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Desane positions Penrith and Petbarn projects for its next earnings phase

8:30am on Thursday 5th of November, 2026 AEDT • Real Estate
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Desane positions Penrith and Petbarn projects for its next earnings phase

8:30am on Thursday 5th of November, 2026 AEDT
Key Points
  • FY26 statutory profit fell to $0.02 million as revaluation gains declined and costs rose
  • $105.9 million in total assets and $1.69 net tangible assets per security
  • Penrith project targets construction before Christmas 2026 with 44 industrial units
  • 322 Norton Street Petbarn redevelopment targets completion before December 2026
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