Latest Property News

Locality Planning Energy has signed a 15-year energy services agreement with Walker Corporation for its SOL development in Maroochydore. The contract expands LPE’s property developer network, but revenue and infrastructure costs remain undisclosed and will build progressively from late 2027.

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.

Superloop has completed its three-year Double Down strategy with revenue up 21.6% to A$664.3 million and net profit reaching A$17.5 million. The ASX-listed telco now turns to SuperCharge29, but its next growth phase begins with substantially higher debt and A$111.4 million of provisional goodwill from the Lightning Broadband acquisition.

Scalare Partners expanded its national founder network and launched a new recurring-revenue platform, but ended the September quarter with only $548,000 in cash. The company says statutory operating cash flow was positive, although its own matching-basis calculation points to an underlying cash outflow of about $1.16 million.

Microba has secured a $2.025 million placement while cutting costs further, launching GI Navigator and advancing its proposed merger with Genetic Signatures. The funding comes as the company reports strong Australian testing growth but only about one quarter of cash cover before the raise.

Alkane Resources has extended the known gold-antimony system beneath Nagambie’s West Pit, with drilling identifying mineralisation outside the existing Inferred Resource. The results strengthen the exploration case, but do not yet change the resource estimate or establish an economic mine plan.

Alkane Resources has reported high-grade gold-antimony intersections at Nagambie in Victoria, including a 115-metre down-dip extension of the C2 zone and broad mineralised areas outside the existing inferred resource. The results strengthen the geological case for the earn-in, although only three holes have returned assays and metallurgical work remains outstanding.

Rox Resources has accelerated underground development and advanced construction at Youanmi, with the processing plant 39% complete and first gold still targeted for mid-2027. The project is now fully permitted and funded facilities have begun drawing, although construction spending and one major contract remain in focus.

Kiwi Property has launched a seven-year senior secured green bond offer of up to NZ$200 million, with a minimum interest rate of 5.55% and an expected BBB+ issue rating. The final margin, interest rate and accepted amount will be set after a bookbuild on 23 October.

International Equities Corporation has returned to a modest annual profit after exiting serviced apartments, but the recovery is fragile. Cash fell sharply, operating cash flow remained negative and the auditor highlighted material uncertainty over the group’s ability to continue as a going concern.

K&S Corporation’s FY2026 annual report confirms a sharp earnings decline, a lower dividend and rising debt as weak demand, margin pressure and the loss of most InfraBuild work weigh on the logistics group. Management expects FY2027 to remain difficult, with no formal earnings guidance provided.

Mount Ridley has lodged a second provisional patent application for an adapted Selectro chemistry targeting industrial metal feedstocks, following first-pass bauxite recoveries of 92% aluminium and 97% iron. Gallium results are still pending, and the process has not yet been optimised for bauxite.