Latest Garda Property (ASX:GDF) News

Garda Property Group has upgraded its FY26 earnings guidance by 10%, reduced gearing to 20.8%, and outlined ambitious plans to expand its Brisbane industrial portfolio and lending operations.

Garda Property Group reported a 16% rise in revenue and a 20% increase in funds from operations for the first half of 2026, while net profit after tax fell by nearly 24%. The group declared a steady interim distribution of 4 cents per security.

Garda Property Group has completed the $113.6 million sale of its North Lakes industrial site, sharply reducing debt and focusing its portfolio exclusively on Brisbane industrial assets. The group also secured a three-year extension on its debt facility with improved pricing, positioning itself for selective growth in private lending.

Garda Property Group is set to settle the sale of its North Lakes industrial property, freeing up $113.6 million to reduce debt and pursue new investments.

Garda Property Group has announced its distribution components for the year ending June 2026, highlighting key tax elements and a total cash payout scheduled for mid-October.

Garda Property Group has announced a quarterly distribution of AUD 0.02 per security for the period ending September 30, 2025, incorporating a notable non-cash capital gain component from a recent asset sale.

Garda Property Group’s FY25 results reveal a strategic pivot with significant asset sales and a sharp reduction in gearing, setting the stage for an 11% rise in distributions in FY26.

Garda Property Group reported a 4.3% rise in revenue and a significant reduction in losses for FY25, alongside a modest decline in net tangible assets per security. Investors welcomed the return of dividends after a year without payouts.

Garda Property Group has entered a call option agreement with Halpin Property Group to sell its Cairns Corporate Tower for $77.5 million, slightly above valuation, aiming to reduce debt and sharpen its asset focus.

Garda Property Group has announced the taxable components of its distribution for the year ending 30 June 2025, outlining fund payments and capital gains attributed to investors. The distribution is scheduled for payment on 16 July 2025, with further tax details to follow in the annual statement.

Garda Property Group has reported a modest increase in the valuation of its industrial property portfolio, lifting the total to over $521 million ahead of its FY25 annual report.

Garda Property Group has announced a quarterly distribution of AUD 0.018 per security, combining an ordinary and a special fully franked dividend, reflecting strong capital outcomes from FY24.