• Forecast FY25 fully franked distribution yield of 7.6%
• Highly sustainable and modern portfolio with 93.3% occupancy and 6.9-year WALE
• $6.9 million in franking credits balance, providing unique tax benefits

360 Capital REIT (ASX:TOT) reported its HY25 results, showcasing a highly attractive investment proposition. The REIT forecasts a FY25 fully franked distribution yield of 7.6%, underpinned by a modern portfolio with an average building age of only 4.2 years and a 5.0 Star NABERS rating across the assets. The portfolio is 93.3% leased with a weighted average lease expiry (WALE) of 6.9 years, providing strong and sustainable cashflows. 360 Capital REIT has a unique capital structure, with a gearing of 33.6% and a $6.9 million franking credits balance, creating tax deferment benefits for securityholders. The management team is highly aligned, owning 43.8% of the REIT. The company is focused on responsible growth, with key priorities including completing the leasing of the remaining vacancy at 510 Church Street in Cremorne, maintaining gearing within the 30-40% range, and continuing to market the REIT to new investors to close the current 34.2% trading discount to NTA.

360 Capital REIT maintains its FY25 forecast fully franked distribution guidance of 3.0 cents per security, paid quarterly.

The REIT is well-positioned with a modern, high-quality portfolio, sustainable capital structure, and a responsible growth strategy. Management remains focused on leasing the remaining vacancy, maintaining disciplined capital management, and closing the trading discount to NTA to create value for securityholders.