Latest Real Estate News

Garda Property Group has entered a call option agreement with Halpin Property Group to sell its Cairns Corporate Tower for $77.5 million, slightly above valuation, aiming to reduce debt and sharpen its asset focus.

Domain Holdings Australia has received a draft class ruling from the ATO that aligns with its previously disclosed tax positions for the upcoming CoStar acquisition scheme. The final ruling, expected post-implementation, will provide definitive tax clarity for shareholders.

Cromwell Property Group reports a modest increase in its Australian Investment Portfolio valuation to $2.015 billion as of June 2025, signalling readiness for growth amid improving market conditions.

Elanor Investors Group announces a $125 million strategic investment from Rockworth Capital Partners to stabilise its balance sheet and fund growth, including the acquisition of Singapore’s Firmus Capital.

Elanor Investors Group announces a $125 million recapitalisation through an expanded alliance with Rockworth Capital Partners, including the acquisition of Singapore’s Firmus Capital and a strategic shift towards Pan-Asian real estate markets.

Lifestyle Communities faces a pivotal VCAT ruling that voids a key deferred management fee clause, prompting an appeal and interim stay that allows fee collection to continue amid legal uncertainty.

AVJennings Limited’s acquisition scheme has received Supreme Court approval, triggering share suspension and a scheduled delisting from ASX and SGX.

The Foreign Investment Review Board has approved CoStar Group’s acquisition of Domain Holdings, clearing a major regulatory hurdle ahead of the shareholder vote scheduled for August 4.

Cromwell Property Group has agreed to sell its 50% stake in a prime Chatswood property for $87 million, aiming to boost FY2026 earnings and reduce debt levels.

Merchant House International has completed the sale of its American Merchant, Inc. assets, generating significant profits and setting the stage for winding up operations and voluntary delisting from the ASX.

The Supreme Court of New South Wales has approved the acquisition scheme for AVJennings Limited, paving the way for a significant ownership change and imminent suspension of its shares on major exchanges.

Insignia Financial reported a 2.6% rise in Funds Under Management and Administration to $330.3 billion, driven by record net inflows into its MLC Expand platform and a successful Master Trust transition to SS&C.