Latest Real Estate News

Lendlease Group has reported a robust turnaround in its half-year results, posting an operating profit after tax of $122 million and advancing its strategic capital recycling initiatives. The company is on track to reduce gearing and enhance operational efficiency amid ongoing market challenges.

The GPT Group reveals robust occupancy and leasing growth in 2024, offset by a statutory loss driven by property valuation declines. Strategic partnerships and development projects position the company for future earnings expansion.

GPT Group has confirmed a fully unfranked ordinary dividend of AUD 0.12 per security for the six months ending December 2024, payable on February 28, 2025.

Lendlease Group has announced an ordinary unfranked dividend of AUD 0.06044049 per security for the six months ending December 31, 2024, payable on March 12, 2025. The company’s Dividend Reinvestment Plan remains fully operational with no discount applied.

GPT Management Holdings Limited reported a substantial net loss of $40.6 million for the year ended December 31, 2024, despite a 31.7% increase in total revenues to $340 million. No dividends were declared, signaling a cautious outlook amid challenging conditions.

Qualitas Real Estate Income Fund has updated its dividend announcement, confirming an ordinary distribution of AUD 0.011273 per security payable on February 17, 2025.

Abacus Storage King reported a striking turnaround with a $67.8 million net profit for H1 2024, up from just $0.4 million a year earlier, alongside a raised interim distribution reflecting robust growth in the self-storage sector.

Mirvac Group reported a solid first half with a $236 million operating profit, driven by a 51% surge in residential lot sales and strong development momentum. The company reaffirmed its full-year earnings guidance, signalling confidence in its growth trajectory.

Mirvac Group reports a 2% revenue increase and a remarkable 100% rise in profit attributable to stapled securityholders for H1 2024, even as operating profit after tax declines by 6%.

Charter Hall Retail REIT reported a 3.0% same property net property income growth and a stable 98.7% occupancy rate in its 2025 half-year results, while integrating the Hotel Property Investments acquisition to enhance future income growth.

Charter Hall Retail REIT reports solid 1H FY25 results with $73.1 million operating earnings and strategic moves to enhance income growth, including a major stake in Hotel Property Investments Ltd.

HealthCo Healthcare & Wellness REIT reported a solid 5% increase in Funds From Operations (FFO) and Distribution Per Unit (DPU) for the first half of FY25, underpinned by stable asset valuations and a robust healthcare portfolio.