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Infrastructure and real estate
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Dexus (ASX: DXS) Shares Decline Amid Asset Sale and Valuation Drop
June 27, 2024 12:38 PM AEST| By Team Kalkine MediaShares of Dexus (,ASX: DXS,) experienced a significant intraday decline of 1.81% to AU$6.46 apiece, marking the steepest drop since 25 October 2023.,Asset Sale Details,The real estate firm has announced the sale of three assets, fetching a combined t...
GPT Group (ASX: GPT) Surges on Strong Distribution Outlook
June 25, 2024 03:41 PM AEST| By Team Kalkine MediaGPT Group (,ASX: GPT,) experienced a notable upswing in its share price on Tuesday, climbing by as much as 4.06% to AU$4.36, marking its most significant intraday percentage gain since 16 May 2024. This surge follows the company's announcement of a r...
Dexus (ASX: DXS) Faces Share Price Slide Amid Property Valuation Losses
June 20, 2024 03:47 PM AEST| By Team Kalkine MediaDexus (,ASX: DXS,), a prominent player in the Australian real estate sector, saw its shares drop by as much as 2% to AU$ 6.415 on Thursday, marking their lowest level since October 31, 2023.,The real estate firm disclosed that valuations of 170 out o...
Lendlease Group (ASX: LLC) Shares Surge on Strategic Overhaul
May 27, 2024 04:03 PM AEST| By Team Kalkine MediaShares of Lendlease Group LLC (,ASX: LLC,) experienced a significant rise today, climbing as much as 8.15% to AU$6.37 apiece. If these gains hold, it would mark the company's best trading day since 9 April 2020. This surge comes on the heels of a maj...
Cromwell Property (ASX: CMW) Shares Surge as Company Unveils Plans to Offload European Fund Management Platform
May 23, 2024 02:43 PM AEST| By Team Kalkine MediaCromwell Property (,ASX: CMW,) witnessed a notable surge in its share price on 23 may 2024, jumping by 8.05% to AU$0.47 apiece following the announcement of its intention to sell its European fund management platform and co-investments. The Australia...
Goodman Group (ASX: GMG) Rise in the ASX 200 Market on Thursday
May 16, 2024 04:41 PM AEST| By Team Kalkine MediaGoodman Group (,ASX: GMG,), one of the leading industrial real estate giants in the ASX 200, witnessed a significant surge of 4.o8% on Thursday, with its stock trading at AU$34.73 apiece. Earlier in the day, the company hit a new 52-week high of AU$3...
GPT Group (ASX: GPT) closed green today, reaffirming strong financial performance
May 09, 2024 12:35 AM AEST| By Team Kalkine MediaGPT Group (,ASX: GPT,), a prominent player in the real estate sector, experienced a surge in its stock price, rising by as much as 0.71% on 08 May and closing at AU$4.250.,Amidst this positive market sentiment, GPT Group reaffirmed its commitment to...
Why Stockland Corporation (ASX: SGP) grabbed headlines today?
April 23, 2024 04:51 PM AEST| By Team Kalkine MediaStockland Corporation (,ASX: SGP,) saw a notable movement in its share price in Tuesday’s trading hours. This was followed by an exciting announcement from the diversified real estate company regarding a strategic partnership with fuel retailer Ampol...
Charter Hall Retail REIT (ASX: CQR) shares surge on Thursday following strategic investment moves
March 28, 2024 05:58 PM AEDT| By Team Kalkine MediaIn a notable development, shares of Charter Hall Retail REIT (,ASX: CQR,) experienced a substantial rise, climbing as much as 0.82% to AU$3.71, marking their highest level since February 19th.,The surge in Charter Hall Retail REIT shares comes on the...
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ASX property shares suffer on Monday. Here’s why.
March 18, 2024 07:49 PM AEDT| By Team Kalkine MediaMonday proved to be a challenging day for investors holding property shares, as the ASX experienced another turbulent session. The S&P/ASX 200 Index (ASX: XJO) climbed by 0.072%. However, the real estate sector bore the brunt of the sell-off, with th...
