Prof. John Sheehan AM served as a Director of Desane since 1987 and as Chairman since 1992, a tenure spanning nearly four decades across the company's development from its early stages to its current form as a Sydney property developer and investment manager. His …
David Jones, which is privately owned and not listed on the ASX, moved into voluntary administration after talks with Westfield collapsed. McGrath Nicol has been named as voluntary administrator. Separately, secured lender Hilco appointed Christopher Hill, David McGrath and Joanne Dunn of FTI Consulting …
The operational update is Goodman's first market disclosure on trading since the full-year results it released on 20 August 2026. Its message was centred on the infrastructure development pipeline, which the group said remains on track. It also noted that barriers to entry continue …
Homebuilders sell homes that buyers finance with mortgages, and mortgage rates follow the 10-year Treasury yield. That yield was reported near 4.89% to 4.93% on November 2 and 3, after touching 5.00% on October 23. Higher rates lift monthly payments and shrink the pool …
For the six months ended 30 June 2026, Scentre Group (ASX:SCG) reportedFunds From Operations (FFO)of AUD 612 million, up 4.4%, equivalent to 11.73 cents per security. Distributions were AUD 481 million, or 9.215 cents per security, an increase of 4.9%. Statutory profit was AUD …
Region Group (ASX:RGN) reported FY26Funds From Operations (FFO)of AUD 184.7 million, an increase of 2.7%. FFO per security rose to 16.0 cents from 15.5 cents, while adjusted FFO (AFFO) increased 2.9% to 14.1 cents per security. AFFO adjusts recurring earnings for maintenance expenditure and …
Stockland (ASX:SGP) settled 8,902 lots in Masterplanned Communities during FY26, an increase of approximately 30%. Net sales rose 49% to 8,541, with 3,824 contracts on hand at year-end. The developmentOperating Marginwas 21.2%. Land Lease Communities settled 777 homes, up 48%, and recorded 1,080 net …
The David Jones statement was brief and factual. Scentre confirmed that David Jones operates from 17 Westfield locations and that rent had been paid up to 30 September 2026. The disclosure followed public discussion about the department store chain's financial position and its relationship …
The quarterly operational update is a brief progress report rather than a full set of financial results. Its central messages were that Goodman's data centre developments are progressing as planned and that its full-year targets are unchanged.
Mirvac Group (ASX:MGR) reported investment portfolio segment EBIT of AUD 602 million, broadly unchanged from FY25. Residential development EBIT increased to AUD 233 million from AUD 179 million, while commercial and mixed-use development EBIT rose to AUD 88 million from AUD 46 million. Funds …