Australia's Eureka Group rises on rental community acquisition

Eureka group

15/01/2026 24:33

** Shares of Eureka Group EGH.AX rise as much as 2.1% to A$0.495, hitting their highest level since Jan. 7

** Property manager buys Nagambie Lifestyle Park, an all-age rental community in Central Victoria

** Says purchase price is A$11 million ($7.35 million)

** Stock eyes second consecutive session of gains

** Stock fell more than 20% in 2025

($1 = 1.4961 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))