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Infrastructure and real estate
HMC Capital Expands into Data Centre Sector with Global Switch Acquisition
October 24, 2024 01:38 PM AEDT| By Team Kalkine MediaHighlights,HMC Capital announces acquisition of Global Switch Australia.,The A$1.94 billion deal strengthens its digital infrastructure strategy.,Plans include creating a digital platform and potentially listing assets.,HMC Capital Ltd (ASX:HMC) has...
HMC Capital Secures $300m for Data Centre Acquisition
October 24, 2024 01:23 PM AEDT| By Team Kalkine MediaHighlights,HMC Capital,sets,up a $300 million raise for a major data,centre,acquisition.,The acquisition includes Sydney-based Global Switch Australia.,Plans are in place for a $2 billion digital infrastructure portfolio.,HMC Capital,(ASX:HMC),is tak...
Cement Industry Consolidation: Major Acquisitions Reshape Market
October 23, 2024 12:04 PM AEDT| By Team Kalkine MediaHighlights,HeidelbergCement expands its footprint in Australia with a key acquisition.,CRH finalizes takeover of,Adbri,, marking a major industry shift.,Strategic mergers highlight the ongoing consolidation trend in the cement sector.,The cement indu...
Mirvac Reports Significant Increase in Residential Sales Year-on-Year
October 22, 2024 11:32 AM AEDT| By Team Kalkine MediaHighlights,Mirvac residential sales increased by 33% year-on-year.,Positive momentum across Mirvac's commercial and mixed-use development.,Earnings and distribution guidance for FY25,remains,on track.,Mirvac Group (ASX: MGR) has reported a significan...
Stockland Maintains Strong Performance and Reaffirms FFO Guidance
October 21, 2024 11:31 AM AEDT| By Team Kalkine MediaHighlights,Stockland,maintains,its FFO guidance range.,Town center portfolio sees,strong performance,and rental growth.,Development business records solid sales across key segments.,Stockland has reaffirmed its funds from operations (FFO) guidance, r...
Hotel Property Investments Receives Sweetened AU$755.8Mn Offer from Charter Hall Retail REIT
October 18, 2024 11:46 AM AEDT| By Team Kalkine MediaHighlights,Charter Hall Retail REIT has raised its offer to AU$3.85 per share, valuing Hotel Property Investments at AU$755.8 million.,Hotel Property Investments rejected an earlier bid over valuation concerns, and is yet to respond to the new offer....
Charter Hall and Hostplus Increase Final Offer for Hotel Property Investments
October 18, 2024 11:15 AM AEDT| By Team Kalkine MediaHighlights,Charter,Hall and,Hostplus,enhance takeover bid for Hotel Property,Investments .,Revised offer set at $3.85 per share, raised from $3.65.,Hotel Property,Investments previously,rejected the,initial,offer, citing undervaluation.,Charter Hal...
Lifestyle Communities Ltd (ASX: LIC) Share Price Declines 3% Following CEO Retirement Announcement
October 14, 2024 01:56 PM AEDT| By Team Kalkine MediaHighlights:,Lifestyle Communities shares drop 3% to AUD9.10 amid leadership transition.,Co-founder and managing director James Kelly announces retirement effective December 31, 2024.,Kelly reflects on 21 years of service, marking a significant era fo...
Leadership Transition at Lifestyle Communities as Co-Founder Announces Retirement
October 14, 2024 12:57 PM AEDT| By Team Kalkine MediaHighlights,Lifestyle Communities co-founder James Kelly to retire after 21 years.,Search for new CEO underway with interim executive,chairman,in place.,Leadership change effective from January 1.,Lifestyle Communities Limited (ASX:LIC) is set for a l...
Institutional Ownership in The GPT Group (ASX:GPT)
October 14, 2024 10:55 AM AEDT| By Team Kalkine MediaHighlights,Institutional investors hold a major stake in The GPT Group, owning 78% of the company.,The top 4 shareholders control over half of the company's shares.,General public owns 21% of the,stock, but,has limited influence compared to instituti...
Fletcher Building Successfully Completes NZ$418 Million Retail Entitlement Offer
October 11, 2024 11:26 AM AEDT| By Team Kalkine MediaKey Points:,Fletcher Building raised NZ$700 million, with NZ$587 million from institutional investors and NZ$113 million from retail shareholders.,Retail investors showed strong support, subscribing for NZ$83 million in new shares, with a 73% take-up...
HMC Confirms Data Centre Discussions, Potential $2 Billion Deal
October 04, 2024 11:45 AM AEST| By Team Kalkine MediaHighlights,HMC in talks with Global Switch Australia for data center assets.,Discussions include potential $2 billion deal.,Plans for a $1 billion real estate listing this year.,HMC Capital (ASX:HMC), led by David Di Pilla, has confirmed ongoing disc...
ANZ: Australian Housing Market Cooling, Signs of Moderation Emerge
October 04, 2024 09:54 AM AEST| By Team Kalkine MediaHighlights,Slower Price Growth Expected:,ANZ predicts capital city housing prices to rise by 7.3% in 2024, slowing to 5.5% in 2025, signaling a cooling market.,Regional Variations:,Perth, Adelaide, and Brisbane are expected to see significant price i...
Stockland (ASX:SGP) Shows Positive Gains Over the Past Year
October 03, 2024 12:21 PM AEST| By Team Kalkine MediaHighlights,Stockland share price up 41% in the last year.,Total shareholder return (TSR) for Stockland was 49%, driven by dividends.,Long-term stock performance has been modest over three years.,Stockland,(ASX:SGP),has outperformed the market over th...
ASX Real Estate Stocks Gain Momentum Amid IMF Warning
October 03, 2024 11:45 AM AEST| By Team Kalkine MediaHighlights:,ASX real estate stocks gained around 1% near midday, led by Dexus Limited (,ASX:DXS,) with a 1.9% rise, amidst optimism for the sector despite interest rate concerns.,The International Monetary Fund (IMF) warned that unexpected government...
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...
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