EVT Targets A$800 mn Asset Sale
Entertainment and travel company EVT (ASX:EVT) announced that it has identified approximately A$800 million (US$571.84 million) of non‑core property assets for divestment on a value‑first basis over the coming years. Citi analysts cautioned that rising development costs together with higher financing costs could compress the prices that buyers are able to pay, and therefore patience will be required to complete the sales. The bank also noted that the current structure of the group may be subject to changes as the divestment process proceeds. As of the latest market close, EVT’s shares have risen 22.1% year‑to‑date. The article, published on 25‑08‑2026, was generated with AI support and reviewed by an editor.