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Desane’s cash buffer meets its next property test

3:25pm on Tuesday 29th of September, 2026 AEST • Property
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Desane’s cash buffer meets its next property test

3:25pm on Tuesday 29th of September, 2026 AEST
Key Points
  • FY26 NPAT fell to $21,000 from $3.32 million
  • Cash rose to $9.3 million while borrowings reached $13.9 million
  • 44-unit Penrith industrial project moves towards construction
  • Petbarn redevelopment at 322 Norton Street targets delivery in Q4 2026
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