Latest Residential Development News

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Scentre Group reported a 93% surge in half-year profit to $782.2 million, driven by strong operational growth and property valuation gains. The Group declared an interim distribution of 8.815 cents per security and reaffirmed its 2025 growth guidance.
Eva Park
Eva Park
26 Aug 2025
Peet Limited reported a robust FY25 with a 60% surge in net profit after tax and declared a higher fully franked dividend, underpinned by strong sales and improved capital management. The company is also undertaking a strategic business review while navigating leadership transitions.
Eva Park
Eva Park
21 Aug 2025
Fletcher Building reported a $419 million net loss for FY25 on softer demand and legacy costs but halved its net debt to $999 million through strategic capital management and divestments.
Victor Sage
Victor Sage
20 Aug 2025
Tian An Australia Limited has reversed last year’s loss to report a $12.08 million profit for H1 2025, while progressing key residential developments across Australia.
Eva Park
Eva Park
15 Aug 2025
Finbar Group has sold out its $113 million Bel-Air Apartments project well before its anticipated mid-2026 completion, highlighting strong demand for mid-tier apartments in Western Australia.
Eva Park
Eva Park
11 Aug 2025
James Raptis, founder and long-time director of Raptis Group, will resign this September, with new CEO Russell Garnett stepping in as the company plans a strategic board refresh.
Eva Park
Eva Park
17 July 2025
Lendlease has expanded its Australian development pipeline with a landmark $2.5 billion luxury residential project at 175 Liverpool Street, Sydney, signaling strong confidence in the high-end market and its strategic growth plans.
Eva Park
Eva Park
16 July 2025
Finbar Group has acquired a prime West Leederville site for $15.7 million, aiming to develop 240 apartments valued at $200 million, with earnings expected by FY2030.
Eva Park
Eva Park
7 July 2025
Verbrec Limited has landed over $11 million in new engineering and construction contracts, boosting its outlook for a solid profit in H2 FY2025 amid easing project deferrals.
Victor Sage
Victor Sage
21 May 2025
Raptis Group Limited has completed a $225,000 private placement and launched a fully underwritten $1.75 million entitlement offer, aiming to expand its property management portfolio with a possible Broadbeach acquisition.
Eva Park
Eva Park
19 May 2025
Lendlease has partnered with The Crown Estate to create a 50/50 joint venture aimed at accelerating capital recycling of over $300 million through UK commercial and residential developments. The deal also includes a $1.2 billion Australian office investment mandate, boosting Lendlease’s funds under management to $20 billion.
Eva Park
Eva Park
19 May 2025
Fletcher Building is dissolving its Australian Division, folding operations into two new trans-Tasman units, while targeting $15 million in annual cost savings as market challenges persist.
Victor Sage
Victor Sage
16 May 2025