ASX:MGR 3 May 2026 - 9 June 2026

Scentre Group Drops to A$3.83 With Rate Worries Pressuring ASX Property
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Scentre Group Drops to A$3.83 With Rate Worries Pressuring ASX Property

Scentre Group closed 3 Australian cents lower at A$3.83 on Thursday, moving in a range from A$3.78 to A$3.86. Volume was heavy, with 18.7 million securities changing hands, topping the usual daily average of 13.8 million. The drop was smaller than losses at some other listed property names. Vicinity Centres slipped 1.16%. Stockland gave up 1.63%. Mirvac shed 1.13%. The A-REIT index finished down 20.9 points at 1,735.5. The ASX 200 ended at 8,911.1.
June 18, 2026
Mirvac Group Eyes 4,000-Home Brisbane Prize as Visy Site Race Narrows
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Mirvac Group Eyes 4,000-Home Brisbane Prize as Visy Site Race Narrows

Mirvac Group and Lendlease are now seen as the leading contenders to redevelop the former Visy glass site along Brisbane’s South Brisbane riverfront, according to the Courier-Mail. That puts the two heavyweight Australian developers out in front in the state-run competition for the rare inner-city property. The Courier-Mail also noted that Economic Development Queensland hasn’t officially announced the shortlist. Dubai-based Sobha Realty and Azizi Developments are reportedly still in the running. Timing is crucial here: the site is large, nearby, and carries political weight. EDQ calls it 7.1 hectares of prime riverfront, just 1.3 kilometres out from Brisbane’s CBD, with 400 metres of river edge and scope for over 4,000 homes inside a mixed-use area.
May 3, 2026