Growthpoint Properties Australia FY26 Results
Key points
- FY26 FFO of $177.6 million, 23.5 cents per security
- Statutory net profit of $90.1 million, compared to a loss in FY25
- Occupancy increased to 96% with significant leasing activity
- FY27 FFO guidance of 22.6 - 23.5 cents per security
Full summary
Growthpoint Properties Australia (ASX: GOZ) announced its financial results for the 12 months ended 30 June 2026 (FY26), delivering funds from operations (FFO) of $177.6 million and a statutory net profit of $90.1 million. The company reported a 23.5 cents per security FFO, up from 23.3 cents in FY25. Growthpoint's Chief Executive Officer and Managing Director, Ross Lees, highlighted the achievement of record office leasing and industrial leasing, which substantially reduced near-term lease expiries and increased occupancy to 96%. The company also created $124.9 million of new assets under management (AUM) and delivered liquidity for fund investors with $331.0 million of divestments. Growthpoint provided FY27 FFO guidance of 22.6 - 23.5 cents per security, reflecting the impact of the ongoing elevated interest rate environment on earnings.
Guidance
FY27 FFO guidance of 22.6 - 23.5 cents per security
Outlook
Growthpoint remains optimistic about the medium-term outlook, supported by high occupancy, strong tenant relationships, and no debt refinancing requirements until FY28.
Summary generated by a large language model. Please interpret with care.