Latest Asset Sale News

GDI Property Group delivered a robust 25% increase in Funds From Operations to $44.5 million for FY26, maintaining distributions at 5 cents per security while announcing an on-market buyback of up to 5%.

Latitude 66 has finalised the sale of its non-core Piastri Project to Capricorn Metals, converting the deal into approximately A$1.79 million in shares. Alongside a recent royalty portfolio sale, this boosts Latitude 66’s war chest with over A$5 million to fund core exploration in Finland and Western Australia.

Rural Funds Group (ASX: RFF) posted a sharp jump in FY26 earnings to $124.1 million, driven by strategic asset sales and property revaluations, while gearing was trimmed to 31.8%. The group maintains steady AFFO and distribution forecasts for FY27 amid ongoing development and sustainability initiatives.

DigiCo Infrastructure REIT (ASX: DGT) beats FY26 EBITDA guidance with $127 million, appoints Simon Mitchell and Ralph Goninan as Co-Heads, and accelerates its SYD1 data centre expansion amid strong Australian market demand.

TPG Telecom posted a steady half-year with 3.1% mobile revenue growth offsetting broadband declines, delivering 1% EBITDA growth and declaring a 10 cent dividend.

Australis Oil & Gas has locked in a major US-listed partner to fund a US$46.25 million drilling program in the Tuscaloosa Marine Shale, with its first carried well slated for late 2026.

Noumi Limited lifted FY26 revenue by 8.8% and adjusted operating EBITDA by 7.6%, driven by Dairy & Nutritionals' strong earnings and strategic investments in Plant-based Milks. The company faces refinancing uncertainty with $610 million convertible notes maturing in May 2027, prompting a proposed acquisition by majority shareholder Arrovest.

SkyCity Entertainment Group reported a 22% drop in underlying EBITDA for FY26, impacted by regulatory costs and carded play rollout, while progressing asset sales and preparing for New Zealand's online casino market.

Australis Oil & Gas Ltd posted a $2.6 million net loss for 1H 2026 amid sharply reduced production volumes but is progressing its Tuscaloosa Marine Shale development with a key partner and a planned Q4 well spud.

Triton Minerals has resolved disputes with NQM Gold 2 and confirmed the completion date for the sale of its Mozambique graphite assets, setting the stage for the final payment and legal closure.

Mirvac Group delivered a robust FY26 with a 7% rise in operating profit to $508 million, a staggering 896% jump in statutory profit to $677 million, and announced a $200 million on-market buy-back, signalling confidence in its growth trajectory.

Brazilian Rare Earths (ASX: BRE) has unveiled a scoping study for its Monte Alto and Camaçari project in Bahia, Brazil, showcasing ultra-high grades and robust economics with a post-tax NPV8 of US$6 billion and a rapid 1.1-year payback.