Latest Development Pipeline News

Abacus Storage King (ASK) is set to internalise its management by acquiring its responsible entity from Abacus Group for about $24 million, unlocking $7 million in annual cost savings and boosting funds from operations by 6%. The move, effective 30 June 2026, coincides with a rebrand to Storage King Group and new leadership appointments.

Australian Oil Company Limited has completed its first crude oil lifting from the Emu Apple Oil Field, marking a key step in its Surat Basin development with steady production and active exploration underway.

Centuria Industrial REIT has executed $188 million in divestments at an average 17% premium to book value, trimming gearing by about 3%. The REIT also completed a key development in Direk, SA, and reaffirmed its FY26 earnings and distribution guidance.

BWP Group has launched the retail tranche of its fully underwritten $228 million entitlement offer at $3.77 per security, aiming to fund a $163 million development pipeline and reduce gearing.

Unico Silver’s latest drilling at the Joaquin Project delivers record silver equivalent grades at Breccia Puntudo and expands mineralisation at La Negra SE and La Morocha SE, underpinning resource growth ahead of the Pre-Feasibility Study.

BWP Property Group has announced a fully underwritten $228 million entitlement offer to finance a $163 million development pipeline, primarily focused on large format retail assets, reaffirming its FY26 distribution guidance.

AGL Energy tightens its FY26 earnings outlook, buoyed by strong operational performance and strategic investments in batteries and gas peaking assets amid rising electricity demand driven by data centres and electrification.

Redcastle Resources is accelerating its shift from exploration to production, with mining operations set to start by late May 2026 under a capital-light joint venture with BML Ventures.

Dexus has partnered with Boral to develop a massive 2.5 million square metre logistics precinct in Melbourne’s west, aiming to create Australasia’s largest institutionally held industrial hub.

Stellar Resources has raised $22.1 million through a placement led by Metals X, boosting its cash reserves to $33 million and setting the stage for key feasibility studies at Heemskirk.

Recce Pharmaceuticals bolsters its clinical and commercial pipeline with a $5.3 million AUD R&D tax rebate, a second U.S. Army research agreement for its RECCE 327 Gel, and a key patent granted in Brazil, while progressing Phase 3 trials in Indonesia.

Eden Innovations has expanded its EdenCrete Pz7 installations across North America, launched a new defence-focused division EdenShield, and eliminated costly debt, positioning for growth with a $4 million capital raise.