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Growthpoint Lifts FY25 FFO Guidance, Boosts Logistics Footprint with $40M Buy
3:00am on Monday 2nd of June, 2025 AEST
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Real Estate
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Growthpoint Lifts FY25 FFO Guidance, Boosts Logistics Footprint with $40M Buy
3:00am on Monday 2nd of June, 2025 AEST
Key Points
FY25 FFO guidance increased to no less than 23.0 cents per security
Acquisition of $40 million industrial asset in Stapylton, Queensland
Direct portfolio maintains strong WALE of 5.8 years and 94% occupancy
Office occupancy rises to 93%, industrial steady at 98%
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Growthpoint Properties Australia (ASX:GOZ)
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