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Coast Entertainment Holdings Limited (ASX:CEH)

ALERT: Price-sensitive ASX Announcement for CEH
Current share price for CEH : $0.465 -0.075 (-13.89%)+
Announcement
Release
13 Aug 2026 9:53AM
Price at Release
$0.540
Full Release
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Summary
Coast Entertainment Holdings Limited announced updated valuations for Dreamworld and SkyPoint properties following the approval of a preliminary development application for expansion. The valuation of Dreamworld, including land, buildings, and attractions, is set at $295.9 million, reflecting a $52.0 million increase due to surplus landholdings, and a potential further $38.5 million increase contingent on car park area redevelopment. SkyPoint, assessed as of 30 June 2026, has a fair value of $51.7 million, marking a $14.7 million rise since December 2023. These valuations, conducted by CBRE Valuations Pty Limited, are reported on a gross basis, excluding transaction and development-related costs.
Key Points
  • Updated Dreamworld valuation at $295.9 million.
  • Immediate $52.0 million uplift due to surplus landholdings.
  • Potential $38.5 million further uplift pending car park redevelopment.
  • SkyPoint valuation increased to $51.7 million as of 30 June 2026.
  • Valuations conducted by CBRE Valuations Pty Limited.
  • Excludes transaction and specific development costs.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.