360 Capital REIT has increased its earnings guidance for the 2026 financial year following a structured preference equity transaction, signalling modest growth amid challenging market conditions and a stable portfolio across Australia and New Zealand.
360 Capital REIT has lifted its earnings guidance for the 2026 financial year after a structured preference equity transaction, saying earnings per security are now expected to reach 3.2 Australian cents, up from 3.0 cents previously. The company said that would amount to a 33.3% increase on fiscal 2025 earnings. A separate report on the update put the forecast slightly higher, at 3.3 cents per share, highlighting a small difference in how the guidance was described.
The real estate investment trust said it remains focused on a diversified portfolio of income-producing commercial properties in Australia and New Zealand, with assets in Melbourne, Canberra and Brisbane. MarketScreener said the portfolio is made up of well-leased properties and gave it a weighted average lease expiry of 6.4 years, suggesting a relatively stable rental base. It also said the average age of the assets is 4.7 years.
The latest guidance comes as listed property groups continue to weigh the effects of interest rates, inflation and funding costs. An outlook report cited in the supplied material said REITs could deliver total returns of 8% to 10% in 2026, with roughly half of that coming from cash yields, although it also warned that sticky inflation and higher debt costs could limit earnings growth. Against that backdrop, 360 Capital REIT’s update signals modest but improving earnings momentum.
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