Meriton sells flats and if not sold has no return with...

Meriton sells flats and if not sold has no return with escalating holding costs , that is a totally different market in over supply at this point of the cycle , wise move for Meriton , GMG is in a totally different and unique space , shopping center REITS are better investments than Resi real estate but have had very little growth compared to GMG for the following reasons.

Consumers have tuned to on line purchases in droves , they want delivery to door within days , that requires well located distribution centers close to major cities world wide ,
GMG is the world leader in this huge growth market and the must go to in this market , thats is taking a huge chunk out retail centers profits.

GMG is in a unique position , has at June 2017 $12.1 billion available in undrawn debt, equity and cash just waiting for opportunities to present them selves , that available cash can be generating 7% net on cost plus capital growth , great position to be in.

What can the Labour party do to GMG ? its more what the Labour party will do to itself and the economy that is if it gets in ? abolishing negative gearing will kill new investment and cause a recession , un employment will rise because Australia is heavily reliant on the construction and Real estate market to be healthy , what ever it is it needs to be financed and negative geared for some time , NSW is already down $8 billion in stamp duty revenue last year . what will it be next year and where will they make it up?

GMG will have the cash to fund new projects without negative gearing , Labour made that mistake before , even those that are not negative geared now but with rising interest rates will be , what then ? will voters fall for this stupidity again ?