Latest Occupancy News

Nexion Group has completed the sale of its Networks businesses and is pivoting to focus on data centre operations and its FuseAI software platform, preparing for an ASX relisting.

Triangle Energy has secured new offshore and onshore permits in the Philippines while initiating legal action against JV partners in Western Australia, signaling a strategic pivot and operational challenges ahead.

Mayfield Childcare Limited unveils Mayfield 360, an allied health services division aimed at integrating therapy supports within its childcare network, targeting a sizable and growing segment of the National Disability Insurance Scheme market.

Avenira Limited has made significant strides in developing its Wonarah Phosphate Project, bolstered by strategic operational appointments and advancing infrastructure plans. Meanwhile, exploration at the Jundee South Gold Project is set to commence in 2026 amid ongoing regulatory challenges.

Rox Resources has confirmed the economic viability of its Youanmi Gold Project with a robust feasibility study and commenced underground mining, backed by a $218 million equity raise. The company is on track for first gold production by mid-2027.

Servcorp Limited has upgraded its FY2026 profit and cash flow guidance, reflecting robust operational momentum and improved revenue efficiency across its global serviced office portfolio.

Mayfield Childcare Limited’s board has issued a Target’s Statement recommending shareholders reject Embark Early Education’s unsolicited takeover offer, citing undervaluation and significant risks. The offer, which includes a scrip or cash option, is seen as opportunistically timed amid Mayfield’s operational turnaround.

Summerset Group Holdings delivered a robust FY25 performance, achieving a 26% increase in total settlements driven by strong new sales and strategic expansion in Australia.

Embark Early Education Limited has initiated an off-market takeover bid for Mayfield Childcare Limited, offering shareholders a choice between scrip or cash consideration at a significant premium. The bid aims to consolidate operations and expand Embark’s footprint across Australia’s childcare sector.

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.

Stockland has announced an estimated 9.0 cents per security distribution for the first half of FY26, alongside a 1% discount on reinvested dividends through its Distribution Reinvestment Plan.

Mayfield Childcare reports steady occupancy growth and improved earnings in late 2025, setting a stronger foundation for FY26 amid sector challenges and an impending takeover offer from Embark Education.