BUZZ-Citi says Australian real estate sector relatively attractive; property firms gain

Reuters
06 Jan
BUZZ-Citi says Australian real estate sector relatively attractive; property firms gain

** Citi says the Australian real estate sector remains a relatively attractive growth opportunity, reflective of its strong demand-supply fundamentals

** Brokerage says the sector's low development supply is supported by strong underlying consumer demand, driven by a resilient local consumer and growing populations from immigration

** Australia's real estate sector .AXRE up 1.1% on Monday

** Citi anticipates rising investor interest in the sub-sector physical markets in 2025

** Brokerage sees higher corporate activity, supported valuations and growth in funds management platforms in retail real estate

** Sector majors Dexus DXS.AX and Goodman Group GMG.AX up 0.7% and 1.5%, respectively

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10