Bathla Group collapse triggers private credit slowdown
The Reserve Bank of Australia stated that the collapse of residential property developer Bathla Group has damaged investor confidence across the country's private credit sector.
The Reserve Bank of Australia stated that the collapse of residential property developer Bathla Group has damaged investor confidence across the country's private credit sector.
Ingenia Communities Group (ASX:INA) has agreed to grant Warburg Pincus initial due diligence access.
Aspen Group (ASX:APZ) released its first-quarter FY27 market update, confirming it remains on track for at least 20% growth.
Lendlease Group (ASX:LLC) delayed the sale of its interest in a Milan mixed-use development, exposing the business to potential project costs of $160 million.
The Australian Bureau of Statistics reported that total dwelling approvals across Australia fell 6.1% in August to 16,953 units.
GARDA Property Group (ASX:GDF) has contracted to sell its industrial property at 67 Noosa Street, Heathwood, for $17.5 million.
RMA Global (ASX:RMY) has appointed Benjamin Balk as CEO and Ashley Farrugia as chair.
REA Group (ASX:REA) agreed to acquire a 35% non-controlling minority interest in Irish digital marketplace operator Distilled.
Asian asset manager PAG has taken control of multiple real estate development sites owned by troubled Bathla Group.
Ingenia Communities Group (ASX:INA) received a revised $5.25 per security cash buyout proposal from Warburg Pincus.
Bathla Group will close its operations and stand down its remaining workforce after short-term emergency funding expired.
Dexus (ASX:DXS) announced that CFO Keir Barnes will step down after seven years with the real estate group.
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