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Consolidation News

Eyes On Price Of Property Development Companies

Sunday April 15, 2007
IRREGULAR DEVELOPMENTS: An irregular consolidation phase has been developing for the share price of Australand, a property developer involved in medium and high-density housing, as well as commercial and industrial property. Oscillations may continue between $2.10 and $2.40 within the final stages of the phase with a further drop possible towards $1.90, before the upswing resumes towards $2.75 and $3.20 and possibly much higher. The risk would be a deeper pullback on a drop below $1.90.

High Density A Failure: Report

Tuesday April 10, 2007
URBAN consolidation in Sydney has failed to deliver on its goals for the past 20 years and the high levels proposed in the State Government's Metropolitan Strategy will be hard to achieve, says a new research paper.