Latest Retail Property News

Vicinity Centres lifted its FY26 net profit after tax by 38.5% to $1.39 billion, supported by a 2.9% revenue increase and a 3.9% rise in funds from operations. The retail property trust declared a final unfranked distribution of 6.20 cents per stapled security, continuing its steady payout policy.

Region Group (ASX: RGN) delivered solid FY26 results with a 3.2% increase in Funds From Operations per security, a 9.8% total security holder return, and a leadership change as Greg Chubb took the helm as CEO.

Dexus Convenience Retail REIT (ASX:DXC) delivered FY26 distributions of 20.9 cents per security, matching guidance amid resilient income growth and portfolio enhancement.

RAM Essential Services Property Fund (ASX: REP) has agreed to sell five retail properties to an institutional investor-backed fund, retaining a 10% stake and realising $218.6 million in value. The move reduces REP’s gearing to around 16% and rebalances its portfolio to 74% healthcare exposure.

Waypoint REIT's half-year valuation shows a small 0.4% lift in portfolio value and a 0.7% increase in net tangible assets per security to $2.92, with capitalisation rates softening slightly.

Dexus Convenience Retail REIT reports a 1.1% net valuation uplift for H1 2026 and increases its on-market buy-back target to 5% of securities, signalling confidence in its portfolio and capital management.

HomeCo Daily Needs REIT has recorded a $92 million gross valuation increase driven by net operating income growth, maintaining strong operational metrics and reaffirming its FY26 distribution and FFO guidance.

The GPT Wholesale Shopping Centre Fund is set to deepen its retail property exposure with a $1.2 billion acquisition of interests in two major super-regional shopping centres, Sunshine Plaza and Macarthur Square. This move leverages recent capital raises and underlines GPT's strategy to scale through partnerships.

After 11 years on the board, including seven as Chairman, Trevor Gerber will retire at Vicinity Centres’ 2026 AGM, with Patrick Allaway appointed Chairman-elect to succeed him.

Dexus Convenience Retail REIT has agreed to sell three convenience retail assets for $8 million, achieving a 1.4% premium to book value, with proceeds earmarked for its on-market buy-back program.

Vicinity Centres has secured Eastern Creek Quarter, a hybrid retail hub in Western Sydney, for $400 million, boosting its metropolitan Sydney presence and outlet network.

Vicinity Centres delivered a resilient 3Q FY26 with high occupancy, strong retail sales growth, and a $654 million capital raise through long-dated debt issuances, reaffirming its FY26 earnings guidance at the top end.