Latest Asset Repositioning News

New Zealand Rural Land Company faces uncertainty as Kiwi Crunch Farms, a tenant accounting for nearly 6% of rental income, enters receivership. Additional leases tied to the same owner add to risk, prompting suspension of earnings guidance.

Region Group has reported a strong FY25 with a $212.5 million net profit and raised its FY26 earnings guidance, underpinned by portfolio expansion and increased funds under management.

Dexus Industria REIT has acquired a $40 million warehouse in Sydney’s Glendenning, aiming to enhance its industrial portfolio through strategic refurbishment and increased lettable space.

Region Group has reported a remarkable turnaround with an $81.8 million net profit for the half year ended December 2024, reversing last year's loss while maintaining its interim distribution at 6.70 cents per security.