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Ingenia Communities has told ASX it found no evidence that directors, executives or advisers disclosed confidential takeover information before market announcements. The company remains unable to explain how details of competing AVID and Warburg Pincus proposals appeared in media reports ahead of release.

Peet’s proposed takeover by Ingenia has cleared its first formal Court hurdle, with ASIC registering the Scheme Booklet ahead of a shareholder vote on 7 December. Kroll says the deal is fair and in shareholders’ best interests, but ACCC clearance, Flagstone documentation and a second Court hearing remain outstanding.

CAQ Holdings ended the September quarter with $487,000 in cash and an estimated 1.34 quarters of funding, while all $3.957 million of its financing facilities remained drawn. Property revenue was stable, but the company said its proposed debt extension had not been finalised.

International Equities Corporation lifted September-quarter revenue 46.8% to A$753,000, but remained loss-making as apartment disposals and new borrowings supported liquidity. The company ended the quarter with A$1.207 million in cash and reported 5.7 quarters of funding based on cash and unused facilities.

Peet delivered record FY26 earnings as its proposed sale to Ingenia moves through the approval process. Profit rose 77% to $103.4 million, while contracts on hand climbed to $850.7 million and the fully franked dividend increased to 13 cents per share.

Aland Equity Group expects its first capital-light property fund to deliver approximately $4.1 million in net returns by 30 June 2027. The forecast combines $3.37 million in management fees with a further $725,000 in investment returns, but remains subject to shareholder approval and successful lot sales.

Peet has lodged its draft scheme booklet, including the independent expert’s report, with ASIC as the proposed Ingenia takeover advances towards a shareholder vote. The transaction is targeted for implementation in late December, subject to regulatory, court and shareholder approvals.

Desane Group Holdings reported a sharp FY26 profit decline as lower property revaluation gains and higher finance costs overwhelmed largely stable rental income. The ASX-listed property group enters FY27 with more cash, conservative gearing and two developments that now need to convert asset value into earnings.

Ingenia Communities has rejected Warburg Pincus’s revised $5.05 per stapled security proposal, saying the offer substantially undervalues the group. The board remains open to a higher-value approach, leaving the takeover discussion unresolved.

Finbar has moved its Romeo apartment project in Applecross into construction after securing 103 sales worth A$121.1 million. Recent activity has accelerated, with investors accounting for about half of the 18 lots sold since 1 August.