Garda Property Group
Logotype for Garda Property Group

Garda Property Group (GDF) investor relations material

Garda Property Group H1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Garda Property Group
H1 2026 earnings summary3 Feb, 2026

Executive summary

  • Transitioned to a pure-play Brisbane industrial property portfolio after divesting Cairns and North Lakes assets, reducing gearing and focusing on industrial and lending operations.

  • Achieved funds from operations (FFO) of $8.86 million for 1H26, up 20.3% year-over-year, driven by lending portfolio growth.

  • Net profit after tax for HY26 was $6.78 million, a turnaround from a $10.19 million loss in the prior year.

  • Lending operations expanded, with $68.8 million in loans deployed and lending forecast to contribute 46% of FY26 revenue.

  • FY26 FFO guidance upgraded by 10% to 10.0 cps, and distribution guidance raised to 8.5 cps, reflecting an 85% payout ratio.

Financial highlights

  • HY26 FFO increased to $8.86 million (4.4 cps), up from $7.37 million (3.7 cps) year-over-year.

  • Total revenue for HY26 rose to $20.34 million from $15.55 million year-over-year, driven by higher lending income.

  • Gearing reduced to 20.8% from 42.7% at June 2025, following major asset sales and debt repayment.

  • Distributions increased 27% to $0.0200 per security, with a payout ratio of 91.4%.

  • NTA per security at $1.60, with securities trading at a 28% discount to NTA.

Outlook and guidance

  • FY26 FFO guidance increased to 10.0 cps, with distributions upgraded to 8.5 cps, reflecting a 7.4% yield and 85% payout ratio.

  • $33.56 million in committed but undrawn loan deployments expected in 2026.

  • Key earnings drivers for FY27–FY28 include embedded rent growth, Morningside expansion, Acacia Ridge leasing, and continued lending growth.

Detail the risk mitigation for 80%+ LVR loans.
Plan for $33.5M net loan liquidity decrease.
What drives contingent fee probability assessment?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Garda Property Group earnings date

Logotype for Garda Property Group
H2 202628 Jul, 2026
Garda Property Group
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Garda Property Group earnings date

Logotype for Garda Property Group
H2 202628 Jul, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Garda Property Group is an Australian real estate investment trust (REIT) that focuses on owning, managing, and developing commercial properties, primarily in the office and industrial sectors. The group’s portfolio consists of properties across key urban and regional locations in Australia, offering leasing opportunities to a range of tenants in business, logistics, and light industrial sectors. Garda Property Group aims to deliver stable income and long-term value growth to its investors through active property management and strategic acquisitions. The company is headquartered in Brisbane, Queensland, and its shares are listed on the ASX.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage