Real Estate

Scentre Group owns and operates Westfield shopping centres in Australia and New Zealand. The company says it operates 42 Westfield destinations and is looking to create additional value from its land holdings.

HomeCo Daily Needs REIT owns convenience-oriented property. According to its results, the portfolio spans three sub-sectors: Neighbourhood Retail, Large Format Retail, and Health and Services.Assetsare located across metropolitan Sydney, Melbourne, Brisbane, Perth and Adelaide, on 2.3 million square metres of land.

Some detail, such as net tangibleAssetsand segment splits, is not reported here. Figures are in Australian dollars.

The result matters because it frames a new chief executive's agenda: lower gearing, lower overheads and a narrower earnings base. All figures are in Australian dollars and from the company's FY26 results announcement unless stated.

For the year to 30 June 2026, Mirvac reported operating profit after tax of A$508m, up 7% from A$474m. Operating earnings per security were 12.9 cents, up from 12.0 cents. The distribution was 9.5 cents per security, up from 9.0 cents.

REA operates realestate.com.au, Australia's largest residential property portal, and related businesses including commercial and new-homes advertising,Mortgagebroking and data services. Revenue is earned mainly from vendors and agents who pay to list properties, with extra income from tiered products and add-ons.

Scentre reported funds from operations (FFO), its core earnings measure for property, of $612.4 million, up 4.4 per cent on the first half of 2025. FFO per security was 11.73 cents, up 4.0 per cent, and operating profit was $611.7 million, up 4.5 per …