Growthpoint changes board as analysts set AUD 2.60 target for Growthpoint stock

Published on 10/13/2026 at 06:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 profit reached AUD 90.1 million after a AUD 124.6 million loss year earlier. Growthpoint stock was last at EUR 1.19 on October 12, 2026.

Key points in brief

Growthpoint announced board changes and an annual general meeting for November 11, 2026.
A published analyst view cited a AUD 2.60 price target for Growthpoint Properties Australia.
Fiscal 2026 revenue was AUD 331.2 million and funds from operations reached AUD 177.6 million.
The last Lang & Schwarz quote was EUR 1.19 on October 12, 2026, while the ASX quote was AUD 1.92 on October 13, 2026.

Growthpoint, AU000000GOZ8, Illustration mit AI erstellt.

Growthpoint Properties Australia announced board changes on October 11, 2026, while a published analyst view cited a AUD 2.60 target for Growthpoint stock. The company also set its annual general meeting for November 11, 2026, giving investors a defined governance date.

Three dated events shape the story

On August 17, 2026, Growthpoint released fiscal 2026 results for the year ended June 30. Kapitales Research reported revenue and other ordinary income of AUD 331.2 million, compared with AUD 331.3 million in fiscal 2025.

On September 30, 2026, 150,085 long-term incentive performance rights lapsed. The Globe and Mail said the rights had failed to meet or become incapable of meeting their conditions.

On October 11, 2026, Growthpoint published its annual general meeting notice and board update on its investor center. The sequence moves from operational results to incentive-plan changes and then to governance.

What does the turnaround mean?

Fiscal 2026 statutory net profit attributable to securityholders reached AUD 90.1 million, reversing the AUD 124.6 million loss recorded in fiscal 2025, according to Kapitales Research.

Funds from operations increased 0.9 percent to AUD 177.6 million, or AUD 0.235 per security, while ordinary distributions were AUD 0.184 per security. Gearing increased to 41.6 percent from 39.7 percent, keeping leverage inside the company target range of 35 percent to 45 percent.

The published analyst view adds a valuation reference: the most recent rating was Buy with a AUD 2.60 target, as reported by The Globe and Mail. That target is an Australian-dollar valuation reference and is separate from the euro quotation below.

Dates investors can track

Growthpoint's annual general meeting is scheduled for November 11, 2026, according to the company's October 11 investor announcement. The board changes therefore arrive alongside a concrete meeting date, while fiscal 2026 distributions provide an income reference of AUD 0.184 per security.

Euro quote and ASX context

The ASX quote was AUD 1.92 at 3:26 p.m. AEDT on October 13, 2026, and the market capitalization was AUD 1.4 billion. The last Lang & Schwarz quote was EUR 1.19 on October 12, 2026 at 10:59 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Growthpoint stock.