Latest Property Market News

PEXA Group reported a robust first quarter for FY26, driven by refinancing growth in Australia and rising momentum in the UK market. The company reaffirmed its full-year guidance while advancing key strategic initiatives including platform modernization and a NatWest partnership.

The Agency Group Australia has kicked off FY26 with a robust 26% year-on-year growth in Gross Commission Income and $2.3 billion in property sales, defying tight housing supply. The company is on track to surpass its $140.5 million GCI run-rate target, fueled by strong agent recruitment and expanding property management.

Desane Group Holdings has declared a special 2 cent per share dividend following the sale of a key property in Lane Cove, signalling a direct return of capital to shareholders.

Desane Group Holdings has completed the early settlement of its Lane Cove commercial property sale for $8.7 million, freeing capital to pursue fresh investment opportunities aligned with its strategy.

360 Capital Group has launched its new private equity fund, marking its debut acquisition with a $49.9 million Sydney apartment complex purchase. The fund combines equity from wholesale investors, bank debt, and structured equity to finance the deal.

Elanor Commercial Property Fund has reported a steady Q1FY26 distribution and reaffirmed its full-year guidance, underpinned by significant lease agreements and a strategic debt refinancing.

GPT Group has acquired a 50% interest in Sydney’s iconic Grosvenor Place office tower, forming a strategic partnership with Commonwealth Superannuation Corporation (CSC) and expanding its premium office portfolio.

Axiom Properties Limited and Securexchange have teamed up to launch Settlement Advance, a financial solution allowing property sellers to access up to $350,000 of their home equity before settlement, streamlining the property transaction process.

Region Group delivered solid financial results for FY25 with modest growth in funds from operations and assets under management, while announcing a planned CEO retirement and maintaining positive guidance for FY26.

LDR Assets, led by the Lederer Family Office, updates its $0.70 per security takeover offer for Elanor Commercial Property Fund, highlighting management concerns and urging investors to accept before the 13 October deadline.

Dexus Industria REIT has acquired two fully leased industrial warehouses in Melbourne’s Dandenong South for $47.5 million, reinforcing its strategic focus on industrial assets and maintaining its FY26 financial guidance.

United Overseas Australia Ltd has completed its acquisition of a prime land parcel in Ho Chi Minh City, setting the stage for a major Grade A office development that aligns with Vietnam’s growing financial hub ambitions.