Latest Real Estate News

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.

Domain Holdings has dispatched its Scheme Booklet to shareholders detailing the proposed acquisition by CoStar Group, with strong endorsements from the Board and controlling shareholder Nine Entertainment ahead of the August vote.

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.

US Masters Residential Property Group has announced a special distribution of 10 cents per stapled security, payable in early August 2025. Investors should note key dates for eligibility and payment.

Elanor Investors Group updates on its ongoing asset divestment program, debt covenant negotiations, and corporate governance reforms as it navigates balance sheet challenges and strategic options.

Raptis Group Limited has appointed Russell Garnett as its new CEO and Managing Director, effective July 1, 2025, with a remuneration package heavily weighted towards long-term performance incentives.

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.

Qualitas Real Estate Income Fund (QRI) announced a June 2025 distribution of 1.0664 cents per unit, translating to an annualized return of 8.11% based on forecast net tangible assets. The fund continues to focus on delivering steady income through Australian real estate loans secured by mortgages.

BWP Trust proposes to internalise its management by acquiring BWPM from Wesfarmers for $142.6 million, restructure 62 Bunnings leases to extend lease terms and options, and commit $86 million to capital upgrades. The transaction is forecast to be accretive to FY2026 distributions and requires investor approval.

BWP Trust and Wesfarmers have agreed on a transformative $142.6 million transaction involving management internalisation, lease extensions with Bunnings, and capital commitments to upgrade stores, aiming to boost income certainty and distribution growth.

BWP Trust has announced a significant $45 million net gain from property revaluations for the second half of FY2025, driven by rising rents and a slight compression in capitalisation rates.

Garda Property Group has reported a modest increase in the valuation of its industrial property portfolio, lifting the total to over $521 million ahead of its FY25 annual report.