Arena REIT FY2026 Results Presentation
Key points
- Operating earnings per security (EPS) increased by 5.7% to 19.60 cents
- Net operating profit rose 8% to $79 million
- Portfolio occupancy maintained at 100%
- FY2026 like-for-like rental growth of 4.0%
- Completed 11 ELC development projects
Full summary
Arena REIT's FY2026 results presentation highlights an increase in operating earnings per security (EPS) by 5.7% to 19.60 cents, a rise in net operating profit by 8% to $79 million, and maintained 100% portfolio occupancy. The portfolio achieved a like-for-like rental growth of 4.0%, and 11 Early Learning Centre (ELC) development projects were completed. The portfolio's weighted average like-for-like rental increase was 4.0%, and average market rent reviews increased by 7.6%. The number of projects in the ELC development pipeline stood at 29. The company divested 11 assets to improve portfolio quality, raising $53.5 million. Capital was deployed into acquisitions and developments amounting to $161 million. The portfolio's weighted average passing yield was 5.56%, and the weighted average lease term (WALE) was 17.5 years.
Guidance
FY2026 EPS increased by 5.7% to 19.60 cents
Outlook
The company aims to continue delivering growth in operating earnings per security, net operating profit, and portfolio occupancy while maintaining a disciplined approach to acquisitions and divestments.
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