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Growthpoint Properties Australia ( (AU:GOZ) ) has shared an announcement.
Growthpoint Properties Australia reported its financial results for the first half of 2025, showcasing momentum in its funds management business and strategic capital initiatives. The company managed to add $288 million in new assets under management, reduced gearing, and maintained a strong occupancy rate of 94% with a 6.0-year weighted average lease expiry. Despite a statutory net loss due to devaluations, the company reaffirmed its full-year guidance and highlighted significant operational achievements such as the expansion of the Perth Regional Distribution Centre and establishment of new partnerships. Growthpoint’s sustainability efforts continued to show progress, with improvements in its GRESB score and increased GreenPower coverage, aligning with its Net Zero target for 2025.
More about Growthpoint Properties Australia
Growthpoint Properties Australia operates in the real estate investment sector, focusing on managing and investing in office and industrial properties. The company engages in strategic capital initiatives to enhance its portfolio and maintain a strong presence in the Australian real estate market.
YTD Price Performance: 3.36%
Average Trading Volume: 499,928
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.86B
For a thorough assessment of GOZ stock, go to TipRanks’ Stock Analysis page.
