• Delivered on guidance and executed on new strategic priorities
• Generated like-for-like property FFO growth of 2.0% in office and 6.0% in industrial portfolios
• Reached Net Zero Target on 1 July 2025 and achieved GRESB score of 85/100

Growthpoint Properties Australia reported its FY25 results, delivering on guidance and executing on new strategic priorities. The company generated like-for-like property FFO growth of 2.0% in the office portfolio and 6.0% in the industrial portfolio, completed significant leasing, maintained high occupancy, and generated $335 million of cash proceeds from asset recycling. Growthpoint reached its Net Zero Target on 1 July 2025 and achieved a GRESB score of 85/100, outperforming its peer average of 76/100. The company also expanded its funds management platform, launching the $198 million Growthpoint Australia Logistics Partnership (GALP) and the $90 million Growthpoint Canberra Office Trust (GCOT), and increasing funds management revenue by 20.0%. Growthpoint's direct property portfolio remained high-quality, with 94% occupancy and a WALE of 5.6 years.

Growthpoint Properties Australia reported FY25 FFO of 23.3 cents per security, within its initial guidance range of 22.3-23.1 cents per security and exceeding its updated guidance of no less than 23.0 cents per security.