Key Highlights

• REP’s $218.6 million sale of five retail Assets is now unconditional, with settlement expected in Q2 FY27 and post-completion gearing reducing to 16.8%.
• Like-for-like recurring property income increased 4.4% to $37.9 million from $36.3 million, reflecting positive leasing spreads and stable portfolio occupancy.
• Funds From Operations for the period fell to $14.7 million from $24.5 million in FY25, reflecting asset disposals, one-off income recognised in FY25, and other non-recurring items.
• The Fund reported Net Tangible Assets of $0.71 per security as at 30 June 2026 and is forecasting FY27 distributions per unit of between 3.6 and 3.8 cents, a Yield of 8.5% to…