logistics

The property sector is proving a profitable ground for potential listings of new companies on the ASX, with Newmark Capital the latest to weigh up a move as it readies a potential listing of its $300 million hardware trust.

The pipeline of companies lining up to float on the Australian Securities Exchange is being bolstered as US private equity giant Blackstone readies the launch of the Milestone Logistics Group.

Global insurance and investment company Swiss Re will put a massive commercial property portfolio on the block in a move that could garner it more than $1 billion.