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Why Is Carindale Property Trust’s Profit Surging 58% This Half-Year?

9:14am on Tuesday 24th of February, 2026 AEDT Real Estate
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Why Is Carindale Property Trust’s Profit Surging 58% This Half-Year?

9:14am on Tuesday 24th of February, 2026 AEDT
Key Points
  • Revenue increased 6.5% to $32.2 million
  • Net profit surged 58.4% to $30.2 million including $12.2 million valuation gain
  • Funds from operations up 11.2% to $16.2 million
  • Distribution raised to 14.9415 cents per unit, payable February 2026
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