Vicinity Centres acquires Sydney’s ECQ hub for $400M
Vicinity Centres (ASX:VCX) exchanged contracts with Frasers Property to acquire the Eastern Creek Quarter in Western Sydney for $400 million.
Vicinity Centres (ASX:VCX) exchanged contracts with Frasers Property to acquire the Eastern Creek Quarter in Western Sydney for $400 million.
Fletcher Building (ASX:FBU) will sell its Laminex Australia manufacturing site in Cheltenham to investment manager Forza Capital for $53.8 million.
Treasurer Jim Chalmers has indicated that any upcoming reforms to negative gearing and capital gains tax (CGT) will likely include safeguards for existing asset holders.
Summerset Group (ASX:SNZ) reported 365 sales of occupation rights for the quarter ended March 31.
Cromwell Property Group (ASX:CMW) announced results for the half-year ended Dec. 31, 2025, headlined by a strategic pivot toward the industrial sector.
Australian property developer Cedar Woods Properties (ASX:CWP) announced a record net profit after tax of $39.6 million for the first half of the 2026 financial year.
Ingenia Communities (ASX:INA) is on track to deliver full-year earnings at the upper limit of its guidance range, despite a slight softening in first-half home settlements.
GDI Property Group (ASX:GDI) booked a 29.1% rise in funds from operations in H1 FY26, which rose to $21.3 million.
Lendlease (ASX:LLC) reported a statutory loss of $318 million for the first half of the fiscal year, a sharp reversal from the $48 million profit recorded the prior year.
DigiCo Infrastructure REIT (ASX:DGT) reported an underlying revenue of $108 million in H1 FY26, a 12% increase over the prior period.