to 20 per cent once the malls re-open and business is back in full swing.
Solomon Lew's Premier Investments has accused Westfield owner Scentre Group of taking"no action"after staff were exposed to coronavirus positive shoppers.
Dozens of tenants have petitioned the shopping centre's owners for a rent holiday because of COVID-19's devastating effects.
Retail,real estate,and travel stocks were savaged as the ASX dropped 6.4 per cent to the lowest level in four years on recession fears.