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Shopping Centres Australasia Property Group RE ( (AU:RGN) ) just unveiled an announcement.
Region Group announced strong financial results for FY25, with a statutory net profit after tax of $212.5 million and an increase in assets under management to $5.2 billion. The company reported a distribution of 13.7 cents per security, maintaining a payout ratio of 88% of FFO and 100% of AFFO. Operationally, the company achieved a portfolio occupancy of 97.5% and completed significant leasing deals, while also advancing sustainability initiatives with solar PV installations. The acquisition of Kallo Town Centre and the disposal of non-core assets highlight Region Group’s strategy of curating its portfolio. Looking forward, the company aims to deliver resilient cashflows and growth in funds under management, with a focus on strategic acquisitions, leasing improvements, and capital management.
The most recent analyst rating on (AU:RGN) stock is a Hold with a A$2.44 price target. To see the full list of analyst forecasts on Shopping Centres Australasia Property Group RE stock, see the AU:RGN Stock Forecast page.
More about Shopping Centres Australasia Property Group RE
Region Group is a property management company operating in the retail sector, focusing on shopping centers and retail properties. The company manages a diverse portfolio, including acquisitions and disposals of retail centers, and emphasizes sustainability and value creation through strategic investments and partnerships.
YTD Price Performance: 18.64%
Average Trading Volume: 3,264,964
Technical Sentiment Signal: Buy
Current Market Cap: A$2.76B
For detailed information about RGN stock, go to TipRanks’ Stock Analysis page.