Latest Property Market News

Cromwell Property Group has launched a major office development in Canberra’s Barton precinct with a long-term lease to a key Commonwealth Government department, alongside a strategic debt refinancing.

BlackRock Investment Management has announced an estimated 26.3 cents per unit cash distribution for its iShares Core FTSE Global Property Ex Australia ETF for the period ending June 30, 2025. The distribution is composed entirely of non-assessable income, with no dividends or capital gains included.

Eildon Capital Group has revealed a significant loan repayment default by Kings Investment, alongside a cautious outlook for its FY25 financials amid a sluggish Melbourne property market.

Domain Holdings Australia Limited is set for acquisition by CoStar Group at $4.43 per share, a premium supported by the Domain Board, Independent Expert, and controlling shareholder Nine. The scheme awaits shareholder and court approval, with a meeting scheduled for August.

Garda Property Group has reported a modest increase in the valuation of its industrial property portfolio, lifting the total to over $521 million ahead of its FY25 annual report.

GPT Group has announced an estimated distribution of 12.0 cents per stapled security for the first half of 2025, setting the stage ahead of its interim results release in August.

US Masters Residential Property Group has repatriated US$40 million from its USA Fund back to its main Australian fund, hinting at upcoming capital management decisions.

Peet Limited has appointed its long-serving CFO Brett Fullarton as Interim CEO effective immediately, ahead of the planned departure of CEO Brendan Gore on 1 July 2025. This move aims to ensure a smooth leadership transition while a permanent CEO search is underway.

EVT Limited has officially kicked off the sale process for its prime Sydney CBD property at 525 George Street, offering a rare mixed-use development opportunity with significant growth potential.

UOA Development Bhd reported a striking surge in first quarter 2025 revenue and profit, driven by strong sales and ongoing project progress. The company’s robust unbilled sales pipeline signals sustained growth ahead.

Assetora Limited has launched the Australian Homeowner Equity Fund, a $100 million initiative offering shared equity investments with a targeted 12% annual return, following a successful pilot with AMP Bank.

Elders Limited has reported a robust 67% increase in underlying EBIT for the first half of FY25, driven by higher livestock prices and strategic acquisitions, while navigating challenges from dry weather impacting crop inputs.