Latest Real Estate News

International Equities Corporation Ltd (ASX:IEQ) posted a modest profit for the June 2026 quarter, reversing prior losses amid a challenging economic backdrop that forced the company to exit its hotel and tourism activities.

SkyCity Entertainment Group has completed the unconditional sale of its 99 Albert Street and Victoria Street properties for $74.5 million, aiming to reduce debt and boost financial flexibility.

Fleetwood Limited is set to acquire Red Dog Village, Karratha’s largest transient worker accommodation facility, for $20 million, significantly boosting its regional scale and earnings potential.

Dexus has secured a court date in October for the pivotal appeals in its ongoing APAC legal dispute, with multiple parties lodging cross-appeals and contentions following the May Supreme Court judgment.

Ingenia Communities is in discussions with Peet Limited and potential capital partners to extend its land lease portfolio beyond its current five-year plan, aiming to boost scale and financial flexibility.

Ingenia Communities Group confirms it is in discussions with Peet Limited and potential capital partners to explore extending its land bank and accelerating growth in the land lease segment.

New Zealand Rural Land Company faces uncertainty as Kiwi Crunch Farms, a tenant accounting for nearly 6% of rental income, enters receivership. Additional leases tied to the same owner add to risk, prompting suspension of earnings guidance.

Summerset Group maintained stable new sales in Q2 2026 with a notable 26% jump in resales, while prudently reducing its New Zealand build rate in response to economic uncertainty.

Dexus's latest external valuations reveal a modest 0.2% decline in its stabilised office and industrial portfolio values as of June 2026, reflecting subtle shifts in capitalisation rates and rental growth.

Winton Land’s CEO and Chair Chris Meehan has resigned immediately during a board-led employment process, with independent director Steven Joyce appointed as Chair and an interim leadership reshuffle underway.

Abacus Storage King has finalised its internalisation process, appointing Nikki Lawson as CEO and rebranding to Storage King Group with a new ASX ticker SKG.

Lendlease has partnered with The Crown Estate to form the Impact Partnership Joint Venture, unlocking a £24 billion UK development pipeline including up to 30,000 new homes and nearly a million square metres of office and life sciences space.