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Growthpoint lifts profit, trims payout as it expands property platform

Story Highlights
  • Growthpoint posted higher revenue and profit, swung to net profit, and slightly increased net tangible assets while cutting its interim distribution.
  • The REIT expanded its platform via new controlled entities and a Bundamba joint venture stake, signalling continued portfolio growth with cautious capital management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Growthpoint lifts profit, trims payout as it expands property platform

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Growthpoint Properties Australia ( (AU:GOZ) ) has issued an announcement.

Growthpoint Properties Australia reported a modest 0.7% rise in revenue to $169.1 million for the six months to 31 December 2025, with funds from operations up 3.5% to $91.9 million and a swing to a $62.6 million net profit from a $98.7 million loss a year earlier. The interim distribution was reduced to $69.4 million, equivalent to 9.2 cents per security, while net tangible assets edged up to $3.10 per stapled security, and the distribution reinvestment plan remains suspended.

The group expanded its footprint by gaining control of several entities, including vehicles associated with Bundamba and Macquarie Park properties, and also took a 15% stake in Bundamba Property Trust, underscoring ongoing portfolio and capital structure optimisation. The results, reviewed by the auditor, suggest steady operational performance and cautious capital management as Growthpoint balances distributions with incremental asset growth and maintains its investment-grade credit profile.

The most recent analyst rating on (AU:GOZ) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Growthpoint Properties Australia stock, see the AU:GOZ Stock Forecast page.

More about Growthpoint Properties Australia

Growthpoint Properties Australia is an internally managed real estate investment trust focused on high-quality Australian office and industrial assets, with additional funds management activities across office, industrial and retail properties for wholesale and institutional investors. Listed on the ASX and a member of the S&P/ASX 300, the group positions itself as a sustainability-focused landlord, having reached net zero for its directly owned operationally controlled office assets and corporate activities by mid-2025.

Average Trading Volume: 523,834

Technical Sentiment Signal: Sell

Current Market Cap: A$1.71B

Learn more about GOZ stock on TipRanks’ Stock Analysis page.

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