Latest Real Estate News

Hotel Property Investments (HPI) reported a resilient H1 FY25 with a $1.26 billion portfolio and upgraded its distribution guidance to 19.7 cents per security, despite significant governance changes amid a takeover bid.

Hotel Property Investments (HPI) reported a solid $16.7 million statutory profit for H1 FY25, alongside a 3.2% rise in distributions and a successful debt refinancing that extends maturity and reduces costs.

Hotel Property Investments has announced significant leadership changes following increased shareholding by Charter Hall and Hostplus, signaling a strategic pivot for the property investment firm.

Hotel Property Investments (HPI) reported a robust half-year profit of A$16.7 million, driven by rising rental income and property valuations, while managing significant takeover defence costs amid Charter Hall Retail REIT and Hostplus bids.

Metrics Real Estate Multi-Strategy Fund has updated its dividend announcement, confirming an ordinary distribution of AUD 0.0096 per unit for the month ending January 31, 2025, payable on February 10.

Eureka Group Holdings has acquired a mixed-use residential park in Gladstone, marking its strategic entry into the all-age rental market with promising yield and expansion potential.

Garda Property Group has reaffirmed its FY25 income return at 7.2 cents per security and upgraded its distribution payout ratio to 95% of FFO. The group plans to sell its North Lakes industrial site for $114 million and is marketing its Cairns Corporate Tower, aiming to reduce gearing and reposition as a focused industrial REIT.

Garda Property Group reported a net loss of $10.19 million for the half-year ended December 31, 2024, yet maintained its interim dividend, signaling resilience amid asset value declines.

REA Group Ltd has announced a fully franked ordinary dividend of AUD 1.10 per share for the half-year ending December 2024, signaling continued shareholder returns.

REA Group Ltd has delivered a robust half-year performance, reporting a 20% increase in revenue to $872.9 million and a 26% rise in net profit after tax to $313.9 million, driven by strong growth in both Australian and Indian markets.

Centuria Office REIT has released its HY25 Property Compendium, revealing a robust $1.885 billion portfolio diversified across Australia with strong occupancy and sustainable credentials.

Centuria Office REIT (ASX:COF) reported solid HY25 results with a $1.9 billion portfolio and 92.2% occupancy, underpinned by active leasing and refinancing initiatives. Despite a dip in revenue and distributions, the REIT maintains its FY25 guidance, reflecting confidence in office market recovery and strategic asset management.