Latest Real Estate News

Charter Hall Long WALE REIT has announced a 6.25 cents per stapled security distribution for the quarter ended March 31, 2025, featuring a significant AMIT Fund Payment component. This distribution reflects the REIT’s ongoing commitment to delivering steady income to investors under the Attribution Managed Investment Trust framework.

Abacus Storage King reports a 5.5% uplift in its property portfolio valuation as of March 2025, driven by improved operations and recent developments. This boost is expected to increase net tangible assets by around $0.13 per security.

AVJennings Limited has announced a proposed $0.655 per share acquisition scheme by PM Nominees C Pty Ltd, an investment vehicle of Proprium Capital Partners and AVID, offering shareholders a near 100% premium over recent trading prices. The scheme, supported unanimously by the board and an independent expert, awaits shareholder and court approval.

Growthpoint Properties Australia has raised its FY25 funds from operations guidance and expanded its logistics portfolio with a $40 million industrial asset acquisition in Queensland, signaling strong operational momentum.

Scentre Group reports rising customer visits and record business partner sales, while advancing major Westfield redevelopments and reaffirming 2025 earnings guidance.

Vicinity Centres reports a robust third quarter for FY25, driven by strong retailer demand and shopper confidence, highlighted by the successful launch of The Market Pavilion at Chadstone.

Vicinity Centres reports a robust third quarter for FY25, buoyed by record visitation at Chadstone’s new Market Pavilion and strong retail sales growth. The company now expects full-year earnings at the top end of guidance, underpinned by resilient portfolio metrics and strategic asset management.

Unibail-Rodamco-Westfield and Cenomi Centers have entered a decade-long exclusive partnership to bring the Westfield brand to Saudi Arabia’s premier shopping centres, aiming to reshape retail experiences across the Kingdom’s largest cities.

AVJennings reported a 25% rise in Q3 FY25 contract signings and a 26% increase in settlements, while progressing an acquisition scheme that could reshape its future.

US Masters Residential Property Group has amended its loan agreement with Global Atlantic, significantly lowering its Tangible Net Worth covenant to align with a strategic sales-driven reduction in debt.

Eureka Group Holdings has acquired the Burrum River Caravan Park on Queensland’s Fraser Coast for $5.3 million, targeting a strategic expansion of long-term rental accommodation amid regional housing pressures and infrastructure growth.

WOTSO Group reports robust expansion with 31 flexible workspace locations and a $299 million property portfolio, trading at a notable discount to net asset value. The company’s suburban focus and operational discipline underpin sustained revenue and occupancy gains.