Latest Property Sale News

Duxton Farms returned to positive operating cash flow in the September quarter, but its balance sheet remains stretched with a $13.98 million net overdraft and $103.25 million of drawn financing. A secured convertible note raise and a delayed asset sale are now central to the company’s funding position.

Australian Silica Quartz Group has completed a 200-tonne bulk sample at White Swan and is preparing 50 tonnes for shipment to prospective Chinese customers. The customer program is advancing, but ASQ held $912,000 in cash at quarter-end and estimated only 1.7 quarters of funding without proceeds from a Bindoon property sale.

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.

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.

CVC Limited (ASX:CVC) ended FY26 with $87.7 million in cash after a major Laverton sale, debt refinancing and a decision to abandon a $124 million property settlement. The stronger liquidity position came alongside a 541.7% rise in underlying NPAT, although earnings remain dependent on lumpy property realisations and planning approvals.

Lifestyle Communities recorded a sharp slowdown in both new and established home sales in the first quarter, as Victorian downsizers took longer to commit. Net debt fell by $8.4 million, but forthcoming VCAT refund payments will draw on working capital and existing debt facilities.

Garda Property Group has agreed to sell its Heathwood industrial property for $17.5 million, 6.7% above its independent valuation. If the buyer secures finance, the sale will help cut drawn debt and take gearing lower alongside the previously announced Pinkenba disposal.

Garda Property Group has conditionally agreed to sell its Pinkenba industrial property for $33.25 million, slightly below its independent valuation. The transaction would reduce drawn debt by about $32.9 million and lower gearing to 26.7%, provided the buyer completes due diligence.

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.

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.

Eden Innovations Ltd trimmed its loss to $5 million in FY2026 while erasing bank debt and converting loans into equity, supported by property sales and capital raises.

UOA Development Bhd reported a 70% rise in quarterly revenue to RM221.2 million and a modest profit increase to RM95.6 million, driven by ongoing projects and robust new property sales.