Australian property company Stockland Corp. Ltd. has released its operational update for the first quarter ended 30 September 2025, outlining strong performance across its key segments and reaffirming its financial outlook for the fiscal year 2026.
The company has provided guidance for fiscal year 2026 funds from operations (FFO) per security in the range of 36.0 to 37.0 cents, with a slightly smaller weighting expected in the second half compared to fiscal year 2025. The distribution per security for fiscal year 2026 is projected to be 25.2 cents, consistent with fiscal year 2025 and aligned with Stockland's revised payout ratio range of 60 to 80 percent of FFO.
In the Investment Management segment, the Logistics portfolio delivered a strong performance, achieving positive re-leasing spreads of 29.9 percent. Town Centres also showed healthy growth, with total comparable moving annual turnover (MAT) increasing by 3.4 percent and comparable specialty MAT rising by 3.3 percent.
Within the Development segment, Masterplanned Communities (MPC) recorded net sales of 2,117, supported by strong market demand and new project releases. The company also reported 5,276 contracts on hand, providing solid visibility into future settlements and reinforcing confidence in its development pipeline.
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