Latest Property Sector News

Dexus Industria REIT has upgraded its FY25 funds from operations guidance, citing lower finance costs and improved returns from Jandakot Airport. Distribution targets remain steady.

GPT Group and QuadReal Property Group have partnered to create a $1 billion logistics joint venture focused on Australia's east coast, aiming to expand their footprint in stabilised and core plus logistics assets.

AXP Energy has completed a successful 60-day gas-to-power trial at its Pathfinder Field, delivering 1.5 MW of off-grid power and generating maiden natural gas revenue. The company is accelerating its expansion plans, backed by NASDAQ-listed BitFuFu, aiming to scale operations to 25 MW by year-end.

Desane Group Holdings has secured a seven-year lease extension with Signature Orthopaedics at its Lane Cove property, guaranteeing $5 million in rental income through 2032. This deal reinforces Desane’s strategy to maintain stable medium-term cash flows.

Qualitas Real Estate Income Fund (ASX: QRI) has launched a $151 million non-renounceable entitlement offer to existing unitholders, aiming to boost portfolio diversification and liquidity by investing in commercial real estate loans.

Scentre Group has announced an estimated ordinary dividend of AUD 0.086 per security, payable in late February 2025, signaling steady returns ahead of its full-year financial results.

Dexus Convenience Retail REIT (ASX: DXC) reported steady half-year results for 2025, underpinned by active portfolio management and ongoing redevelopment projects. The fund remains on track to meet full-year guidance while enhancing income security and growth potential.

Following a recent unitholder meeting, One Managed Investment Funds Limited has initiated the orderly liquidation of the Fat Prophets Global Property Fund’s portfolio, signaling a significant transition for investors.

The GPT Group has forged a strategic partnership for Rouse Hill Town Centre and increased its ownership in Highpoint Shopping Centre to 25%, unlocking $176 million in net proceeds to reduce gearing and fuel future investments.