Latest Property Trusts News

National Storage REIT has been acquired by a Brookfield-GIC consortium, with all stapled securities bought at $2.80 each and key board changes implemented. The company is set to delist from the ASX following the transaction.

The Supreme Court of New South Wales has given the green light to the acquisition of National Storage REIT by a Brookfield-GIC consortium, marking a key milestone in a $6.7 billion transaction. Trading in NSR securities will halt as the deal moves toward completion in early May.

Garda Property Group has announced an on-market buy-back of up to 21 million securities starting in April 2026, continuing its capital management strategy without requiring shareholder approval.

Ironbark Balanced Income Limited reported a solid half-year profit increase of 14.6%, driven by strong portfolio returns and a strategic shift to quarterly dividends. The company declared a fully franked interim dividend of 1.3 cents per share payable in March 2026.

GDI Property Group reported a robust 29.1% increase in Funds From Operations for the half year ended December 2025, underpinned by strategic property sales and strong leasing performance.

The GPT Group has reported a remarkable financial turnaround for FY2025, posting a 264% increase in total revenues and declaring a 12 cent distribution per stapled security. This strong performance signals renewed confidence in the property trust’s operational strategy.

Region Group has reported a solid half-year financial performance ending December 2025, with increased revenue, net profit, and distributions, backed by an unqualified auditor review.

Iris Cairns Property Trust has confirmed new funding arrangements and plans to extend its takeover offer period for Reef Casino Trust, navigating regulatory hurdles and reassuring investors of its financial backing.

Abacus Storage King has initiated early-stage discussions to internalise its management functions, potentially reshaping its governance and operational control. The move could see new leadership appointments if the deal proceeds.

BWP Group has updated its dividend announcement, confirming an estimated unfranked dividend of 9.58 cents per security for the half-year ending December 2025, alongside details of its dividend reinvestment plan pricing.

Stockland has announced an estimated 9.0 cents per security distribution for the first half of FY26, alongside a 1% discount on reinvested dividends through its Distribution Reinvestment Plan.

Dexus reports a modest $83 million uplift in portfolio valuation driven by rental growth, alongside an estimated 19.3 cents per security distribution for H2 2025.