Latest Real Estate News

Raptis Group Limited has completed a $225,000 private placement and launched a fully underwritten $1.75 million entitlement offer, aiming to expand its property management portfolio with a possible Broadbeach acquisition.

Aspen Group has offloaded its remaining stake in Eureka Group Holdings for $27.5 million, using the proceeds to significantly reduce its net debt while maintaining its FY25 earnings guidance.

Lendlease has partnered with The Crown Estate to create a 50/50 joint venture aimed at accelerating capital recycling of over $300 million through UK commercial and residential developments. The deal also includes a $1.2 billion Australian office investment mandate, boosting Lendlease’s funds under management to $20 billion.

Aspen Group has successfully raised $70.18 million through an institutional placement, aiming to reduce debt and pursue new growth opportunities. A Security Purchase Plan is also underway for eligible investors.

Dexus disputes a formal notice from Australia Pacific Airports Corporation accusing it of breaching confidentiality during a sale process of its airport stakes. The unfolding dispute could have significant governance and financial implications for both parties.

GPT Group and QuadReal Property Group have partnered to create a $1 billion logistics joint venture focused on Australia's east coast, aiming to expand their footprint in stabilised and core plus logistics assets.

Garda Property Group has upgraded its FY25 Funds from Operations guidance by 12%, maintaining distributions while preparing for the North Lakes sale settlement in August 2025. The sale proceeds will significantly reduce gearing, with capital gains tax implications deferred to FY26.

Aspen Group has launched a $74 million equity raising to reduce debt and capitalize on growth opportunities in affordable housing, maintaining its FY25 earnings guidance.

Aspen Group announces a $74 million equity raise alongside robust earnings growth and unchanged FY25 guidance, positioning itself for expansion in Australia’s tight housing market.

Peet Limited announces the planned departure of long-serving CEO Brendan Gore, with CFO Brett Fullarton stepping in as interim leader. The company also signals a strategic review amid shareholder requests.

Centuria Office REIT has reaffirmed its FY25 financial guidance while navigating elevated vacancies and fragmented leasing momentum in the Australian office market.

Lendlease is in advanced talks to form a 50/50 joint venture with Crown Estate, aiming to accelerate capital release and enhance development delivery across its UK portfolio.