Trade opportunities
The RBA has cut official interest rates from 1.75% to 1.50%. With inflation at 17 year lows, wage growth at record lows and contracting investment growth, it’s clear that the RBA has made the right decision for the times
Opinion
Ian Silk, Chief Executive of the $100 billion Australian Super fund, has dispelled any doubt that we are stuck in a low interest, low inflation environment, announcing this week that Australian Super’s Balanced Fund had returned 4.54 percent for the 2015 to 2016 year
Company updates
News in the past week: 360 Capital delivered a solid 1H16 result, Moody’s downgraded BHP Billiton, CBL Corporation released strong FY15 results, Emeco reported on 1H16, Fortescue bond prices have rallied on recent events and Glencore increases debt reduction target along with FY15 result
Company updates
360 Capital has delivered a solid result for 1H16, highlighted by strong growth in its funds management and co-investment revenues, as well as the full repayment of bank debt during the period
Company research
360 Capital Group Limited (360 Capital) is an Australian Securities Exchange listed (ASX: TGP) property fund manager and co-investor, created by the merger of 360 Capital Property and Trafalgar Corporate Group Limited in October 2013
Company updates
360 Capital’s strong FY15 result and guidance for the FY16 highlights the company’s continuing and successful transition into a co-investor and fund manager, with recurring income streams from its co-investment and funds management activities more than doubling over the reporting year
Company updates
360 Capital is progressing well on its transition from direct investing to becoming a ‘capital light’ funds management and co-investment business
Company updates
PAYCE released a further update on the East Village project to the ASX on 29 October 2014 which confirmed the retail and commercial portion of East Village was opened on 22 October 2014 and that refinance has been completed
Company factsheets
360 Capital Group Limited (360 Capital) is an ASX listed (ASX: TGP) real estate investment and funds management group that concentrates on the strategic investment in, and active investment management of, real estate and real estate related assets
Company updates
The bonds are senior unsecured and will pay 6.90% p.a. with maturity in five years