End of week ASX wrap: Quite the quietude

• Dexus updated the market on the Atlassian development
• Raptis Group acquired management rights for two Gold Coast apartments
• FBU announced the appointment of Joe Locandro as Chief Information Officer

Whether it’s John Cage’s 4:33, or Dami Im’s Eurovision second place winning song getting another run this week, ASX listed real estate companies have been quite quiet this week, again.

While little was going on in terms of ASX listed real estate company announcements and movement, we spoke with Proptech Group’s (ASX: PTG) Joe Hanna about the company’s product development and investors across two parts, the first here and the second part here.

The broader market

The ASX200 closed today at 7,406.20, gaining 19.10 points or 0.26%. Since markets opened on Monday at 7,294.40, the market is up 123.2 points or 1.7%.

The movement

Monday saw no significant news about ASX listed real estate companies, as was the case for Tuesday too.

On Wednesday, Dexus (ASX: DXS) updated the market on the new Atlassian headquarters in Sydney. DXS said it conditionally exchanged binding transaction documents with Atlassian to fund, develop, and invest in Atlassian’s new headquarters in Sydney.

The project is estimated to cost circa $1.4 billion, and be completed in 2026.

The full story here.

Yesterday saw news from Raptis Group (ASX: RPG), the company held a general meeting regarding the acquisition of management rights and development management agreement for two apartment towers on the Gold Coast. Both motions were passed with over a 99 per cent majority.

The full story here.

Finally, today, Fletcher Building (ASX: FBU) announced that Joe Locandro has been appointed Chief Information Officer, replacing Dan Beecham.

That’s the latest in ASX listed real estate companies.

Meetings and distributions

Distributions/Dividends announced*:

* Please check with the relevant company for additional information regarding distributions.