middle.news
Why Garda Property Raised FY25 Earnings Forecast by 12% Ahead of North Lakes Sale
2:26am on Monday 2nd of June, 2025 AEST
•
Real Estate
Read Story
Why Garda Property Raised FY25 Earnings Forecast by 12% Ahead of North Lakes Sale
2:26am on Monday 2nd of June, 2025 AEST
Key Points
FY25 Funds from Operations guidance increased to $15.0 million, up 12%
Distributions maintained at 6.3 cents per security plus a fully franked special dividend
North Lakes sale settlement expected in August 2025 with $113 million proceeds
Pro-forma gearing to reduce to approximately 28% post-settlement
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Garda Property (ASX:GDF)
OPEN ARTICLE