Latest Commercial Property News

Evolution Trustees has appointed LDR Capital as the new manager of Elanor Commercial Property Fund following the termination of previous management agreements with Elanor Asset Services.

Elanor Investors Group has ended its management role in the Elanor Commercial Property Fund following a securityholder vote, receiving $8.5 million in compensation as the fund transitions to new leadership.

Elanor Commercial Property Fund members have voted to replace Elanor Funds Management Limited with Evolution Trustees Limited as the responsible entity, marking a significant governance shift now officially recorded by ASIC.

BWP Group has updated its dividend announcement, confirming an estimated unfranked dividend of 9.58 cents per security for the half-year ending December 2025, alongside details of its dividend reinvestment plan pricing.

The Lederer Group, holding 42.7% of Elanor Commercial Property Fund securities, is pushing to replace the fund’s responsible entity and manager, aiming to reduce management fees and reshape governance.

Elanor Investors Group has agreed to step down as manager of the Elanor Commercial Property Fund, accepting $8.5 million in compensation as Lederer Group moves to assume control. The transition promises fee savings and closer alignment with investors.

Elanor Commercial Property Fund has reaffirmed its FY26 distribution guidance of 6.5 cents per security, buoyed by strong leasing activity and a modest uplift in portfolio valuations. However, potential management changes could cloud future payouts.

DEXUS has announced an estimated ordinary distribution of AUD 0.193 per unit for the six months ending December 2025, marking a steady income stream for investors ahead of the new year.

Charter Hall Long WALE REIT has announced an ordinary unfranked quarterly distribution of AUD 0.06375 per security, payable in February 2026, alongside a Dividend Reinvestment Plan offering a 1% discount.

BWP Group has announced an estimated ordinary dividend of AUD 0.0958 per stapled security for the six months ending December 2025, accompanied by a Dividend Reinvestment Plan with no discount.

Charter Hall Group reported solid FY25 results with 7.4% growth in operating earnings per security and upgraded its FY26 earnings guidance to 95 cents, reflecting robust equity inflows and tenant demand. The company also highlighted significant sustainability progress and board changes at its 2025 AGM.

Desane Group Holdings posted a $3.3 million net profit for FY25, bolstered by key lease extensions and a $6.2 million property valuation uplift despite ongoing post-pandemic challenges.