Latest Real Estate News

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.

Centuria Capital Group has secured a 50% stake in prime Sydney CBD offices for $454 million, launching a new fund targeting a 7.5% annual yield and backed by domestic and Japanese investors.

CDL Investments New Zealand (NZX: CDI) has secured Fast-track referral approval for its Middle Road residential development in Havelock North, paving the way for up to 350 new homes and reinforcing its Hawke’s Bay growth pipeline.

Lendlease has finalised the sale of its UK Build to Rent portfolio at Elephant Park, London, recycling capital with cash proceeds of approximately $260 million expected in FY26.

Winton Land's Chair and CEO Chris Meehan has taken immediate leave for health reasons amid a Board-led employment review, leaving leadership continuity uncertain.

Lendlease is selling its 25.1% stake in the Keyton Retirement Living Trust to Aware Super for $525 million, part of a broader $3.4 billion capital recycling push aimed at debt reduction.

Goodman NZ (NZX:GNZ) posted a 126% jump in statutory profit to $248 million for FY26, underpinned by strong property revaluations and leasing gains. The group completed its corporatisation and stapling, launched a property funds management platform, and progressed a development pipeline exceeding $1 billion.

BWP Property Group and BWP Trust have announced a preliminary distribution estimate of 9.83 cents per stapled security for the six months ending 30 June 2026, marking a 4% increase from the prior period. The entire distribution will come from BWP Trust, with no dividend expected from BWP Property Group Ltd.