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How Garda’s $191M Asset Sales Slash Gearing and Boost FY26 Distributions
2:30pm on Wednesday 30th of July, 2025 AEST
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Real Estate
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How Garda’s $191M Asset Sales Slash Gearing and Boost FY26 Distributions
2:30pm on Wednesday 30th of July, 2025 AEST
Key Points
Asset sales of North Lakes and Cairns properties to reduce gearing from 42.7% to 14.7%
Industrial portfolio valued at $522 million with a 5.86% cap rate
Increased lending activities with $44 million deployed, contributing 23% of FY25 revenue
FY26 distribution guidance raised by 11% to 8.0 cents per security, yielding 6.3%
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