Infrastructure and real estate
Land & Homes Group Faces Voluntary Administration Amid Industry Challenges
December 02, 2024 01:21 PM AEDT| By Team Kalkine MediaHighlights,Land & Homes Group (LHM) enters voluntary administration amidst ongoing struggles,.,The construction sector faces inflated costs post-pandemic,,impacting,project viability,.,Barry Parade Project halted due to escalating costs and lack of a...
Hot Stocks on ASX: Resolute Mining, AVJennings, SG Fleet, Novonix Gaining Momentum
November 29, 2024 04:00 PM AEDT| By Team Kalkine MediaHighlights:,Resolute Mining makes a second settlement payment of US$50 million as part of a $160 million agreement with the Government of Mali.,AVJennings shares surge after receiving a takeover proposal from AVID Property Group, with a 103% premium...
AVJennings Given Takeover Proposal by AVID Property
November 28, 2024 04:00 PM AEDT| By Team Kalkine MediaHighlights:,AVJennings (ASX:AVJ) has received a non-binding proposal from Proprium Capital Partners and AVID Property Group to acquire all outstanding shares in AVJennings through an all-cash offer.,The proposal offers a 103% premium to AVJennings' c...
AVJennings Board to Recommend Shareholders Approve AU$0.67 Takeover Offer
November 28, 2024 03:59 PM AEDT| By Team Kalkine MediaHighlights,Takeover Proposal:,AVJennings board backs a $0.67 per share cash offer from Proprium Capital and AVID Property Group.,Premium Offer:,Proposal offers 103% premium over AVJennings' recent share price.,Due Diligence:,AVID granted exclusive ac...
AVJennings Board Backs Proposed Takeover by Proprium Capital and AVID Property Group
November 28, 2024 03:54 PM AEDT| By Team Kalkine MediaHighlights:,AVJennings’ board is recommending shareholders vote in favour of a proposed takeover offer by Proprium Capital Partners and AVID Property Group.,The offer provides a significant premium of 103% over AVJennings' closing share price on Nove...
David Harrison’s Journey to Building an $80 Billion Funds Powerhouse
November 27, 2024 09:02 PM AEDT| By Team Kalkine MediaHighlights,David Harrison shaped Charter Hall into Australia’s largest diversified property funds manager.,Charter Hall CHC manages $80 billion across office, retail, and industrial real estate.,The company’s strategic partnerships and innovative man...
Finbar Group Limited's (ASX:FRI) Ownership Structure Highlights Private Company Influence
November 26, 2024 04:34 PM AEDT| By Team Kalkine MediaHighlights,Private companies hold a 40% stake in Finbar Group FRI, granting them,significant influence,.,Individual shareholders collectively own 31% of the company’s shares.,Top,six shareholders control over half of the company, with insiders owning...
HMC Capital Marks Historic ASX Listing with DigiCo REIT Debut
November 25, 2024 12:53 PM AEDT| By Team Kalkine MediaHighlights,HMC Capital unveils,DigiCo,REIT on the ASX with a market valuation of A,$2.74 billion,.,AI-driven growth accelerates demand for data,centre,infrastructure,.,Expansion plans target Australian and US digital infrastructure markets,.,HMC Capi...
Aspen Group Boosts FY25 Outlook Amid Housing Demand and Development Growth
November 15, 2024 02:16 PM AEDT| By Team Kalkine MediaHighlights,Aspen Group anticipates FY25 earnings to rise 5% over,previous,estimates.,Expansion planned for lifestyle and residential sectors with doubled home production.,Focus on debt reduction to strengthen financial position.,Aspen Group (ASX:APZ)...
Lendlease (ASX:LLC) Surpasses 'Second Strike' with Strong Shareholder Backing
November 15, 2024 12:30 PM AEDT| By Team Kalkine MediaHighlights,Lendlease secured strong shareholder backing for its,remuneration,report.,The company avoided a potential board dissolution with over 91% votes in favor.,New,chairman,John Gillam’s engagement with key investors contributed to the positive...
