Australia Property

Ingenia Communities (ASX:INA) has rejected a $2.14 billion takeover proposal from Warburg Pincus.

New residential building activity across Australia picked up during the June quarter as total home commencements rose 7.0% to 52,201 dwellings.

Collapsed developer Bathla Group owes creditors more than $3.4 billion following its entry into administration in August.

Australian real estate businesses submitted over 480 suspicious matter reports within three months of new anti-money laundering laws coming into effect.

Major Australian companies have introduced a supplier trade fee ranging from 1.8% to 2.2% on American Express (NYSE:AXP) transactions following new rules.

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.