Latest Residential Property Sales News

Tian An Australia Limited posted a significant half-year loss of $3.9 million for June 2026, reversing prior profits as revenue plunged 86% due to lower sales at The Henley, Enfield. The company continues development across multiple residential projects while supported by a $230 million interest-free loan facility.

Millennium & Copthorne Hotels New Zealand (NZX:MCK) reported a 12% revenue increase and a 58% rise in profit before tax for the first half of 2026, driven by hotel refurbishments and growing room availability despite softer property sales.

The Agency Group Australia has set a new record by surpassing $1 billion in residential property sales in November 2025, driven by strong market activity and agent productivity across multiple states.

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.