Latest Real Estate Investment Trust News

Blackwall Limited has announced a fully franked dividend for the six months ending June 2025, combining a cash payout with securities from WOTSO, offering shareholders a unique blend of returns.

Abacus Group (ASX – ABG) reported a strong turnaround in FY25 with a net profit of $26.9 million and a 35.6% rise in revenue, maintaining steady distributions while navigating a strategic stake in Abacus Storage King amid an acquisition proposal.

Rural Funds Group reported a 17% revenue increase for the year ended June 2025, but net profit and total comprehensive income sharply declined. The dividend reinvestment plan remains suspended, signaling cautious investor sentiment.

National Storage REIT reported a robust FY25 with a $236.1 million profit and a growing portfolio of 274 centres, underpinned by strong capital partnerships and a strategic marketing push. The company sets an optimistic outlook for FY26, targeting higher earnings and distributions.

National Storage REIT reported solid financial growth for FY25, with revenue up 10% and net profit rising 3%, alongside a final distribution declaration.

LDR Assets Pty Ltd, part of the Lederer Family Office, has initiated an off-market takeover offer for all stapled securities in the Elanor Commercial Property Fund at a 5.3% premium to recent prices. The bid signals a potential overhaul of ECF’s management and governance.

Vicinity Centres has announced an ordinary unfranked dividend of AUD 0.0605 per security for the six months ending June 2025, accompanied by a Dividend Reinvestment Plan offering a 1% discount.

Centuria Capital Group reported a modest revenue increase and higher operating profits for FY25, yet securityholder returns declined notably. The final dividend was declared amid stable net asset values.

Abacus Storage King reported a 109% surge in net profit for FY25, while rejecting an initial takeover bid and entering due diligence on a revised offer. The company’s strong operating platform and strategic acquisitions underpin its growth ambitions.

Elanor Investors Group has firmly rejected an unsolicited takeover offer from Lederer Group for its Commercial Property Fund, while progressing a strategic $125 million investment with Rockworth Capital Partners and continuing asset sales to stabilise its balance sheet.

Scentre Group has announced an ordinary dividend of AUD 0.08815 per security for the half-year ended 30 June 2025, payable on 29 August. The dividend is fully unfranked and includes a Dividend Reinvestment Plan with no discount.

Abacus Storage King has received a revised non-binding acquisition proposal from a consortium including Ki Corporation and Public Storage, with due diligence now underway. Securityholders are advised to hold tight as the independent board committee explores the potential deal.