Latest Australian Real Estate News

Abacus Storage King has received a revised non-binding acquisition proposal from a consortium including Ki Corporation and Public Storage, with due diligence now underway. Securityholders are advised to hold tight as the independent board committee explores the potential deal.

360 Capital Mortgage REIT has successfully raised $6.4 million through an additional placement of over one million new units, aiming to expand its mortgage loan portfolio and enhance trading liquidity.

United Overseas Australia Ltd has signed a binding agreement to acquire a strategic land parcel in Ho Chi Minh City, aiming to develop a substantial commercial office building. The AU$104.7 million deal marks a significant expansion into Vietnam’s growing property market.

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

Garda Property Group has announced the taxable components of its distribution for the year ending 30 June 2025, outlining fund payments and capital gains attributed to investors. The distribution is scheduled for payment on 16 July 2025, with further tax details to follow in the annual statement.

BWP Trust proposes to internalise its management by acquiring BWP Management Limited from Wesfarmers for $142.6 million, restructure 62 Bunnings leases to extend lease terms and options, and commit $86 million to capital expenditure at key Bunnings sites. The transaction aims to enhance income certainty, reduce costs, and increase distributions for investors.

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.

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.

360 Capital Mortgage REIT has successfully raised A$1.71 million by issuing 288,540 new units under a non-underwritten Unit Purchase Plan, strengthening its capital base without incurring brokerage costs.

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.

Charter Hall has announced a 6% increase in its half-year distribution to 24.38 cents per security for the period ending June 30, 2025, signaling steady growth in its property investment returns.

GPT Group has announced an estimated distribution of 12.0 cents per stapled security for the first half of 2025, setting the stage ahead of its interim results release in August.