Lendlease Group
LLC: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$2.40 | Crslm | Vtlfdkxl |
Australia's Population Growth Will Continue to Buoy Rents; Fair Value Estimates Maintained for REITs
The federal government’s migration review was released on Dec. 11 and it suggests high population growth remains the status quo. The review tinkers with various visa rules, but contains no major reduction in migrant numbers, suggesting high migration will persist, relative to precoronavirus levels and versus other developed countries.