Goodman Group (ASX:GMG) Faces Shareholder Backlash on Remuneration Report
November 14, 2024 11:49 AM AEDT| By Team Kalkine MediaHighlights,Goodman Group encounters a 34% vote against its remuneration report.,Share-based expenses exclusion raises concerns among proxy firms.,A second strike could lead to a board re-election vote.,Goodman Group (ASX:GMG), a prominent player in t...
HMC Capital Advances DigiCo Platform with $400M Acquisition of iseek
November 11, 2024 03:46 PM AEDT| By Team Kalkine MediaHighlights,HMC Capital,acquires,iseek,to expand its digital infrastructure platform.,Acquisition supports the formation of,DigiCo,Infrastructure REIT with,$4 billion,AUM.,Expansion includes data,centre,assets in both Australia and North America.,In a...
Stockland Increases FY25 Earnings Outlook with Major Acquisition from Lendlease
November 11, 2024 11:30 AM AEDT| By Team Kalkine MediaHighlights,Stockland revises FY25 earnings guidance post-acquisition of 12 residential communities.,FY25 distribution aligns with 75-85% payout of funds from operations.,Projected gearing stays within target range, with strong settlement volumes expe...
Scentre Group's Positive Momentum with Increased Foot Traffic and Sales Growth
November 07, 2024 04:43 PM AEDT| By Team Kalkine MediaHighlights,Scentre Group sees growth in customer visits and partner sales across Australia and New Zealand.,Portfolio occupancy reached a robust 99.4%, with consistent positive leasing spreads.,Strategic developments in key locations and effective re...
Scentre Group (ASX: SCG) Confirms Growth with Strong Occupancy and Sales
November 07, 2024 11:36 AM AEDT| By Team Kalkine MediaHighlights,Scentre,Group,maintains,growth projections with,a funds,from operations (FFO) target.,Distribution growth set at a minimum of 3.6% for the year.,Record annual sales and high occupancy levels achieved across the portfolio.,Scentre Group (AS...
Goodman Group (ASX:GMG) Grows Steadily in Data Center Projects as Demand Surges
November 06, 2024 01:09 PM AEDT| By Team Kalkine MediaHighlights,Goodman Group reports high demand,in,data center projects, expanding its,logistics,reach.,The development pipeline valued at $12.8 billion spans 74 active sites.,Sustainability,remains,central, with top benchmark scores in real estate.,Goo...
Citi Optimistic About GPT Group Amid Retail and Industrial Growth
November 05, 2024 04:44 PM AEDT| By Team Kalkine MediaHighlights,Positive Outlook:,Citi maintains a "buy" rating for GPT Group, with a price target of AU$19.3.,Growth Potential:,GPT's expanding fund management business and strong industrial leasing are seen as key drivers.,Improved Conditions:,Reduced t...
Lifestyle Communities Shares Rise Following Stake Acquisition by HMC Capital
November 05, 2024 11:12 AM AEDT| By Team Kalkine MediaHighlights,HMC Capital,acquires,a 2.7% stake in Lifestyle Communities.,Lifestyle Communities’ shares surge amid new investor activity.,HMC Capital's reputation as an activist investor boosts market sentiment.,Lifestyle Communities (ASX:LIC) experienc...
United Overseas Australia Ltd Engages in New Share Issuance on ASX
November 04, 2024 03:41 PM AEDT| By Team Kalkine MediaHighlights,United Overseas Australia Ltd has announced the issuance of over 2.6 million new ordinary fully paid shares.,The shares will be quoted on the ASX, contributing to the company's dividend or distribution plan.,This development may impact the...
An ASX Dividend Stock Noted for a 50% Decline This Year
November 04, 2024 02:59 PM AEDT| By Team Kalkine MediaHighlights,Centuria Capital Group's share price has decreased by approximately 50% since September 2021 and 15% since late September 2024.,Potential interest rate cuts by the Reserve Bank of Australia could positively impact Centuria's asset valuatio...
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