Latest Real Estate News

Evolution Trustees has appointed LDR Capital as the new manager of Elanor Commercial Property Fund following the termination of previous management agreements with Elanor Asset Services.

Garda Property Group has upgraded its FY26 earnings guidance by 10%, reduced gearing to 20.8%, and outlined ambitious plans to expand its Brisbane industrial portfolio and lending operations.

Garda Property Group reported a 16% rise in revenue and a 20% increase in funds from operations for the first half of 2026, while net profit after tax fell by nearly 24%. The group declared a steady interim distribution of 4 cents per security.

Elanor Investors Group has ended its management role in the Elanor Commercial Property Fund following a securityholder vote, receiving $8.5 million in compensation as the fund transitions to new leadership.

Elanor Commercial Property Fund members have voted to replace Elanor Funds Management Limited with Evolution Trustees Limited as the responsible entity, marking a significant governance shift now officially recorded by ASIC.

Centuria Office REIT (ASX, COF) reports a robust HY26 performance marked by significant leasing activity, a notable valuation uplift, and reaffirmed full-year guidance, underscoring a new cycle of recovery in the Australian office market.

Centuria Office REIT has delivered a strong half-year performance with increased portfolio valuation and reaffirmed full-year guidance, while strategically divesting a key asset at a premium.

Charter Hall Social Infrastructure REIT (CQE) has reported robust first-half FY26 results, driven by strategic acquisitions and strong rental growth, prompting an upgrade to its full-year earnings and distribution guidance.

Charter Hall Social Infrastructure REIT (CQE) reported a robust half-year performance with a 51.6% jump in statutory profit and upgraded its FY26 distribution guidance, underpinned by strategic acquisitions and refinancing.

Charter Hall Social Infrastructure REIT reported a robust half-year profit increase to $47 million, driven by strategic acquisitions, asset sales, and a successful debt refinancing that expanded borrowing capacity.

Abacus Group has begun preliminary discussions with Abacus Storage King about potentially internalising its management functions, signaling possible structural changes ahead.

Abacus Storage King has initiated early-stage discussions to internalise its management functions, potentially reshaping its governance and operational control. The move could see new leadership appointments if the deal proceeds.