“Turn the lights off on the way out the door” is exactly what Macquarie Bank did recently when they were the final bank in Australia to stop lending to SMSFs for the purposes of purchasing residential property.
CFMG Capital Launches Middleton Park II
Middleton Park II, as the name suggests, is the extension of an existing CFMG Capital residential development delivered by the fund and thus enjoys the benefits of being a proven project. The site lies immediately adjacent to the existing 150 lot Middleton Park development and will create an additional 186 allotments to form a 336 lot residential community.
Unlisted Property Funds outperform in 2018
Unlisted property funds have continued their spectacular run of returns in the past 5 years, once again outperforming listed real estate trusts, direct property investments and the broader equities market – delivering a return of 13.8% throughout calendar year 2018.
Success a Result Of Workplace Diversity
International Women’s Day (IWD) is celebrated around the world on the 8th of March and is a day to reflect on how far society has come and how far we still have to go to truly achieve gender equality. Last week, the women of CFMG Capital attended an International Women’s Day lunch to celebrate this day.
Market Cycles Creating Opportunities
The point we’re making here isn’t to start trying to essentially ‘stock pick’ or list suburbs outperforming other suburbs in these major markets, but to simply point out the opportunities created by the basic property cycle, particularly for developers (or investors) who take a national view, or even just an eastern seaboard view.
Middleton Park Stage 1 achieves title registration
Stage 1 of the 336 lot Middleton Park residential development achieved title registration last week. Consisting of 75 lots, Stage 1 was well received by local owner occupiers given the prime location, presentation and value for money. With the stage over 70% unconditionally sold out prior to titles being achieved, the first residents should be…
CFMG Capital Achieves Title Registration For 132 Lots During February
CFMG Capital achieved title registration at two separate projects in South East Queensland in recent weeks, after the single stage 57 lot residential community known as Oakland Pocket in Morayfield completed early in the month. Meanwhile, on the south side – the 75 lot Stage 1 plan, as part of the larger 336 Lot Logan Reserve development known as Middleton Park also achieved title registration.
CFMG Capital attends SMSF Association National Conference
Given over 85% of the investments in the CFMG Capital investment opportunities have come via SMSF Trustees, it was a natural progression to take part in this industry event, taking the opportunity to enhance technical knowledge, assess various service opportunities and provide education to industry stakeholders about the CFMG Land & Opportunity Fund.
What’s Next For Property and Politics
With the housing market cooling off in the two major Australian capitals, we can probably expect some finger pointing from both sides of politics, likely at each other, at APRA, at the banks and anywhere else they feel some political capital can be gained! The incumbent Government appears more focussed on issues other than the property market, and want a non-interventionist approach, while the opposition seem intent on shaking things up.
Banking Royal Commission – Did They Miss The Point?
While the fallout for the banks in terms of public relations and enhanced scrutiny thanks to underwhelming performances on the stand from senior figures and a myriad of allegations and confirmed misconduct will be long lasting, if anything from a structural and penal point of view, they seem relatively unscathed compared to the untold damage likely to be done to a swathe of small business should some of the recommendations of the report be upheld.