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Waypoint REIT Ltd. ( (AU:WPR) ) has provided an announcement.
Waypoint REIT has strengthened its leasing profile with Viva Energy Australia, as the fuel retailer has exercised ten-year options on 21 of 26 leases expiring in 2026, securing occupancy through to August 2036 and delivering a 12.3% uplift in rental income from these sites from August 2026, with further details on the remaining five leases to be provided with the FY25 results. In parallel, the REIT has executed several capital management initiatives, including extending a $100 million bilateral facility, establishing a new $70 million facility and repaying a US$78 million US private placement tranche early, which together push its next debt maturity out to March 2028 and lengthen its average debt duration to 3.8 years at year-end 2025, while it finalises December 2025 portfolio valuations to be reported once completed.
The most recent analyst rating on (AU:WPR) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Waypoint REIT Ltd. stock, see the AU:WPR Stock Forecast page.
More about Waypoint REIT Ltd.
Waypoint REIT is Australia’s largest listed real estate investment trust focused solely on fuel and convenience retail properties, operating a high-quality network of sites across all Australian states and mainland territories. The stapled entity aims to maximise long-term portfolio returns for securityholders by owning and leasing service station and convenience assets to major operators.
Average Trading Volume: 1,604,103
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.74B
Find detailed analytics on WPR stock on TipRanks’ Stock Analysis page.