FY25 Results Presentation

• Highly attractive 7.6% FY26 forecast 100% tax deferred distribution yield
• Strong tenant and income profile with 93.4% occupancy and 6.4 year WALE
• Sustainable and unique capital structure with 35.5% gearing and $5.0m in franking credits

360 Capital REIT (ASX:TOT) has presented its FY25 results, showcasing a highly attractive investment proposition. The REIT forecasts a 7.6% FY26 100% tax deferred distribution yield, underpinned by a strong tenant and income profile with 93.4% occupancy and a 6.4 year weighted average lease expiry. The portfolio consists of modern, well-leased assets with an average 4.8 Star NABERS rating. 360 Capital REIT has a sustainable and unique capital structure, with 35.5% gearing and a $5.0 million franking credit balance, providing securityholders with fully franked distributions and tax deferment benefits. The REIT is well-capitalised with no legacy issues, allowing it to diversify and grow its asset base in a responsible and disciplined manner. Key highlights include a 25% forecast increase in FY26 earnings per security, a trading discount to NTA of 31.9%, and plans to complete leasing of remaining vacancies, maintain gearing within the target range, and explore opportunities to enhance earnings and distributions to drive the ASX trading price and NTA.

FY26 forecast earnings of 3.0 cents per security (FFO), up 25% on FY25, and FY26 forecast distribution guidance of 3.0 cents per security, which is expected to be 100% tax deferred.

360 Capital REIT is focused on completing leasing of remaining vacancies, maintaining gearing within the 30-40% target range, and exploring opportunities to improve trading performance and enhance earnings and distributions to drive the ASX trading price and NTA.