Business
ASX up 1% and near post-pandemic high; Banks, Telstra surge – The Age
The ASX200 rose 1% at Tuesday’s open, and was a whisker away from 6200 and its highest intraday peak since the rout of the market in February and March.
But the concentration of Centuria Offices portfolio in suburban locations, plus a tenant mix skewed to government, listed or multinational companies, has helped it ride out the pandemic.
During the three months to June, the fund provided $2.4 million in relief to tenants, a figure that halved over the following three months to September, to around $1 million.
The $1 billion listed fund reported a slight dip in occupancy, to 96 per cent, across its multiple office towers, a result it attributed…
-
Noosa News23 hours agoTranslink data shows buses are late more often as Queensland approaches one year of 50¢ fares
-
General21 hours agoIndia defeats England in fifth Test to tie the series as Chris Woakes bats in a sling
-
General21 hours agoAustralia’s social media ban is a slippery slope
-
General23 hours agoRivers of gold pour into Kalgoorlie for mining forum