Real Estate

A FY26 result featuring a substantial statutory loss, set against improving operating metrics, has framed the question of whetherYieldand asset values can drive a re-rating.

• Full-year 2026 FFO guidance upgraded to at least 23.79 cents per security — growth of at least 4.25%.

Stockland has become one of the clearest barometers of Australia's residential property cycle, and its results for the year to 30 June 2026 gave the bulls plenty to work with. The diversified developer and landlord lifted statutory profit more than 20 % and pushed …

• Recent company updates provide the main operational or financial evidence.

• Recent company figures provide the main evidence for the current operating picture.

The 6.5-cent final is a single half-yearly payment and should not be annualised; the 13.0-cent full-year figure, up 68%, is the relevant annual number and is fully franked. The scale of the increase reflects a step-change in Peet'sEarningsand cash generation during FY26 rather than …

• Total funds under management reached $94.3 billion; property funds under management rose 13.8% to $76.0 billion.