Infrastructure and real estate

REA Group (ASX:REA) Shares Rise as Company Announces Key Developments
September 26, 2024 01:09 PM AEST| By Team Kalkine MediaShares of REA Group Ltd (ASX:REA) are experiencing a strong performance today, with the stock price climbing 3% to AU$198.50 as of the latest trading update. Investors are reacting positively to a combination of significant announcements from the onl...

Lendlease (ASX:LLC) and Stockland (ASX:SGR) Make Headlines Following ACCC Nodes for AU$1.3bn Deal
September 26, 2024 01:05 PM AEST| By Team Kalkine MediaTwo major real estate players in the S&P/ASX 200 Index, Lendlease Group (ASX:LLC) and Stockland Corporation Ltd (ASX:SGP), are grabbing attention today due to a significant development in their business dealings. These companies are making news follo...

Stockland Corporation (ASX:SGP) Shares Rise Amid Acquisition Green Light
September 26, 2024 01:00 PM AEST| By Team Kalkine MediaShares of Stockland Corporation Ltd (ASX:SGP) climbed as much as 2.1% to AU$5.40 in early trading today, marking the company’s third consecutive session of gains. If the trend continues, the property development giant is poised for a strong close, bo...

Goodman Group (ASX:GMG) CEO Greg Goodman Sells Shares: What Does It Mean for Investors?
September 25, 2024 02:45 PM AEST| By Team Kalkine MediaGreg Goodman, the CEO of Goodman Group (ASX:GMG), Australia’s largest property business, has recently executed a substantial divestiture of shares in the company. Such insider selling often raises eyebrows among investors, as it can signal potential...

REA Group (ASX:REA) Makes Third Multi-Billion Pound Offer for Rightmove
September 24, 2024 01:57 PM AEST| By Team Kalkine MediaREA Group (ASX:REA), the Australian online property platform largely owned by Rupert Murdoch's News Corp, has put forth a third substantial offer to acquire British real estate listing giant Rightmove. This latest bid is valued at GBP 6.1 billion (ap...

REA Group's (ASX:REA) Sweetened Bid for Rightmove Boosts Stock as Analysts Signal Progress
September 24, 2024 12:01 PM AEST| By Team Kalkine MediaShares of REA Group (ASX:REA), Australia’s leading property listing firm, rose by as much as 1.4% to AU$196.65 on 24 September 2024, following news of its revised bid for Britain's property platform, Rightmove (LSE:RMV). The new proposal, worth £6.1...
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REA Group (ASX:REA) share price jumps 11% YTD. Here’s why.
September 18, 2024 02:47 PM AEST| By Team Kalkine MediaREA Group Ltd (ASX:REA) has shown impressive performance in 2024, with its share price rising more than 11% year-to-date, outpacing the broader market's 7% increase as measured by the S&P/ASX 200 index (ASX: XJO). Brokers are particularly bullish on...

Lendlease Group (ASX:LLC) share price drops 58% in five years. Here’s why.
September 18, 2024 10:44 AM AEST| By Team Kalkine MediaLendlease Group (ASX:LLC) has experienced a notable 32% increase in its share price over the past quarter, offering some hope to investors. However, this recent rally doesn't erase the challenges the company has faced in the long term. Over the past...

Rightmove Rejects Acquisition Proposal from REA Group
September 11, 2024 10:24 AM AEST| By Team Kalkine MediaREA Group's Proposal to Acquire Rightmove,REA Group Ltd (ASX:REA), the Australian digital real estate platform, has faced a setback in its attempt to acquire UK-based property listings company, Rightmove plc (LSE:RMV). The proposal aimed to create a...

Scentre Group (ASX:SCG) Shares Hit Highest Level Since 2020 Following AU$900mn. Here’s Why.
September 09, 2024 03:25 PM AEST| By Team Kalkine MediaScentre Group (ASX:SCG), the Australian property giant and operator of Westfield shopping centres, saw its shares rise by as much as 1% to AU$3.535 in recent trading, marking their highest point since 27 February 2020. The stock’s upward movement com...

