Carindale Property Trust

CDP.ASX

Real Estate

The Trust owns a 50% interest in Westfield Carindale, located in the suburb of Carindale in Brisbane. The Trust is an externally managed entity. The responsible entity of the Trust, Scentre Management Limited, is a member of Scentre Group.

Market Data

Price

$5.420

+0.0%
Market Cap

$446.8M

P/E Ratio

8.9x

EPS

$0.610

Div. Yield

5.40%

52-Week Change

+0.0%

Latest Earnings

Appendix 4D & Half-Year Report

24 February 2026

Revenue
$32.23
+6.5% YoY
NPAT
$30.24
+58.4% YoY
EPS
$0.37
Dividend
$0.15

Carindale Property Trust reported solid half-year results with revenue growing 6.5% to $32.2M and property revaluations adding $12.2M to profits. The Trust increased its distribution to 14.94 cents per unit, up from 14.23 cents in the prior period, representing distribution growth of 5.0% for the full year to 29.88 cents per unit. Key points: Property revenue increased 6.5% to $32.2M driven by solid retail demand; Net property income grew 7.5% to $23.0M with occupancy at 99.9%; Funds from operations (FFO) increased 11.2% to $16.2M

Recent Announcements

24 Feb 2026 Actual Results Positive

Appendix 4D & Half-Year Report

Carindale Property Trust reported solid half-year results with revenue growing 6.5% to $32.2M and property revaluations adding $12.2M to profits. The Trust increased its distribution to 14.94 cents per unit, up from 14.23 cents in the prior period, representing distribution growth of 5.0% for the full year to 29.88 cents per unit. Key points: Property revenue increased 6.5% to $32.2M driven by solid retail demand; Net property income grew 7.5% to $23.0M with occupancy at 99.9%; Funds from operations (FFO) increased 11.2% to $16.2M

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