Growthpoint Properties Australia

GOZ.ASX

Real Estate

Investing in Australian commercial real estate

Market Data

Price

$2.190

+0.0%
Market Cap

$1.6B

P/E Ratio

46.4x

EPS

$0.047

Div. Yield

8.36%

52-Week Change

-0.1%

Latest Earnings

GOZ 1H26 Appendix 4D and Interim Report

25 February 2026

Revenue
$169.10
+0.7% YoY
NPAT
$91.90
+3.5% YoY
EPS
$0.08
Dividend
$0.09

Growthpoint Properties Australia reported funds from operations (FFO) of $91.9 million (12.2 cents per security), up 3.5% from the prior corresponding period, driven by strong leasing outcomes including 30,068 sqm of office leasing and maintaining 98% industrial occupancy. The company paid an interim distribution of 9.2 cents per security and updated FY26 FFO guidance to 23.0-23.6 cents per security, while maintaining distribution guidance of 18.4 cents per security. Key points: FFO of $91.9M (12.2 cps) up 3.5%, driven by strong leasing outcomes; Completed 30,068 sqm of office leasing with 5.6 year average lease term, increasing occupancy to 94%; Maintained high industrial occupancy of 98% with 62,566 sqm of leasing completed

Recent Announcements

25 Feb 2026 Actual Results Positive

GOZ 1H26 Appendix 4D and Interim Report

Growthpoint Properties Australia reported funds from operations (FFO) of $91.9 million (12.2 cents per security), up 3.5% from the prior corresponding period, driven by strong leasing outcomes including 30,068 sqm of office leasing and maintaining 98% industrial occupancy. The company paid an interim distribution of 9.2 cents per security and updated FY26 FFO guidance to 23.0-23.6 cents per security, while maintaining distribution guidance of 18.4 cents per security. Key points: FFO of $91.9M (12.2 cps) up 3.5%, driven by strong leasing outcomes; Completed 30,068 sqm of office leasing with 5.6 year average lease term, increasing occupancy to 94%; Maintained high industrial occupancy of 98% with 62,566 sqm of leasing completed

7 Feb 2026 Date Announcement Neutral

Earnings Release - 25 February 2026

Upcoming earnings release expected 25 February 2026 (from Yahoo Finance (confirmed))

14 Aug 2025 Actual Results Positive

GOZ FY25 Appendix 4E and Annual Report

Growthpoint delivered FY25 Funds From Operations (FFO) of 23.3 cents per security, slightly below prior year (23.9 cps) due to divested assets, though beating both initial and updated guidance. The company reported a statutory net loss of $124.6m (vs. $298.2m loss in FY24) and maintained strong portfolio occupancy at 94%, while successfully executing $335m of asset recycling, reducing gearing to 39.7%, and achieving Net Zero Target status. Ordinary distributions of 18.2 cps were in line with guidance representing a 78% payout ratio, with additional one-off distribution of 2.1 cps. Key points: FFO of 23.3 cps beat both initial guidance (22.3-23.1 cps) and updated guidance (no less than 23.0 cps); Achieved Net Zero Target on 1 July 2025 across directly managed, operationally controlled office assets and corporate activities; Successfully executed $335m asset recycling while maintaining asset valuations at book values, reducing gearing to 39.7%

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