Latest Office News

Dexus has forecast lower FY27 earnings while refocusing its business on office, industrial, retail and selected alternatives. The ASX-listed real estate group is also targeting more than A$2 billion of capital release, but remains exposed to infrastructure fund liquidity issues and the unresolved APAC appeal.

Turnstone Resources has completed portfolio-wide magnetic surveys in Sweden and begun reviewing strategic options for its German potash assets, while its September cash balance covered less than one quarter of reported outgoings. The ASX-listed explorer also secured A$1.1 million in placement commitments and expects lower corporate costs ahead.

Biotron’s BIT-HBV001 produced up to a 99.7% reduction in HBV-DNA in cell-based studies, while combination testing with Myrcludex B showed antiviral synergy. The company is also refining SedRx’s European regulatory pathway, but had A$1.06 million in cash at quarter-end, equivalent to 2.15 quarters of funding at the latest operating burn rate.

Element 25 has completed the enabling works for its planned 1.1Mtpa Butcherbird manganese expansion, moving the project towards major plant construction. Financial close on the AU$50 million NAIF package remains unfinished, leaving funding and contract finalisation as the next key tests.

Globe Metals & Mining Limited (ASX:GBE) has begun early mining at its Kanyika niobium and tantalum project in Malawi, moving from site preparation to physical excavation. The milestone comes with only 1.1 quarters of reported funding and a potential requirement for substantial additional capital.

Tambourah Metals has confirmed a high-grade primary gold interval at Baxter South while progressing drilling toward a maiden resource at Tambourah King. The ASX-listed explorer ended September with A$4.037 million in cash and estimated funding for 4.53 quarters at the quarter’s reported spending rate.

SHAPE Australia has lifted FY27 project wins above $1.4 billion after securing an approximately $800 million DigiCo data centre contract, with the project expected to add about $200 million of revenue in each of FY27 and FY28. The award comes alongside stronger modular revenue, a new Western Australian facility and a quarter-end backlog up 21%.

Aurelia Metals generated its strongest quarterly Cobar operating cash flow since 2018 as higher gold, copper and zinc production lifted cash to A$160.7 million. The company reaffirmed FY27 guidance while moving closer to a major Peak processing expansion.

Neurotech International has dosed the first patient in its pivotal Phase 3 trial of NTI164, with all six Australian sites now active and up to 200 children planned for enrolment. The milestone sits alongside FDA clearance and fresh funding, but quarter-end cash covered only 1.24 quarters of historical operating outflows.

Andromeda Metals has produced 99.9986% purity High Purity Alumina at continuous pilot scale and raised A$3.04 million to advance its next study. But the Great White Project still needs about A$40 million in equity before a final investment decision.

Veris is using its FY26 results and first-quarter trading update to make the case that its transformation from surveyor to digital and spatial advisory firm is gaining traction. Revenue and underlying EBITDA rose, while the planned Aurecon acquisition adds a near-term test of whether the strategy can convert into stronger earnings.

Global Gold Mining has reported flotation recoveries of up to 91.4% from laboratory testwork at its Sturec Gold Project in Slovakia, while ongoing drilling supplies data for the project’s pre-feasibility study. The company ended September with $6.134 million in cash after quarterly operating and investing outflows of $1.547 million.