REA Group (ASX: REA) Considers Acquisition of Rightmove: A Strategic Move for Global Expansion
September 02, 2024 11:26 AM AEST| By Team Kalkine MediaREA Group (ASX: REA), Australia's leading property technology firm, is exploring the possibility of acquiring Rightmove, the UK’s dominant property portal. This potential move could significantly expand REA's international footprint and enhance its g...

SiteMinder Disappointing Earnings Report Sends Shares Down
August 29, 2024 04:21 PM AEST| By Team Kalkine MediaSiteMinder Limited (ASX:SDR) recently released its annual financial results, but the reaction from shareholders was less than enthusiastic. The company's stock tumbled 5.7% to AU$4.92 within a week of the announcement. The downturn in share price ref...

Elanor Investors Group Suspends Trading and Cancels Dividend Amid Financial Reassessment
August 23, 2024 01:29 PM AEST| By Team Kalkine MediaElanor Investors Group (ASX: ENN) has requested a trading suspension on the Australian Securities Exchange (ASX) and announced the cancellation of its dividend. This move is part of the company's strategy to stabilize its financial position amid ongo...

Fletcher Building (ASX:FBU) Faces Challenges Amidst Economic Pressures
August 21, 2024 11:42 AM AEST| By Team Kalkine MediaFletcher Building (ASX:FBU) has confirmed significant losses for the fiscal year ending June 30, with the departure of the CEO, chair, and several key directors signaling that the results are even worse than initially expected.,As a result, there wil...

Ingenia Communities (ASX:INA) Surges 7% on ASX After Strong FY24 Results Despite Profit Decline
August 20, 2024 02:20 PM AEST| By Team Kalkine MediaIngenia Communities Group (ASX:INA), a prominent player in the ASX 200 real estate sector, is witnessing a notable rise in its share price, up over 7% to AU$5.45 as of Tuesday. This surge follows the company’s announcement of its fiscal year 2024 (FY...

Dexus (ASX:DXS) Faces AU$1.58 Billion Loss as High Interest Rates Crush Property Portfolio Value
August 20, 2024 01:36 PM AEST| By Team Kalkine MediaAustralia’s prominent office landlord, Dexus (ASX:DXS), has reported a staggering annual loss of AU$1.58 billion for the year ending June 30, 2024, significantly surpassing market expectations. This marks a substantial deterioration from the previous...

Vicinity Centres (ASX:VCX) Acquires 50% Stake in Lakeside Joondalup Shopping Centre for $420 Million
August 20, 2024 09:58 AM AEST| By Team Kalkine MediaVicinity Centres (ASX:VCX) has expanded its retail property portfolio by acquiring a 50% share in Lakeside Joondalup Shopping Centre for $420 million. This strategic investment reinforces Vicinity's focus on enhancing its footprint in premium retail...

Goodman Group (ASX:GMG) Shares Decline Despite Strong FY 2024 Results and Robust Performance
August 15, 2024 12:44 PM AEST| By Team Kalkine MediaGoodman Group (ASX:GMG) is seeing its share price come under pressure on Thursday morning, with a decline of nearly 1.5% to AU$34.70. This drop follows the release of the company’s financial results for the fiscal year 2024 (FY 2024), which were anno...

Acciona Energia (ASX:ACX) Warns Against Abandoning 2030 Energy Transition Targets
August 14, 2024 11:14 AM AEST| By Team Kalkine MediaAcciona Energia (ASX:ACX) has issued a strong statement urging Australia not to forgo its 2030 energy transition targets. The company argues that abandoning these ambitious goals would squander Australia’s significant advantages in the global push to...

Mirvac (ASX:MGR) Group Faces Investor Sell-Off After FY 2024 Results
August 08, 2024 03:33 PM AEST| By Team Kalkine MediaMirvac Group (ASX:MGR), a key player in the S&P/ASX 200 Index, is grappling with a significant drop in its share price following the release of its full-year results for FY 2024. After closing at AU$2.11 yesterday, Mirvac's share price plummeted to A...

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