Latest Bungendore News

Aland Equity Group expects its first capital-light property fund to deliver approximately $4.1 million in net returns by 30 June 2027. The forecast combines $3.37 million in management fees with a further $725,000 in investment returns, but remains subject to shareholder approval and successful lot sales.

Aland Equity Group’s subsidiary has formalised a Management Rights Agreement for 56 residential lots at Elm Grove Heights, Bungendore, setting the stage for its first property funds income and a sales campaign starting September 2026.

Aland Equity Group has locked in long-term funding rights over the Chinnerys residential project near Canberra, embedding a 30% gross profit margin into acquisition pricing and positioning itself as fund manager and co-investor.

Aland Equity Group (ASX: AEG) has locked in long-term funding rights over major NSW and ACT-area developments, marking a strategic pivot into property funds management with a pipeline exceeding 4,200 residential lots and 100,000sqm of commercial space.

Southern Cross Electrical Engineering Limited has landed $90 million in new contracts spanning battery storage, education facilities, and water infrastructure, reinforcing its foothold in key growth sectors.