Latest Real Estate Services News

Elders Limited reported a robust FY25 with a 12% rise in underlying EBIT to $143.5 million, driven by strong livestock prices and real estate growth despite challenging seasonal conditions. The acquisition of Delta Agribusiness and ongoing systems modernization underpin the company’s diversified growth strategy.

Elders Limited reported a robust FY25 with a 12% rise in underlying EBIT to $143.5 million and declared a fully franked final dividend of 18 cents per share. The agribusiness is optimistic about FY26, buoyed by strategic acquisitions and a new divisional model.

News Corporation reported a 2% revenue increase to $2.144 billion for Q1 FY2026, driven by growth in Dow Jones and Digital Real Estate Services, while Book Publishing faced headwinds. Net income rose 4% to $150 million, supported by operational efficiencies and a robust balance sheet.

News Corporation reported a modest 2% revenue increase and a 1% rise in net income for Q1 Fiscal 2026, driven by strong digital growth at Dow Jones and Digital Real Estate Services. The company also accelerated share buybacks, signaling confidence in its undervalued stock amid strategic AI partnerships.

Acumentis Group Limited has acquired a significant minority stake in its Mandurah franchisee, Valuations Pty Ltd, aiming to boost earnings and deepen collaboration across Western Australia and nationally.

Way2VAT has reported a robust first half of FY25, posting a 43% increase in revenue alongside key contract expansions and improved operational efficiency.

Way2VAT Ltd reported a 43% revenue increase to AUD 2.49 million in H1 FY25, driven by new enterprise contracts including a major deal with JLL. Despite improved operating losses and successful fundraising, the company faces ongoing net losses and liquidity concerns.

Domain Holdings Australia has officially been acquired by US-based CoStar Group, with shareholders receiving cash payouts and a special dividend. The acquisition triggers a board overhaul and imminent ASX delisting.

Acumentis Group Limited has reported a robust FY2025 with a 35% jump in operating profits and declared a fully franked dividend, signaling confidence in its growth trajectory.

Servcorp Limited reported a landmark FY25 with revenue up 11% to $352.1 million and net profit after tax rising 36% to $53.1 million, driven by disciplined execution and strategic global expansion.

Domain Holdings Australia Limited shares are suspended from ASX trading following Supreme Court approval of its acquisition by Andromeda Australia SubCo Pty Limited. This marks a pivotal shift for the online real estate services company.

Domain Holdings Australia’s acquisition by CoStar Group has been approved by the Supreme Court of NSW, triggering a trading suspension on ASX and setting key payment dates for shareholders.