Latest Property Trusts News

Aspen Group lifts FY26 total distributions by 10% to 11 cents per security, marking the first time part of its payout is a fully franked dividend following a tax-paying status.

GDI Property Group has finalised the sale of the last five properties in its Autoleague Portfolio for $42.75 million, delivering total gross proceeds above $145 million and a strong 13% IRR for investors.

Stride Property Group posted a 44% jump in FY26 profit after tax to $31.3 million, driven by strategic portfolio moves, management fee growth, and sustainability progress. The group maintained an 8.0cps dividend amid a $1.4 billion diversified property portfolio and a strong balance sheet.

Abacus Storage King (ASK) is set to internalise its management by acquiring its responsible entity from Abacus Group for about $24 million, unlocking $7 million in annual cost savings and boosting funds from operations by 6%. The move, effective 30 June 2026, coincides with a rebrand to Storage King Group and new leadership appointments.

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.