Latest Property Development News

Qube Holdings has sold its 202-hectare Beveridge property interest for $111 million, booking a substantial $100 million pre-tax profit in FY26. The move frees Qube from development costs while keeping future operational options open.

Group One Capital has finalized a structured funding facility for the 107-unit Ahlie residential development in Canberra, setting the stage for milestone-driven revenue of up to $6 million over the project lifecycle.

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.

CVC Limited has released a replacement prospectus for its $75 million CVC Notes 3 offer, combining a New Money Offer and a Reinvestment Offer for existing CVCHA holders. The notes aim to support CVC’s capital management and real estate investment strategy.

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.

Schaffer Corporation reported a 10% decline in statutory net profit for FY25, driven by mixed segment performances, while maintaining dividends and advancing key property developments.

Etherstack plc has successfully raised $6.1 million through an institutional placement, positioning the company to fast-track its Home project and enhance its MCPTX IWF technology.

WhiteHawk Limited has launched its first Australian office in Perth and signed a Memorandum of Understanding with Novera to co-develop a cybersecurity and AI governance platform tailored for the Australian market and broader APEC region.

SGH Ltd reported record earnings and reaffirmed its FY26 EBIT growth guidance at its 2025 AGM, while addressing recent workplace fatalities and outlining strategic growth initiatives.

CVC Limited has announced a $50 million offer of unsecured, redeemable notes to strengthen its balance sheet and capitalize on strategic real estate opportunities across Australia. The notes feature a floating interest rate and a reinvestment option for existing noteholders.

Desane Group Holdings Limited reported a solid FY25 profit and declared a special dividend following a key property sale, while advancing major development projects in Penrith and Leichhardt.

Vicinity Centres reported a record statutory net profit exceeding $1 billion for FY25, driven by strategic asset acquisitions and strong retail sales growth. The company reaffirmed its FY26 earnings guidance amid positive retail sector momentum and ongoing portfolio enhancements.