|
|
Article: Orbis confident REIT spree will pay off.
- Article from:
- Australasian Business Intelligence
- Article date:
- February 24, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Lisa Carapiet
Feb 24, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Orbis Australia has not been deterred by the massive writedowns in the listed property trust sector during the February 2009 reporting season. The Orbis/SM Australia Equity Fund has continued to increase its holdings in the sector, acquiring shares in Macquarie DDR Trust and the ING Industrial Fund in recent weeks.
Publication Date: 25 February 2009
ORBIS INVESTMENT MANAGEMENT ...