Editor's Choice
Green Moves: ACSI, PRI, HOPE Housing
PRI chief executive steps down, while ACSI strengthens its ESG team with a Greenfluence founder and HOPE Housing hires a director to raise capital.
Industry fund dumps sustainable option
Prime Super will remove the SRI Balanced option from its investments lineup, citing its poor performance.
Proposals against ESG, DEI to increase: Proxy advisor
Shareholder engagement is likely to change this year, ISS-Corporate says.
Australians reject net zero targets, polling claims
New polling suggests Australians are still not convinced a move to net zero is in their best interests, much preferring the government focus on affordability and reliability.
How sustainable will CFSGAM investments in retail shopping centres become with the rapidly increasing levels of retail revenues shifting from Bricks and Morter Retail to either hybridised or totally internet based business? Trends in the UK and the USA indicate significant movement away from traditional methods of retailing to the internet and away from expensive retail sites such as yours Colonial. This movement is rapidly affecting many of the sectors Colonial relies on as tenants eg fashion. At the present time, to keep yield levels up, Colonial is constantly in breach of the NSW Retail Leases Act and the Australian Accounting Standards requirements for levels of service and reporting reqirements to its tenants as they have been indulging in the deliberate 'mismanagement' of Promotions Contributions and Outgoings to prop up their progfitability to the detriment fo their tenants (mainly small businesses). These are monies paid to Colonial in trust for expending on behalf of their tenants. Is Colonials performance becoming affected by this new technology, and as a result Colonial is turning to questionable business practices (illegal business practices) in order to keep up their yields?