Latest Real Estate Services News

Servcorp Limited delivered a record FY26 with a 24% rise in underlying NPBIT to $87 million, boosted dividends by 14%, and outlined a cautious yet optimistic FY27 growth strategy.

REA Group Ltd (ASX:REA) posted a robust FY26 with revenue up 7% to A$1.793 billion and core net profit rising 15% to A$682 million, supported by record audience engagement and strategic AI investments.

Acumentis Group has seen key shareholder notices withdrawn, halting a planned general meeting after questions emerged about a proposed board candidate's suitability.

The Agency Group Australia Ltd has reported a solid half-year performance with revenue rising 18% to $57.1 million and a 34% jump in gross commission income. The company narrowed its net loss and improved EBITDA, driven by strong sales and agent recruitment.

Servcorp has reported a robust first half for FY2026, with underlying profit soaring 34% and a strong dividend declared, signalling sustained momentum despite economic uncertainties.

Servcorp Limited has upgraded its FY2026 profit and cash flow guidance, reflecting robust operational momentum and improved revenue efficiency across its global serviced office portfolio.

Acumentis Group Limited has acquired a significant minority stake in its Mandurah franchisee, Valuations Pty Ltd, aiming to boost earnings and deepen collaboration across Western Australia and nationally.

Domain Holdings Australia has officially been acquired by US-based CoStar Group, with shareholders receiving cash payouts and a special dividend. The acquisition triggers a board overhaul and imminent ASX delisting.

Acumentis Group Limited has reported a robust FY2025 with a 35% jump in operating profits and declared a fully franked dividend, signaling confidence in its growth trajectory.

Servcorp Limited reported a landmark FY25 with revenue up 11% to $352.1 million and net profit after tax rising 36% to $53.1 million, driven by disciplined execution and strategic global expansion.

Domain Holdings Australia’s acquisition by CoStar Group has been approved by the Supreme Court of NSW, triggering a trading suspension on ASX and setting key payment dates for shareholders.

The Supreme Court of New South Wales has approved CoStar Group’s acquisition of Domain Holdings Australia, setting the stage for a significant ownership change and a special dividend payout to shareholders.