LiveASX is an independent website and is not affiliated with, endorsed by, or associated with ASX Limited.

Aland Pitches Capital-Light Property Model With $32 Million Annual Target

Closing price · 2026-10-26: $0.058 · -3.33%

Aland Equity Group’s investor presentation outlines a capital-light property funds model that avoids upfront land purchases by the company and says Elm Grove is expected to return approximately $4 million by June 2027. The presentation targets $32 million a year from Chinnerys at 200 lots annually, starting in 2027, and indicates a possible 60% payout of sustainable net profit after tax from FY28 or later; no dividend has been declared or policy approved.

Based on AEG’s ASX announcements · Latest release 26/10/2026 09:35 AM Sydney time
Story updated: 26/10/2026 09:37 AM

Source announcements:

More news from 2026-10-26 · Company history