TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from 360 Capital REIT ( (AU:TOT) ) is now available.
360 Capital REIT announced its financial results for the year ending June 30, 2025, highlighting a significant turnaround with a statutory profit of $1.3 million, compared to a $21.9 million loss in the previous year. The company achieved a 24.8% increase in operating profit and successfully extended its debt facility to FY28 at reduced interest costs. The REIT’s property portfolio, comprising modern assets in Melbourne, Canberra, and Brisbane, saw stabilizing values and increased occupancy rates, although challenges remain in leasing certain spaces due to economic conditions. The announcement reflects the company’s strategic efforts to enhance financial performance and operational efficiency, impacting its market positioning positively.
More about 360 Capital REIT
360 Capital REIT is a real estate investment trust that focuses on managing a diversified portfolio of office, healthcare, and high-tech industrial assets across the eastern states of Australia. The company is involved in leasing and managing properties, aiming to optimize asset values and maintain strong tenant covenants.
Average Trading Volume: 122,611
Technical Sentiment Signal: Hold
Current Market Cap: A$94.16M
For a thorough assessment of TOT stock, go to TipRanks’ Stock Analysis page.