Latest CARINDALE PROPERTY TRUST (ASX:CDP) News

Carindale Property Trust reported a strong half-year result with revenue rising 6.5% and net profit surging 58%, supported by robust leasing and a higher property valuation. Distributions increased, reflecting confidence in ongoing income growth.

Carindale Property Trust reported a solid 7.8% increase in funds from operations for FY25, supported by near-full occupancy and rising retail sales at Westfield Carindale. Distributions grew 5%, aligning with guidance.

Carindale Property Trust reported a solid 6.4% increase in revenue to $61.6 million and a significant jump in net profit to $39.2 million for the year ended 30 June 2025, underpinned by strong property valuations and operational performance.