Groups

HealthCo Healthcare & Wellness REIT released its results for the full-year ended 30 June 2022 delivering in excess of its IPO PDS forecasts but flagging a buy intention to avoid the REIT trading at a discount to NTA.

Mirvac Group released its full-year result for the financial year ended 30 June 2022, delivering a strong result ahead of guidance, with a statutory profit of $906m and operating profit of $596m, representing 15.1 cents per stapled security (cpss), up 8% on prior year.

Arena REIT has announced a net operating profit for financial year 2022 of $56 million, an increase of 8.4% on the prior year

Barings, one of the world's leading investment managers, today announced the signing of a share sale agreement to acquire 100% of Altis Property Partners

Australasian real estate fund manager, Centuria Capital Group, has credited the diversification of its platform to delivering strong FY22 full year results, meeting operating earnings per security (OEPS) guidance of 14.5cps (+20.8% pcp)

A delay in deploying capital and the departure of a major tenant at Rhodes Corporate Park has dragged the performance of the Dexus Industria REIT with earnings per security down 7.2% in FY22.

Charter Hall's Long WALE REIT has enjoyed strong rental growth in FY22 but has lowered guidance as rates increase.

The Dexus Convenience Retail REIT has continued to experience cap rate compression, boosting statutory profits by 11.9% while solid rental growth and acquisitions support 5.5% higher distributions.

Centuria Industrial REIT (ASX: CIP), Australia’s largest listed pure-play industrial REIT, today announced strong year end FY22 results, which delivered on upgraded Funds from Operation (FFO) guidance of 18.2 cents per unit (cpu), and distribution guidance of 17.3cpu.

Multi-billion-dollar developer GURNER™ and leading Australian alternative real estate investment manager Qualitas have submitted plans for their first Build to Rent development in Sydney, at 12 Hassall Street Parramatta, that will add $450million to their rapidly expanding GQ BTR portfolio.

Charter Hall has committed to the major redevelopment of Bankwest Place due for completion in 2025.

Charter Hall has signed a significant Power Purchase Agreement (PPA) with global renewal energy giant ENGIE Australia & New Zealand, to supply 100 per cent electricity from renewable sources across the Group’s property portfolios, over seven years.

Charter Hall Retail REIT will expand its Long WALE Convenience Retail portfolio with the acquisition of a portfolio of 18 Gull service stations in New Zealand.

Growthpoint Properties Australia will acquire the Fortius Funds Management business in a $45m transaction which will add $1.9bn of funds under management to Growthpoint.

Centuria Office REIT has provided positive year end 2022 results having navigated through COVID impacts, rising inflation and subsequent interest rates increases.