Latest Commercial Property Sector News

Urbanise.com Limited reported a 12.4% revenue increase in Q1 FY2026, driven by its NAB partnership, while investing heavily in its Data and Payments Integration Services (DPIS) with expected cash outflows through FY2026.

Elanor Commercial Property Fund has reported a steady Q1FY26 distribution and reaffirmed its full-year guidance, underpinned by significant lease agreements and a strategic debt refinancing.

LDR Assets has completed dispatching its replacement bidder’s statement and offer for the Elanor Commercial Property Fund takeover, marking a crucial procedural milestone in the bid process.

Unibail-Rodamco-Westfield has requested suspension of its securities from the ASX, marking the first step toward its official delisting. This move signals a significant shift for investors and the commercial property sector.

Bendigo and Adelaide Bank reported an 11% rise in customers and a 6.6% increase in deposits for FY25, while statutory earnings were weighed down by a significant goodwill impairment charge.

Charter Hall Long WALE REIT reports a $118.3 million statutory profit for FY25, reversing last year's heavy loss, while maintaining stable distributions and actively managing debt facilities.

The Lederer Group has made an unsolicited off-market takeover offer for Elanor Commercial Property Fund at 70 cents per security, prompting the Fund's board to carefully consider its response.

BWP Trust has announced a preliminary distribution estimate of 9.45 cents per unit for the six months ending June 2025, alongside a suspension of its distribution reinvestment plan.