Latest Property Development News

Raptis Group Limited completed a nearly $2 million capital raise and announced plans to acquire a related party management business, alongside significant board changes and steady cash flow from its property management operations.

AVJennings Limited shares will halt trading following court approval of a takeover scheme by PM Nominees C Pty Ltd, marking a pivotal shift for the property developer.

AVJennings Limited’s acquisition scheme has received Supreme Court approval, triggering share suspension and a scheduled delisting from ASX and SGX.

Fenix Resources has marked a milestone quarter with the start of mining at Beebyn-W11, joining Iron Ridge and Shine mines to push production towards 4 million tonnes annually in 2025. The company also reported record shipments and improved cost efficiency, underpinning its growth strategy in Western Australia's Mid-West.

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 Limited has announced a fully franked special dividend conditional on its upcoming acquisition scheme, adjusting the final payout to shareholders. Key dates for dividend payment and scheme implementation are set for August 2025.

AVJennings Limited has announced a special fully franked dividend of AUD 0.167 per share, contingent on court approval of a proposed scheme of arrangement with PM Nominees C Pty Ltd.

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.

Site Group International faces a $10 million Federal Court penalty for unconscionable conduct, while its subsidiary Site Institute Pty Ltd moves forward under a Deed of Company Arrangement.

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.