Latest Real Estate News

Abacus Storage King has received a revised acquisition proposal from a consortium led by Ki Corporation and Public Storage, increasing their cash offer by 15% to A$1.65 per security. The independent board committee is opening a six-week due diligence window but urges securityholders to hold off on any action.

Macquarie Technology Group’s subsidiary has secured an option to acquire a prime Sydney site for a major new data centre campus, aiming to boost capacity for AI, cloud, and government clients.

Vigorous Resources has launched an unconditional off-market takeover bid for all shares of Rey Resources Limited at a 155-160% premium, with unanimous board support and major shareholder backing. The offer period runs from 9 July to 11 August 2025.

Garda Property Group has announced the taxable components of its distribution for the year ending 30 June 2025, outlining fund payments and capital gains attributed to investors. The distribution is scheduled for payment on 16 July 2025, with further tax details to follow in the annual statement.

Whitefield Income Limited reported a steady net tangible asset backing of $1.26 per share for June 2025, alongside a robust fully franked dividend yield of 7.4%, maintaining its appeal to income-focused investors.

Finbar Group has acquired the Palmyra development site from its JV partner, transforming it into a wholly-owned project valued at $88 million with settlement expected in early 2026.

BWP Trust proposes to internalise its management by acquiring BWP Management Limited from Wesfarmers for $142.6 million, restructure 62 Bunnings leases to extend lease terms and options, and commit $86 million to capital expenditure at key Bunnings sites. The transaction aims to enhance income certainty, reduce costs, and increase distributions for investors.

ClearVue Technologies announces key leadership changes with COO Douglas Hunt stepping in as interim CEO, alongside two new board appointments, signaling a strategic push to accelerate growth and innovation.

Summerset Holdings has reported its highest-ever quarterly sales of occupation rights, with 402 sales in Q2 2025, driving an 18% increase in first-half sales compared to 2024.

Domain Holdings has dispatched its Scheme Booklet to shareholders detailing the proposed acquisition by CoStar Group, with strong endorsements from the Board and controlling shareholder Nine Entertainment ahead of the August vote.

Finbar Group has signed a conditional contract to sell a key Rivervale site for $13.68 million, paving the way for a large-scale build-to-rent development backed by community housing initiatives.

US Masters Residential Property Group has announced a special distribution of 10 cents per stapled security, payable in early August 2025. Investors should note key dates for eligibility and payment.