Latest Real Estate News

GDI Property Group has reported a strong turnaround in FY25, posting a $35.6 million net profit and a 20% increase in Funds From Operations, while maintaining its distribution at 5 cents per security.

Stockland has amended its final dividend record date to 30 June 2025, confirming robust financial results for the fiscal year with significant profit growth.

International Equities Corporation Ltd reported a $1.249 million net loss for FY2025, reflecting ongoing challenges in its tourism segment amid a slowing economy and rising costs. The company’s property development and leasing operations also faced headwinds, leading to a decline in overall revenue and asset backing.

GDI has exchanged contracts to sell six assets from its Autoleague Portfolio for $74 million, marking a significant gain over original costs and setting the stage for substantial unitholder distributions.

Rural Funds Group reported a solid FY25 with rising property and farming income driven by macadamia developments, while maintaining stable distributions and preparing for significant capital expenditure in FY26.

Charter Hall Long WALE REIT (ASX, CLW) has announced the reactivation of its Distribution Reinvestment Plan (DRP) for the upcoming September 30, 2025 quarterly distribution, offering investors a cost-effective way to reinvest dividends.

Desane Group Holdings anticipates a strong leap in earnings before interest and tax for FY25, nearly doubling last year’s figure. The final audited results are expected by the end of August.

Elanor Commercial Property Fund's Independent Board Committee has unanimously recommended that securityholders reject the unsolicited takeover offer from Lederer Group, citing undervaluation and lack of control premium.

Aspen Group has delivered FY25 results ahead of expectations, driven by robust rental income and development profits, setting the stage for an optimistic FY26 outlook.

Aspen Group has reported FY25 results that exceeded expectations, showcasing strong growth in earnings, dividends, and net asset value. The company’s diversified portfolio and disciplined capital management underpin a confident outlook for FY26.

Peet Limited delivered a robust FY25 performance with a 60% jump in net operating profit and a strong sales pipeline, while initiating a strategic review to capitalize on favorable market conditions.

Reef Casino Trust faces a new takeover challenge as Morris Group submits a conditional $191.7 million cash offer, competing with the board-backed Iris proposal. The trust’s Independent Board Committee urges unitholders to hold off while assessing the competing bids.