165 Laurel Ave, Chelmer.It has four bedrooms, and six bathrooms and is a contemporary home on the river.The four-level home has all the high tech bells and whistles. It has a large home office and library which has been set up as a “designated business space’’ separate from the home. 7 Kenrose St, Carina. Picture: realestate.com.auDownstairs are three bedrooms, an open plan second kitchen and living room. There is a bathroom and a laundry and utility room plus a covered patio. 4 Millicent St. Shailer Park. Picture: realestate.com.auThe house, which is listed through the Mark Coleman Team at RE/MAX Territory – Shailer Park has an asking price in the high $500,000s.The four-bedroom home has been updated and has blackbutt timber flooring. 7 Kenrose St, Carina. Picture: realestate.com.auUpstairs are polished hard wood floors and plantation shutters. The living and dining area are open plan and there is a front balcony.A home at 1 Gearside St, Everton Park seeking offers of more than $475,000 rounded out top five listings this week. 4 Millicent St, Shailer Park. Picture: realestate.com.auThere is a bar within the living area and the kitchen has gloss acrylic cabinetry, Caesarstone benchtops and an induction cooktop.Carina was home to the fourth most popular listing this week with a five-bedroom house at 7 Kenrose St. It is listed for $785,000 through Tony Ugrinic of @Realty – Carina.The dual-living home is on 706 sq m. 1 Gearside St, Everton Park. Picture: realestate.com.auThe home, listed through Liam Mahony at Coronis – Arana Hills, has a very large outdoor living area. 20 Joachim St, Holland Park West. Picture: realestate.com.auFORGET luxury real estate this affordable property was the one most potential buyers viewed in Queensland this week.The four-bedroom home at 20 Joachim St, Holland Park West was the most viewed property on realestate.com.au in Queensland this week.The house is listed for buyers in the mid $600,000s through Dianne Deem of Ray White Eight Mile Plains. 20 Joachim St, Holland Park West. Picture: realestate.com.auIt is described as a good entry level investment in the suburb.The two-storey house overlooks parklands and is close to public transport.It has polished hardwood floors, a renovated kitchen with a dishwasher and four bedrooms upstairs. Downstairs is a second bathroom and the potential to create a living area.It was back to the luxury market for the second most popular this week, a home in blue chip Chelmer at 165 Laurel Ave.The home, is listed through Hannah Dodds of Queensland Sotheby’s International Realty Paddington. 1 Gearside St, Everton Park. Picture: realestate.com.auThe post war home has three bedrooms, polished timber floors and an updated kitchen and dining area with a gas cook top and range hood. More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor2 hours ago165 Laurel Ave, Chelmer.Inside the home are floating timber stairs which lead up to the main living areas.Open plan living areas lead out to outdoor terraces with a heated lap pool, spa and poolside barbecue kitchen.A home at 4 Millicent St, Shailer Park was popular with prospective buyers this week coming in third on the list of most viewed homes.
Dutch pension investor APG is to invest in Chinese fixed income securities as part of its partnership with E Fund, the biggest comprehensive fund manager in China.The fixed income move follows the launch of a €594m A-Shares strategy with E Fund in early 2018. APG’s partnership with E Fund was announced in 2016.An APG spokesman told IPE it would be starting with a €75m mandate and would decide on the pace it wanted to expand based on its experience with its first steps in the Chinese credit market. Expansion could happen quickly, he added, noting that the market was forecast to be just as big as in the US and euro-zone markets in 20 years.The asset manager said the China fixed income strategy fully incorporated the responsible investment policies of its pension fund clients, which included the aim to increase investments that contribute to the United Nation’s Sustainable Development Goals. APG is the asset manager for the €459bn civil service scheme ABP. “A market of this scope has never before opened up in the way that China is right now”Sandor Steverink, head of treasuries at APG’s asset management divisionSteverink explained that the fixed income strategy did not distinguish between corporate bonds and local government bonds “because the boundaries between them are less defined in China”.Close ESG monitoringWith regard to the strategy’s responsible investment aspects, Steverink explained that APG has to do more research into the entities it invests in because environmental, social and corporate governance (ESG) standards were lower in China than in the western world.“That is why we are starting with a more concentrated portfolio than usual, within fixed income securities, where risk-distribution is very essential,” he said.Because of the cooperation with E Fund, APG had direct access to the information about companies and agencies, he added.APG indicated it hopes its involvement in the Chinese fixed income market will help raise ESG standards.Jian Hu, managing director of fixed income at E Fund, said: “China’s bond market needs to learn and implement more sophisticated principles and rules from developed markets.“Responsible investment is still a relatively new step in China, yet the regulators and government encourage the initiatives.”New local offices APG is setting up satellite offices in Shanghai and Beijing in connection with its new China fixed income strategy.Steverink said: “To execute this strategy successfully we need to have people present in China.“By having our own office locations in China, we can work closely and better with E Fund, which is just a short walk away from our Beijing office.”Having a strong local presence was also crucial given China’s growing importance in international capital markets and challenges to do with ESG disclosure and awareness in the market, he said. In comments on APG’s website, Sandor Steverink, head of treasuries at APG’s asset management division, said the Chinese fixed income market “is a once-in-a-lifetime opportunity”.“A market of this scope has never before opened up in the way that China is right now,” he said. “So far, China has been greatly underrepresented in our investment portfolio, especially considering it is the second economy of the world.”
Villa owner Randy Lerner may have been criticised for his lack of recent investment in the Midlands giants, but he has kept faith with Lambert. Gregory, Villa manager for four years between 1998 and 2002, feels Lambert has earned that trust purely by recruiting Benteke for a miserly £7million from Genk last summer. “Purely signing Benteke is enough to keep Paul Lambert in work for another two years,” said Gregory. “It was a stroke of genius. Whether or not Villa are able to hang onto him in the summer remains to be seen but this guy is a real find. It amazes me the likes of Arsenal have missed someone of that calibre. He scored the winning goal against QPR and seems a complete snip at £7million.” Nevertheless, it has taken commendable nerve from Lambert, who has been given a little breathing space with successive wins over Reading and QPR even if he knows Villa will be back in the bottom three on Saturday evening should Wigan beat Norwich. “Only time will tell whether the decision not to buy in January was brave or foolhardy,” said Gregory. “But standing by Paul was the right thing to do to because the signs are there. “It was a big shock that Reading parted with their manager at such a strange time. Had it been January you could understand it because the new guy would have a chance to bring in one or two signings. Now Reading can only play the same players until the end of the season.” Keeping out of that dreaded bottom three is the only task remaining for Villa now. With a team built around younger players, little can be taken for granted, and a last-day trip to Wigan has an ominous look about it. But Gregory feels that if the survival battle can be won, the future at Villa Park may be quite bright. “Paul Lambert was given a very limited budget,” he said. “The club weren’t prepared to spend money willy-nilly because it didn’t seem to be working. Instead, Paul has invested in youth. He lost one or two of his more experienced players through injury or bad form and has had to put out inexperienced teams week after week. “They have not been particularly good defensively but I always felt they could nick something because they have good strikers with a lot of pace. If Paul can manage to negotiate this season and keep the club in the Premier League, you will see a much improved Aston Villa squad next year.” Former Aston Villa boss John Gregory believes the discovery of Christian Benteke alone should guarantee Paul Lambert another two seasons at the club. Press Association