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Garda Property Group Upgrades FY26 FFO and DPS Guidance

Garda Property Group (ASX: GDF) has upgraded its FY26 Funds From Operations (FFO) guidance to 10.0 cents per security, reflecting a 10% increase from prior guidance. The company also raised its distribution per security (DPS) guidance to 8.5 cents, representing a 6.25% increase. Garda’s FFO payout ratio is forecast at 85%, with a 12.5% increase in quarterly distributions, moving from 2.0 cents per quarter to 2.25 cents for the second half of FY26. The upgrade comes amid strong leasing activity and asset sales, including AU$77.5 million from the Cairns office sale and AU$113.6 million from the North Lakes sale, both of which were used for debt reduction. With gearing now at 20.8%, Garda is positioned for strong growth and operational stability through FY27 and FY28.

 

 

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