Latest Property Funds News

Property for Industry Limited (NZX: PFI) announced a 10.5% upgrade to its full-year FY26 dividend guidance, now targeting approximately 9.50 cents per share, supported by stable cash flows and controlled capital expenditure.

Aland Equity Group (ASX: AEG) reveals advanced talks on a property funds management transaction linked to its chairman, explaining recent unusual share price activity.

Elanor Investors Group posted a net loss after tax of $13.8 million for the half year ended 31 December 2025, with no interim distribution declared. The group is progressing a strategic recapitalisation with Rockworth Capital Partners to strengthen its balance sheet amid ongoing financial challenges and material uncertainty about its ability to continue as a going concern.

US Masters Residential Property Fund (ASX:URF) has announced an on-market buy-back program for up to 68.8 million fully paid stapled securities, representing approximately 10% of its units on issue. The buy-back will run from April 7, 2026, to April 6, 2027, and will be conducted through Taylor Collison Limited.

Elanor Investors Group reported a $24.5 million net loss for the half year to December 2024, grappling with debt covenant breaches and defaults. The group has struck a $125 million recapitalisation agreement with Rockworth Capital Partners to stabilise its balance sheet and pursue growth.

LDR Capital Property Fund has locked in a lease renewal with the Commonwealth Government at Garema Court, extending tenancy to 2030 and significantly reducing near-term leasing risk.

Evolution Trustees has appointed LDR Capital as the new manager of Elanor Commercial Property Fund following the termination of previous management agreements with Elanor Asset Services.

Garda Property Group reported a 16% rise in revenue and a 20% increase in funds from operations for the first half of 2026, while net profit after tax fell by nearly 24%. The group declared a steady interim distribution of 4 cents per security.

Elanor Investors Group has ended its management role in the Elanor Commercial Property Fund following a securityholder vote, receiving $8.5 million in compensation as the fund transitions to new leadership.

Elanor Commercial Property Fund members have voted to replace Elanor Funds Management Limited with Evolution Trustees Limited as the responsible entity, marking a significant governance shift now officially recorded by ASIC.

Audio Pixels Holdings has locked in a $6 million unsecured loan facility from an investor linked to its chairman, with conversion to notes contingent on shareholder approval and company milestones.

Aland Equity Group Limited has completed significant capital raisings and board restructuring while navigating a challenging quarter for its flagship Growth Fund. The company is positioning itself for expansion into property funds management.