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Property trusts Business News

This business topic index page has the latest Property trusts business news stories from Fairfax Media newspapers and online sources.

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2009 good time to buy property: broker

Australians could find 2009 an opportune time to buy property, but they should not expect a swift recovery in housing prices.

Nest Property to finish last in Syd-Hob

Tiny Tasmanian yacht Nest Property is on course to be the last boat across the finish line in the 2008 Sydney to Hobart race.

Toddler dies on northern NSW property

Poison may have played a part in the death of a toddler at a property in northern NSW.

Melbourne's property market floats down with a parachute

Against a backdrop of the global financial crisis, plummeting share prices and the subprime mortgage meltdown, Melbourne's property market was not so bad.

New property rules to benefit foreigners

Temporary residents and overseas businesses will soon be able to purchase residential property more easily in Australia.

ING Property sells five NZ properties

ING Property Trust is raising $NZ49.4 million ($A40.81 million) to pay down debt by selling five properties.

Buyers returning to property market: AFG

Having steered clear of the property market for most of the year, first home buyers are storming back, Australian mortgage broker AFG says.

Trusts dropped from key indices

THE turmoil of the past year has taken a final toll on a number of real estate investment trusts, which have lost close to 90 per cent of their market value and are no longer eligible to hold a position in key market indices.

ING's trusts in major overhaul

ING'S property trusts have undertaken to overhaul operations, leading to capital raisings, potential asset sales and a cut in full-year distributions.

Property trusts to tap market

The Dexus Property and ING Office funds have taken advantage of the fall in interest rates by tapping the market for up to $800 million in capital raisings to retire debt from their balance sheets.