Latest Divestments News

Vital Healthcare Property Trust (NZX:VHP) delivered a robust FY26, marked by a successful management internalisation, 23.5% AFFO growth, and a stable distribution payout, underpinning its position as a leading healthcare infrastructure owner in Australasia.

InFocus Group Holdings has rolled out a major upgrade to its Codexa sweepstakes casino platform, introducing a VIP-style player experience and a proprietary AI-driven compliance engine designed to streamline operations and reduce costs for white-label operators.

Growthpoint Properties Australia is set to sell its Perth Woolworths distribution centre for $267.7 million, marking a significant milestone in its capital recycling strategy and expected to reduce gearing by 4%.

AGL Energy reported a 575% surge in statutory profit to $756 million for FY26, driven by strategic divestments and improved asset flexibility, while declaring a fully franked 50 cents dividend and progressing its energy transition with 12 GW of renewable capacity targeted by 2035.

Centuria Industrial REIT (ASX:CIP) reported a 20.5% jump in net profit to $160.4 million for FY26, underpinned by strong leasing activity, premium asset divestments, and advancing data centre initiatives.

Coronado Global Resources posted a strong operational rebound in Q2 2026, returning to positive EBITDA and advancing a strategic reset at its Curragh mine while completing Buchanan expansion.

PGG Wrightson posted a robust FY26 with $1.1 billion revenue and a 46% jump in net profit, driven by strong livestock prices and strategic acquisitions.

The Federal Treasurer has tightened restrictions on foreign shareholders Real International Resources and Qogir Trading, blocking share disposals without prior approval and reinforcing voting bans amid ongoing compliance concerns.

Dexus Convenience Retail REIT (ASX:DXC) delivered FY26 distributions of 20.9 cents per security, matching guidance amid resilient income growth and portfolio enhancement.

Westpac Banking Corporation reported a 3% increase in statutory net profit to $1.8 billion in Q3 2026, supported by loan and deposit growth alongside stable capital ratios and ongoing transformation efforts.

Charter Hall Retail REIT's FY26 statutory profit soared 78% to $389.4 million, driven by a $305 million portfolio valuation uplift and a strategic pivot to convenience net lease retail assets. Distributions rose 3.3% amid a debt refinancing that lowered margins and extended maturities.

Resmed delivered a strong FY2026 with 10% revenue growth to $5.7 billion, a 17% rise in non-GAAP EPS, and a 10% dividend hike. Strategic moves include selling MatrixCare and acquiring Noctrix Health.