Waypoint Reit (ASX: WPR) closes fiscal year with AU$79M loss
February 26, 2024 07:01 PM AEDT| By Team Kalkine MediaIn the dynamic landscape of financial markets, Waypoint Reit (,ASX: WPR,) recently witnessed a significant downturn on Monday, with its shares falling as much as 2.39% to AU$2.45 apiece.,Understanding the nuances of this trajectory is essential to g...
Reason behind over 12% drop in Lifestyle Communities’ (ASX: LIC) share price
February 23, 2024 05:53 PM AEDT| By Team Kalkine MediaIn a significant market development, shares of Lifestyle Communities (,ASX: LIC,) witnessed a sharp decline of 12.98%, to close at AU$15.080 apiece on 23 February 2024.,Institutional Component Completion,The retirement and aged care company successfu...
Scentre (ASX: SCG) optimistic about earnings in FY24 despite significant drop in profit in FY23
February 21, 2024 06:23 PM AEDT| By Team Kalkine MediaIn the dynamic world of real estate, Scentre (ASX: SCG) faces a substantial challenge as its annual profit takes a hit, primarily due to the devaluation of its property portfolio. Despite the headwinds posed by elevated interest rates and increased d...
Boral (ASX: BLD) seeks to acquire Seven Group (ASX: SVW), extends significant valuation
February 19, 2024 06:46 PM AEDT| By Sonal GoyalIn a remarkable turn of events, shares of Boral Ltd (,ASX: BLD,) have experienced a notable uptick on Monday, rising by as much as 4.62% to AU$6.12.,Adding to the intrigue, Seven Group Holdings (,ASX: SVW,), the top shareholder of Boral Ltd, has exte...
Lendlease share price plummets on $136m half-year loss
February 19, 2024 06:07 PM AEDT| By Team Kalkine MediaThe Lendlease Group (,ASX:LLC,), a prominent international property and infrastructure firm listed on the ASX under the ticker symbol LLC, is facing significant downward pressure in Monday's trading session. As of morning trade, the company's shares...
Goodman Group's (ASX: GMG) stock soars on Thursday morning. Details here.
February 15, 2024 12:37 PM AEDT| By Team Kalkine MediaIn the dynamic realm of the stock market, certain surges capture the attention of investors, and one such instance is the recent uptick in shares of Goodman Group (,ASX: GMG,). The stock rose by an impressive 5.28% to AU$28 apiece on15 February 2024....
Dexus (ASX: DXS) expects to distribute 48 cents of dividend in FY24
February 14, 2024 04:35 PM AEDT| By Team Kalkine MediaIn the dynamic landscape of fiscal projections, Dexus (,ASX: DXS,) stands as a key player, steering through economic shifts and property market fluctuations.,Dexus anticipates distributions of approximately 48.0 AU cents per security for the 12 month...
Mirvac Group (ASX: MGR) records AU$252M of profit after tax in latest half
February 08, 2024 01:15 PM AEDT| By Team Kalkine MediaThe recent surge in Shares of Mirvac Group (,ASX: MGR,) has captured the market's attention, signifying a notable milestone for the Australian property investment firm. This comprehensive article delves into the intricacies of Mirvac's performance, a...
Charter Hall’s (ASX: CLW) shares surged on Thursday. Here’s why.
February 08, 2024 01:14 PM AEDT| By Team Kalkine MediaThe recent surge in Charter Hall Long WALE REIT's stock (,ASX: CLW,) has captured the market's attention. This article provides a detailed analysis of the factors contributing to this rise and offers insights into the company's current standing.,Char...
Why are Charter Hall Group’s (ASX: CHC) Shares on Rise Today?
January 16, 2024 02:12 PM AEDT| By Team Kalkine MediaThe Australian stock market witnessed an impressive surge as shares of Charter Hall Group (,ASX: CHC,) rose by as much as 4.7%, reaching AU$12.2 on 16 January 2024 in their most significant intraday jump since December 14, 2023. This unexpected rise...
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