Latest Real Estate News

Goodman NZ surged to a $248 million statutory profit in FY26, propelled by strong property revaluations and leasing gains, while advancing major development projects and transitioning to a stapled group structure.

Charter Hall Group upgrades its FY26 operating earnings guidance by 3%, buoyed by record institutional capital inflows and expanding funds under management reaching $74.7 billion.

Dexus Convenience Retail REIT has agreed to sell three convenience retail assets for $8 million, achieving a 1.4% premium to book value, with proceeds earmarked for its on-market buy-back program.

Elanor Investors Group has obtained an ASX waiver allowing it to delay issuing stapled securities as part of its acquisition of Singapore-based Firmus Capital until July 10, 2026, due to pending regulatory approvals.

Investore Property Limited reported a resilient FY26 with 14% portfolio growth driven by acquisitions, maintained dividends, and proactive capital management amid inflationary pressures.

New Zealand Rural Land Company posted a stable FY25 with $7.9 million net profit and raised FY26 AFFO guidance, shifting to quarterly dividends targeting 90-100% of AFFO amid a board refresh.

Argosy Property Limited reported a 3.3% rise in net property income to $120.8 million for FY26, underpinned by strong leasing, a $58.5 million revaluation gain, and progress towards a 50% green portfolio by 2031.

CVC Limited announces the planned resignation of CEO Mark Avery by July 2026, triggering a leadership reshuffle with Executive Chair Craig Treasure set to become Managing Director and Andrew Ashwood stepping in as CEO.

US Masters Residential Property Group (URF) sold 40 properties for US$48.59 million in Q1 2026, cutting its portfolio to 121 assets valued at US$123.21 million. The Group targets a full exit by year-end amid stable market conditions despite geopolitical and local political challenges.

Aland Equity Group (ASX: AEG) has locked in long-term funding rights over major NSW and ACT-area developments, marking a strategic pivot into property funds management with a pipeline exceeding 4,200 residential lots and 100,000sqm of commercial space.

Abacus Storage King (ASK) is set to internalise its management by acquiring its responsible entity from Abacus Group for about $24 million, unlocking $7 million in annual cost savings and boosting funds from operations by 6%. The move, effective 30 June 2026, coincides with a rebrand to Storage King Group and new leadership appointments.

Abacus Group (ASX:ABG) is set to internalise management of Abacus Storage King (ASK), acquiring full control of ASK’s responsible entity for $24 million. The move marks a strategic shift as ABG refocuses on its core commercial real estate business.