LDR Capital Property Fund Earnings Call Transcripts
Fiscal Year 2025
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FY 2025 delivered strong leasing, high occupancy, and resilient income, with FFO up 6.8% year-over-year and a 12.1% yield. The balance sheet was strengthened, key assets repositioned, and the Board recommended rejecting a takeover offer. FY 2026 guidance targets continued leasing success and disciplined capital management.
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Strong H1 FY25 results with 97.7% occupancy, 2.5% FFO growth, and stabilizing asset values. Distribution and FFO guidance reaffirmed, with robust leasing momentum and a strengthened balance sheet following a successful equity raise.
Fiscal Year 2024
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Strong operational results with high occupancy and rental growth offset a 7.8% portfolio valuation decline due to rising cap rates. FY 2025 guidance targets stable income, FFO of AUD 0.093–0.098 per security, and a distribution of AUD 0.075 per unit.