Latest Property Trusts News

Stockland has reported a remarkable 170.6% increase in net profit for FY25 alongside steady revenue growth and fresh dividend declarations, signaling robust momentum in the property trust sector.

Washington H. Soul Pattinson and Brickworks Limited have unveiled plans to merge via inter-conditional schemes, creating a new ASX-listed entity, Topco. The combination promises enhanced liquidity, portfolio diversification, and a stronger balance sheet, with expert endorsement affirming its benefits for shareholders.

Brickworks Limited and Washington H. Soul Pattinson have unveiled plans to combine under a newly capitalised ASX-listed entity, Topco, aiming to simplify their complex cross-shareholding and unlock shareholder value. Shareholders are set to vote on the scheme in September, with the merger expected to enhance liquidity and deliver dividend accretion.

BWP Property Group and BWP Trust have launched a new Distribution Reinvestment Plan allowing stapled securityholders to reinvest cash distributions into additional securities, potentially at a discount and without transaction costs.

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.

Brickworks Limited reports a mixed second half of FY25 with strong property gains offset by a significant impairment in its North American operations, while its planned merger with Soul Patts remains on track.

State Street Global Advisors has announced a 31.56 cents per unit cash distribution for the SPDR S&P/ASX 200 Listed Property ETF for the period ending June 30, 2025, including franking and foreign tax credits.

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.

Aspen Group has declared a final distribution of 5.00 cents per security for FY25, lifting the total annual payout by 18% compared to last year. The company maintains its suspension of the Distribution Reinvestment Plan ahead of full year results.

HealthCo Healthcare & Wellness REIT and its partners have arranged a short-term partial rent deferral with Healthscope’s receivers to maintain hospital operations during a critical transition period.

Aspen Group has launched a $4 million Security Purchase Plan (SPP) at $2.90 per security, offering eligible investors a chance to buy new stapled securities without brokerage fees. This move follows a recent $70 million institutional placement aimed at strengthening the balance sheet for future acquisitions.

Aspen Group has successfully raised $70.18 million through an institutional placement, aiming to reduce debt and pursue new growth opportunities. A Security Purchase Plan is also underway for eligible investors.