• Delivered FFO of $91.9 million and statutory net profit of $62.6 million
• Executed substantial leasing, increasing office occupancy to 94% and maintaining high industrial occupancy of 98%
• Created $124.9 million of new assets under management across new funds

Growthpoint Properties Australia (Growthpoint) has announced its financial results for the six months ended 31 December 2025 (1H26), delivering funds from operations (FFO) of $91.9 million and statutory net profit of $62.6 million. The company has updated its FY26 FFO guidance to 23.0 - 23.6 cents per security (cps) from the previous 22.8 - 23.6 cps, following significant leasing in 1H26. Growthpoint's CEO and Managing Director, Ross Lees, said the company's dedication to actively managing high-quality assets and its customer-focused team have delivered substantial leasing volumes. In the direct portfolio, Growthpoint is on track for record full-year office leasing, with office occupancy increasing to 94% over the half. The industrial portfolio continues to underpin income-driven returns, with 62,566 square metres of leasing and 98% occupancy. Growthpoint has also created $124.9 million of new assets under management (AUM) across the Growthpoint Macquarie Park Trust (GMPT) and Growthpoint Australia Logistics Partnership (GALP), while delivering liquidity for fund investors through $140.0 million of AUM divestments in the half, and a further $172.8 million settled in January 2026. The company has maintained its distribution guidance of 18.4 cps for FY26. Looking ahead, Growthpoint expects to see continued improvement in office markets, while industrial markets continue to demonstrate sustained demand, generating income-driven returns. The company's priorities for FY26 remain focused on delivering record office leasing across current vacancies and upcoming expiries.

Growthpoint updates FY26 FFO guidance to 23.0 - 23.6 cps from 22.8 - 23.6 cps following significant leasing in 1H26 and maintains distribution guidance of 18.4 cps.

While the macroeconomic environment remains challenging in the short term, and interest rate uncertainty is ongoing, strong inbound migration along with a tight labour market is expected to underpin long-term demand for office, industrial and retail space. Furthermore, supply across all three of these sectors is expected to remain well below historic averages, supporting rental growth and asset values.