ASX Announcements
Market Sensitive
Expansion into all-age rental with Gladstone acquisition
Asset Acquisition
- Feb 6, 2025
- 2 pages
Resignation of Chief Financial Officer
Company Secretary Appointment/Resignation, Company Administration - Other
- Jan 21, 2025
- 1 page
October 2024
Eureka Group’s spurned suitor Aspen launches $33.6m block trade
It comes after Aspen, capitalised at $430 million on the ASX, tried to acquire Eureka under a scrip bid but failed due to opposition from the target’s register.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August 2024
Decline in home ownership a boon for retirement operator Eureka
The company’s new chief executive, Simon Owen, says a growing number of retirees don’t have the real estate to buy into more expensive homes.
- Michael Bleby
May 2024
- Opinion
- Affordable housing
Let business play a role fixing Australia’s affordable housing crisis
ASX-listed Aspen has found novel ways to combat the cost inflation plaguing the sector. It’s time to scale via M&A and create sustainable operators.
- Justin O'Brien
August 2023
This firm focused on BTR for budget retirees - and it paid off
Eureka’s budget build-to-rent portfolio distinguished itself with a healthy 33 per cent increase in its portfolio valuation to $229 million, a contrast to the asset write-downs experienced by many of its larger peers.
- Nick Lenaghan
October 2022
Eureka chases $28m equity; Moelis, Taylor on board
Eureka is seeking funds for acquisitions and development.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
October 2018
'We see value': Folkestone fund takes 5pc stake in retirement operator Eureka
Other investors are also seeing value in Eureka, which manages over 2000 rental units in 41 villages nationally.
- Updated
- Michael Bleby
June 2016
Eureka snaps up Blue Care villages
Accommodation provider Eureka has purchased three retirement villages from not-for-profit operator Blue Care in a $6 million deal.
- Updated
- Nick Lenaghan
August 2015
Eureka Group flags earnings upgrade
Listed seniors village owner and operator Eureka Group has flagged a substantial uplift in its earnings for 2015 as revenue growth and revaluations push it past previous profit expectations.
- Nick Lenaghan
July 2015
Eureka plans 150 retirement property buys
Listed seniors village owner and operator Eureka Group Holdings has 150 acquisitions targeted in its strategy to become Australia's largest seniors village landlord.
- Updated
- Matthew Cranston
December 2014
Eureka Group seeks to raise $5m through CCZ Equities
Seniors living company Eureka Group Holdings has been seeking to raise $5 million at 25¢ a share through broker CCZ Equities.
- Updated
- Sarah Thompson, Anthony Macdonald and Jake Mitchell
November 2014
Bloomer Constructions builds a new ASX listing
Just over a week after the float of Australia’s fifth-largest building company, Simonds Group, Queensland-based Bloomer Constructions is planning a back-door listing on the Australian Stock Exchange.
- Matthew Cranston
October 2014
Eureka expansion
Property briefs | Eureka Group Holdings has raised $1.4 million from sophisticated and professional investors at 15¢. The money will help fund the purchases of the Elizabeth Vale 1 and Bundaberg seniors villages.
- Updated
September 2014
Property briefs
Retirement living group Ingenia Communities has completed a $73.66 million institutional placement and entitlement offer an issue price of $0.45 a security.
- Updated
TIAA scopes out landmark North Sydney tower
Property investment fund TIAA Henderson Real Estate is in due diligence to buy a half stake in North Sydney’s landmark 101 Miller Street for price tag in excess of $300 million.
- Updated
- Mercedes Ruehl
August 2014
Big build for convention site
Eureka Funds Management and its joint venture partner, developer Clement Lee, have submitted plans for a $400 million-plus high-density residential project on the former Melbourne Convention and Exhibition Centre site.
- Updated
- Nick Lenaghan
July 2014
DEXUS doubles on Woy Woy and Wagga Wagga
DEXUS Wholesale Property Fund has snapped up Deepwater Plaza and Sturt Mall for just under $160 million, demonstrating the overwhelming interest for sub-regional shopping malls.
- Updated
- Mercedes Ruehl
February 2014
Eureka to buy $3.1m seniors’ rental village in Cairns
Eureka Group Holdings has executed a contract to purchase, for $3.1 million, the land and buildings for a 51-unit seniors’ rental village it has been managing for six years in Smithfield, Cairns.
- Updated
- Michael Bleby