Latest Real Estate Development News

CVC Limited marked a milestone year with strategic land acquisitions and planning successes, boosting its land portfolio value despite modest net profits. The company’s focus on industrial, residential, and data centre developments positions it for future growth.

Mustera Property Group has advanced its Verse on McCabe development with design finalised and a strong sales campaign, securing over $10 million in contracts post-quarter. Meanwhile, Forbes Residences continues to deliver solid sales and the company benefits from refinancing that reduces financing costs.

Desane Group Holdings has declared a special 2 cent per share dividend following the sale of a key property in Lane Cove, signalling a direct return of capital to shareholders.

Cedar Woods Properties has activated its Dividend Reinvestment and Bonus Share Plans for the final 2025 dividend, offering shares at a 2.5% discount and backed by full underwriting from major brokers.

Summerset Group has achieved its highest-ever quarterly sales of occupation rights, driven by strong demand for care-related living options and steady growth beyond major cities.

Aspen Group has entered a conditional contract to acquire the remaining stages of the Wallaroo Shores master planned community in South Australia for $14.1 million, significantly boosting its development pipeline in a fast-growing region.

Lendlease has priced a S$400 million perpetual hybrid securities issue at a fixed 3.90% rate, strengthening its capital structure and preparing for upcoming debt maturities. The move supports its ongoing corporate strategy and regional growth ambitions.

Oceania Healthcare has unveiled a comprehensive strategy focused on sales performance, operational excellence, and capital management to strengthen its aged care and retirement living portfolio. The company aims to reduce debt, enhance resident choice, and expand services while maintaining strong occupancy and shareholder returns.

Gowing Bros Limited has locked in a $10.4 million financing facility from Commonwealth Bank to fund civil works and council contributions at its Sawtell Commons development.

GemLife Communities Group has reported a robust first half of FY25, exceeding its prospectus forecasts across revenue, earnings, and home settlements, while reaffirming full-year guidance backed by a recent $750 million IPO.

Summerset Group Holdings Limited reported a robust first half in 2025, with underlying profit up 19% and record sales driving momentum across New Zealand and Australia.

United Overseas Australia Ltd reported a robust half-year profit increase of 31.5%, driven by strong property development and hospitality performance, while declaring a new interim dividend.