Latest Real Estate News

SkyCity Entertainment Group has completed the unconditional sale of its 99 Albert Street and Victoria Street properties for $74.5 million, aiming to reduce debt and boost financial flexibility.

Dexus has secured a court date in October for the pivotal appeals in its ongoing APAC legal dispute, with multiple parties lodging cross-appeals and contentions following the May Supreme Court judgment.

Centuria Capital Group has completed the retail portion of its fully underwritten entitlement offer, adding $35 million to a prior $265 million institutional raise. The equity raise proceeds will support ongoing growth initiatives.

Ingenia Communities is in discussions with Peet Limited and potential capital partners to extend its land lease portfolio beyond its current five-year plan, aiming to boost scale and financial flexibility.

Ingenia Communities Group confirms it is in discussions with Peet Limited and potential capital partners to explore extending its land bank and accelerating growth in the land lease segment.

Rural Funds Group has exchanged contracts to sell five agricultural assets for $255.6 million, trimming gearing to a pro forma 31.6% and reaffirming its FY26 income forecast.

New Zealand Rural Land Company faces uncertainty as Kiwi Crunch Farms, a tenant accounting for nearly 6% of rental income, enters receivership. Additional leases tied to the same owner add to risk, prompting suspension of earnings guidance.

Summerset Group maintained stable new sales in Q2 2026 with a notable 26% jump in resales, while prudently reducing its New Zealand build rate in response to economic uncertainty.

Dexus's latest external valuations reveal a modest 0.2% decline in its stabilised office and industrial portfolio values as of June 2026, reflecting subtle shifts in capitalisation rates and rental growth.

Lendlease has partnered with The Crown Estate to form the Impact Partnership Joint Venture, unlocking a £24 billion UK development pipeline including up to 30,000 new homes and nearly a million square metres of office and life sciences space.

Centuria Capital Group has secured a 50% stake in prime Sydney CBD offices for $454 million, launching a new fund targeting a 7.5% annual yield and backed by domestic and Japanese investors.

The Alternative Investment Trust (AIQ) posted a 2.0% diluted NTA return in 2025, weighed down by an 8% appreciation of the Australian dollar against its largely USD-denominated portfolio. The trust bolstered its capital base with a A$34.5 million rights issue and increased exposure to the WSS Master Fund.