Latest Residential Property Development News

Finbar Group has completed settlement on a prime South Perth development site valued at approximately $187 million, advancing its substantial $1.2 billion project pipeline with a market launch planned for 2026.

Finbar Group Limited highlights strong sales momentum in 2025, underpinned by a $1.2 billion development pipeline and a buoyant Western Australian apartment market driven by migration and undersupply.

Aspen Group has entered a conditional contract to acquire the remaining stages of the Wallaroo Shores master planned community in South Australia for $14.1 million, significantly boosting its development pipeline in a fast-growing region.

Peet Limited delivered a robust FY25 performance with a 60% jump in net operating profit and a strong sales pipeline, while initiating a strategic review to capitalize on favorable market conditions.

AVJennings Limited has officially been acquired by Proprium Capital Partners through a scheme of arrangement, triggering a special dividend payout and the company’s imminent delisting from the ASX.

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.

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.

AVJennings shareholders have overwhelmingly approved the proposed acquisition by Proprium Capital Partners and AVID, setting the stage for final court approval and a significant shift in ownership.

AVJennings shareholders have overwhelmingly approved a scheme of arrangement for a $0.655 per share cash acquisition by Proprium Capital Partners and AVID Property Group, marking a significant premium and a pivotal moment for the residential property developer.

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.

AVJennings Limited has secured crucial approvals from Australian and New Zealand regulators for its proposed acquisition by PM Nominees C Pty Ltd, moving the deal closer to completion.

Aspen Group has launched a $74 million equity raising to reduce debt and capitalize on growth opportunities in affordable housing, maintaining its FY25 earnings guidance.