Growthpoint Properties locks in major office leasing deals

• Growthpoint Properties Australia executed 54,721sqm of office leasing transactions to date in the 2026 financial year.
• The trust reaffirmed its full-year funds from operations guidance at 23 to 23.6 cents per security.
• Management continues to extend debt maturities and execute strategic property divestments to support its commercial portfolio.

Growthpoint Properties Australia (ASX:GOZ) has completed 54,721sqm of office leasing transactions and agreed to terms on an additional 27,602sqm so far in the 2026 financial year.

This leasing volume compares against 30,068sqm of executed office leases and 30,751sqm of agreed terms reported during the first half of the 2026 financial year.

“Our focus on delivering for tenants has sustained leasing momentum from the first half,” said Growthpoint CEO and Managing Director Ross Lees.

The commercial real estate transaction activity lifted the company's total directly held portfolio occupancy rate to 96 per cent as of May 31, which includes a weighted average lease expiry of 5.7 years.

Following the announcement, the Growthpoint Properties Australia share price was unchanged at $2.33.

The group also completed refinancing transactions for $495 million of debt since Dec. 31, 2025, which included extending $220 million of existing debt facilities.

Growthpoint finalised asset recycling initiatives during May by divesting a property package at Viola Place in Brisbane Airport for $16.7 million.