Growthpoint Properties Australia stock reports FY26 profit return

Published on 10/07/2026 at 02:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Growthpoint Properties Australia stock is trading at AUD 1.91 on October 7, 2026, as FY26 profit returns. FFO rose 0.9 percent to AUD 177.6 million.

Growthpoint, AU000000GOZ8, Illustration mit AI erstellt.

Growthpoint Properties Australia (ISIN AU000000GOZ8) was trading at AUD 1.91 on the ASX on October 7, 2026, while its FY26 results showed a return to statutory profitability. According to Kapitales Research on September 25, 2026, net profit attributable to securityholders reached AUD 90.1 million for the year ended June 30, 2026, compared with a loss of AUD 124.6 million in FY25.

Profit returns in FY26

Growthpoint's revenue and other ordinary income totaled AUD 331.2 million in FY26, compared with AUD 331.3 million in FY25, according to Kapitales Research. Funds from operations increased 0.9 percent to AUD 177.6 million, equal to 23.5 cents per security, while ordinary distributions were 18.4 cents per security.

The operating comparison is mixed rather than one-directional. Direct portfolio occupancy reached 96 percent, and the weighted average lease expiry stood at 6.1 years, but the FY27 outlook points to FFO of 22.6-23.5 cents per security.

Leasing supports the portfolio

Office occupancy improved to 95 percent from 92 percent during FY26 after 81,022 square meters of office leasing activity, while industrial occupancy remained at 98 percent, Kapitales Research reported. The funds management platform added AUD 124.9 million of assets under management and raised AUD 33.9 million in gross equity.

Capital structure remains an important counterweight. Gearing increased to 41.6 percent from 39.7 percent, although it stayed inside Growthpoint's stated 35 percent to 45 percent target range, and the company refinanced AUD 495 million of debt during FY26.

Stock stays below yearly high

The ASX quote puts Growthpoint's 52-week range at AUD 1.83 to AUD 2.68, with market capitalization at AUD 1.4 billion and volume at 141,650 shares on October 7, 2026. The current price is AUD 0.77 below the yearly high, leaving the FY27 distribution outlook as the key income measure for investors.