Latest Presales News

Cedar Woods has reaffirmed its target for approximately 15% growth in FY27 net profit after tax, backed by more than $763 million in presales and 311 quarterly settlements. But gross sales fell 57% from a year earlier, putting greater emphasis on the company’s planned Q2 marketing push and new stage releases.

360 Capital Mortgage REIT has stepped deeper into the recovery of its Bathla exposures, acquiring senior debt over a 72-apartment project while reporting further property sales. The Trust is targeting monthly FY27 distributions of 5.0 cents per unit, but much still depends on settlements and property realisations.

Vection Technologies has signed reciprocal five-year reseller agreements with Xerox, opening a potential Western European channel for its conversational AI, digital human, kiosk and XR technologies. The opportunity is strategically notable, but the agreements contain no minimum volumes, pricing or committed revenue.

Finbar has moved its Romeo apartment project in Applecross into construction after securing 103 sales worth A$121.1 million. Recent activity has accelerated, with investors accounting for about half of the 18 lots sold since 1 August.

360 Capital Mortgage REIT is appointing receivers across its Bathla-related loans and preparing to sell 162 homes, apartments, townhouses and land lots. The Trust retains $6.3 million in cash and expects monthly distributions to continue, but their level may fluctuate as recoveries progress.

Cedar Woods Properties delivered a record $65.6 million net profit after tax in FY26, up 36%, supported by strong presales and disciplined capital management, while targeting 15% NPAT growth in FY27.

Tian An Australia Limited posted a significant half-year loss of $3.9 million for June 2026, reversing prior profits as revenue plunged 86% due to lower sales at The Henley, Enfield. The company continues development across multiple residential projects while supported by a $230 million interest-free loan facility.

Cedar Woods Properties has secured over 740 new townhouse and apartment lots across Victoria and Queensland, boosting its medium-term development pipeline while maintaining a strong sales and earnings outlook.

Aspermont Limited reported a 15% revenue increase in Q2 FY26, driven by a surge in non-subscriptions revenue and steady subscriptions. The company is progressing its AI-enabled data platform build, funded internally, with cash flow positivity expected soon.

Finbar has completed settlement on a prime West Leederville site and lodged a development application for a $230 million mixed-use project featuring 240 apartments and commercial space, aiming for earnings impact in FY2029/FY2030.

Finbar Group has achieved over 70% presales for its Palmyra West Apartments project, signalling strong market demand ahead of construction starting in March 2026.

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.