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Infrastructure and real estate
Adbri Ltd (ASX: ABC) shares extend losses, fall 11% in two days
March 01, 2023 02:13 PM AEDT| By Versha JainAdbri Limited (ASX: ABC) shares have lost around 11% in two days after FY22 results announcement on 28 February 2023.
Downer EDI (ASX: DOW) cuts guidance for FY23 as half-year profit plunges; stock tumbles 24%
February 27, 2023 05:38 PM AEDT| By Neha SimpyDowner EDI (ASX: DOW) cuts guidance for FY23 as half-year profit plunges; stock tumbles 24%
APA Group (ASX: APA) 1HFY23 profit grows 24% as revenue jumps
February 23, 2023 07:45 PM AEDT| By Neha SimpyEnergy infrastructure company APA Group (ASX: APA) unveiled its results for the half year ended 31 December 2022 on Thursday, 23 February 2023. APA shares reacted positively to it and closed up by 1.408% at AU$10.80 on Thursday
Johns Lyng Group (ASX: JLG) reports 84% jump in 1H2023 profit, ups guidance; stock zooms 13%
February 21, 2023 07:18 PM AEDT| By Neha SimpyJohns Lyng Group Limited (ASX: JLG) said its profit surged 83.6% to AU$34.1 million and upgraded its revenue and EBITDA guidance for the full year
Goodman Group (ASX:GMG) posts 11.5% jump in 1H2023 operating profit, upgrades guidance
February 16, 2023 04:23 PM AEDT| By Neha SimpyGoodman’s operating profit came in at AU$877 million, growing 11.5% on 1H2022. Meanwhile, its Operating EPS was at 46.4 cents, up 10.7% on 1H2022.
How has Australian housing market been doing over the past year?
January 02, 2023 12:59 PM AEDT| By TamnnaAccording to a report by the Australian Bureau of Statistics (ABS), 2022 has been volatile for Australia’s housing and property market. The Australian housing market has faced continued declines for the last six months. Successive interest rate incre...
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Dexus (ASX:DXS) sells six properties for AU$483M, de-risks FY23 profit
December 21, 2022 02:03 PM AEDT| By Sonal GoyalDexus shared that it has sold six properties for a total consideration of AU$483 million, out of which two properties are expected to contributeAU$24 million in pre-tax trading profits across FY23 and FY24.
Stockland (ASX:SGP) announces estimated distribution for H1 FY23, shares up
December 14, 2022 01:34 PM AEDT| By TamnnaEarlier this morning (14 December 2022), Australian property development company Stockland (ASX:SGP) announced that it has projected a payout of 11.8 cents per ordinary stapled security for the six months ending 31 December 2022.
How are GPT’s (ASX:GPT) shares faring post logistics assets sale?
November 25, 2022 12:08 PM AEDT| By TamnnaShares of Australian property group were heading south following the announcement of the logistics assets sale. One share of GPT was valued at AU$4.335 with a loss of 0.344% as of 10:51 AM AEDT, 25 November.
Abacus Property (ASX:ABP) affirms distribution guidance, shares fall
November 23, 2022 03:23 PM AEDT| By Sonal GoyalAbacus Property's share price fall despite the company affirming its distribution guidance for FY23.
How are Sunland’s (ASX:SDG) shares faring post AGM update?
November 16, 2022 01:48 PM AEDT| By TamnnaSunland’s share price gained 0.404% and was trading at AU$2.480 per share on the ASX as of 12:20 PM AEDT, 16 November.
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Up 111%, what’s driving PropTech (ASX:PTG) share price higher?
November 01, 2022 02:43 PM AEDT| By Sonal GoyalPropTech share price surged by whooping 111% after the company announced that it will be acquired by MRI for AU$0.60 per share of cash consideration.
Why did Adbri (ASX:ABC) shares spiral down today?
October 17, 2022 03:51 PM AEDT| By Sonal GoyalShares of Adbri are crashing down today after the company announced that its CEO and managing director is leaving the company.
How are these ASX real estate stocks faring year-to-date?
October 16, 2022 08:00 AM AEDT| By Aditi SarkarHighlights,S&P/ASX 200 Real Estate is down by over 30% for the year-to-date period, as of 14 October 2022.,The ABS data released last month highlighted the first quarterly decline in the total value of Australian homes in two years.,The market lost A...
Charter Hall (ASX:CLW) buys stake in geosciences Australia
October 12, 2022 11:49 AM AEDT| By Sonal GoyalShares of Charter Hall Long WALE are buzzing in green zone today. The company announced acquisition of 25% stake in Geoscience Australia property.
Take a look at performance of top ASX-listed REITs in 2022 so far
September 02, 2022 01:38 PM AEST| By Aditi SarkarVCX, ERF, APW are some ASX listed REITs providing decent price returns this year to date.
From VCX to NSR, SCP: How are these top REITs faring on ASX?
August 22, 2022 04:23 PM AEST| By Aditi SarkarVicinity Centres, National Storage REIT, Scentre Group are some of the best performing ASX-listed REITS in the past one year.
Why are Australian property prices tumbling? How are ASX stocks faring?
August 20, 2022 11:00 AM AEST| By ManishaHighlights,Numerous factors, including high interest rates and growing inflation, have crippled the Australian property market.,This year, Australia is registering the fastest series of hikes in interest rates ever since 1994.,The scenario for the ho...
HomeCo REIT's (ASX:HDN) FY22 profit catapults 971%
August 18, 2022 02:40 PM AEST| By RitwikaHomeCo REIT announced its FY22 results today, featuring a profit gain by 971% in the given period.
Mirvac (ASX:MGR) records AU$906M as net profit for FY2022; shares gain
August 11, 2022 11:59 AM AEST| By Sonal GoyalMirvac (ASX:MGR) shares have been gaining on the ASX today after the company delivered a rise in the operating and statutory profit.
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