Growthpoint Properties Australia FY26 Results
Key points
- FY26 FFO: 23.5 cps, up 0.9% YoY
- Ordinary distributions: 18.4 cps, payout ratio of 78.2%
- Achieved Net Zero Target by 1 July 2025
- Strong portfolio occupancy at 96%
- FY26 new AUM: $124.9m
Full summary
Growthpoint Properties Australia (ASX: GOZ) reported FY26 results with Funds from Operations (FFO) of 23.5 cps, up 0.9% year-on-year. Ordinary distributions were 18.4 cps with a payout ratio of 78.2%. The company achieved its Net Zero Target by 1 July 2025, maintained strong environmental ratings, and reported a total securityholder return of 1.0%. Portfolio occupancy was 96%, with the directly held office portfolio occupancy at 95% and the industrial portfolio at 98%. New assets under management (AUM) reached $124.9 million, and the company completed $331.0 million of divestments. The company also strengthened its leadership team and improved employee engagement scores.
Guidance
FY27 FFO guidance: 22.6 - 23.5 cps
Outlook
Growthpoint remains focused on disciplined strategic execution, capital management, and sustainable growth, despite macroeconomic volatility and rising interest rates.
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