Latest Property Divestments News

EVT delivered a 17% lift in normalised first-quarter EBITDA to $72.5 million, powered by a sharp recovery in Entertainment and resilient Hotels trading. Thredbo was the drag, while an $800 million property sell-down and ongoing structure review put the group’s Hotels-led strategy under the spotlight.

Garda Property Group estimates its property divestment program will generate $90.7 million in capital gains and intends to return about 10.0 cents per security through special distributions. The proposed payments would come on top of upgraded FY27 distribution guidance of 12.5 cents per security, subject to settlements, tax outcomes, cash availability and Board approval.

Region Group has maintained its FY27 earnings targets after reporting stronger occupancy, supermarket sales and leasing metrics at its annual meeting. The group has also exchanged contracts to sell three neighbourhood centres for $73.5 million as it sharpens its portfolio strategy.

Arena REIT has raised its FY2027 distribution guidance to 19.0-20.2 cents per security as rent collection and replacement operator arrangements improve across its troubled Edge portfolio. The upgrade remains partly dependent on transactions, lease assignments and approvals being completed.

EVT delivered growth across hotels, cinemas and Thredbo in FY2026 while outlining an approximately $500 million non-core property divestment programme. The group is also reviewing its structure as it redirects capital towards asset-light hotel expansion and considers potential special dividends.

EVT Limited posted strong FY26 growth across hotels and entertainment, unveiling a $800 million capital recycling program and a strategic group structure review to fuel future expansion.

Arena REIT has reported a robust HY2026 financial performance, with net operating profit rising 9% and statutory net profit surging 202%. The REIT’s active portfolio management and development pipeline underpin its confidence in sustained growth.

Charter Hall Long WALE REIT reported steady FY25 earnings with strong occupancy and a strategic shift toward government-leased assets, setting the stage for growth in FY26.

Elanor Investors Group updates on its ongoing asset divestment program, debt covenant negotiations, and corporate governance reforms as it navigates balance sheet challenges and strategic options.