Latest Real Estate Investment Trusts News

Growthpoint Properties Australia has raised its FY25 funds from operations guidance and expanded its logistics portfolio with a $40 million industrial asset acquisition in Queensland, signaling strong operational momentum.

Global Data Centre Group updates its distribution guidance following the AirTrunk divestment, factoring in operational costs and risk reserves that temper immediate payouts.

US Masters Residential Property Group has amended its loan agreement with Global Atlantic, significantly lowering its Tangible Net Worth covenant to align with a strategic sales-driven reduction in debt.

Centuria Capital No. 2 Fund’s latest quarterly report confirms full compliance with note terms and stable financial arrangements, reassuring investors of its secure position.

DEXUS has confirmed a final distribution of AUD 0.19 per security for the six months ending December 31, 2024, payable on February 28, 2025. The distribution is fully unfranked, marking a clear update for investors.

Dexus (ASX: DXS) reports a statutory net profit of $10.3 million for the half-year ending December 2024, rebounding from a significant loss last year, while navigating challenges from higher interest rates and lower trading profits.

GPT Group has confirmed a fully unfranked ordinary dividend of AUD 0.12 per security for the six months ending December 2024, payable on February 28, 2025.

The GPT Group reported a strong 38.4% increase in total revenues for 2024 but posted a net loss after tax of $200.7 million. Despite this, the property trust declared a 12.00 cent distribution per stapled security, signaling confidence in its underlying operations.

Qualitas Real Estate Income Fund has updated its dividend announcement, confirming an ordinary distribution of AUD 0.011273 per security payable on February 17, 2025.

Abacus Storage King reported a modest 1.1% increase in statutory profit for HY25, underpinned by resilient operating metrics and a robust balance sheet. The company’s multi-pronged growth strategy, including acquisitions and a substantial development pipeline, supports a confident outlook with reaffirmed distribution guidance.

Abacus Storage King (ASK) reported a robust half-year performance for HY25, with net profit soaring to $67.8 million and key operating metrics showing solid growth. The company’s strategic acquisitions, development pipeline, and platform initiatives underpin its confident outlook.

Abacus Storage King reported a striking turnaround with a $67.8 million net profit for H1 2024, up from just $0.4 million a year earlier, alongside a raised interim distribution reflecting robust growth in the self-storage sector.