Frasers Property announces almost $1B in profit for FY22

The company announced S$928 million attributable profit, up 11%, or up 60% for Attributable Profit (adjusted)

Dexus Industria REIT announces $160.5 million sale of Homebush Bay Drive assets

Proceeds of the sale will be utilised to repay debt and strengthen the fund’s balance sheets

Tuesday ASX Wrap: 8 November 2022

The market closed up 25.20 points today to 6,958.90 points, with news including quarterly results, an acquisition, disposal, and board appointment

Centuria (ASX: CNI) acquries $36M Wesfarmers leased distribution centre in Mackay for new unlisted fund

The property is located in Paget, the main industrial and distribution centre for the Mackay region

MaxCap bolsters assets for new hybrid equity fund

The diversified assets were acquired with $125 million, and consists of residential, industrial and office assets in Sydney, Melbourne and Brisbane

QUBE Property Group records highest level of capital raising activity in 27 years

The property fund has raised $60 million in investor equity

End of week ASX wrap: 28 October 2022

Vicinity Centres and Scentre Group made the top five, and $30M of acquisitions in retirement living

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