Highlights

  • Region Group delivered FY26 AFFO of 14.1 cents per security, an increase of 2.9%, supported by supermarket linked ongoing demand.
  • Comparable supermarket sales rose 4.1%, while comparable net Operating Income increased 3.3% across Region Group's Australian retail shopping centre portfolio.
  • The group completed 380 specialty leasing transactions, achieving average annual rent increases of 4.4% during the full FY26 reporting period.
  • Region Group reported net profit after tax of AUD 268.8 million and net tangible assets of AUD 2.57 per security.

Region Group (ASX:RGN), formerly known as SCA Property Group (SCP), is an internally managed real estate Investment trust owning a portfolio of neighbourhood and sub-regional shopping centres across Australia, predominantly anchored by Woolworths Group and Coles Group supermarkets. The group was established in 2012 and rebranded from SCA Property Group to Region Group in November 2022. FY26 results for the year ended 30 June 2026 were released in August 2026.

FY26 Financial Performance

Region Group reported FY26 Adjusted Funds From Operations (AFFO) of 14.1 cents per security, up 2.9% from the prior year, as the group's supermarket-anchored portfolio continued to generate resilient and growing cashflows. Statutory net profit after tax was $268.8 million. Net Tangible Assets (NTA) per security was $2.57 at 30 June 2026. The group achieved a total security holder return of 9.8% for FY26, reflecting both distributions received and unit price appreciation. Region Group's FY26 distributions were supported by the AFFO per security growth, with the group targeting a high Payout Ratio consistent with its REIT structure.

Operational Highlights

Region Group completed 380 specialty leasing deals across its portfolio during FY26, with average annual rent increases of 4.4% and average leasing spreads (the difference between new rents and expiring rents) of 4.0%. Portfolio occupancy remained at a high level, consistent with the group's supermarket-anchored focus, which benefits from non-discretionary consumer spending on grocery and everyday needs. Comparable supermarket sales across the portfolio grew 4.1% in FY26, underpinning the viability of the group's anchor tenants and their continued ability to attract foot traffic for specialty retailers. Comparable net operating income grew 3.3% for the year.

Capital Management and Portfolio Strategy

Region Group maintained a disciplined approach to Capital and Portfolio Management in FY26, with proactive initiatives supporting distribution sustainability and long-term asset quality. The group's portfolio of neighbourhood and sub-regional shopping centres is concentrated in suburban and regional Australia, with a focus on convenience-based, non-discretionary retail formats. Region Group has continued to selectively recycle capital — divesting lower-quality assets and reinvesting in higher-quality, well-located centres — as part of its portfolio optimisation strategy. The group's investment thesis is centred on the resilience of supermarket-anchored non-discretionary retail, which has historically demonstrated strong Earnings stability through economic cycles.

Stock Price Information

Shares in Region Group (ASX:RGN) delivered a total security holder return of 9.8% for FY26 (year ended 30 June 2026), reflecting both unit price growth and distributions. As of 6 November 2026, RGN securities were trading on the ASX. Investors should refer to ASX announcements at www.asx.com.au and Region Group's Investor relations page at www.regiongroup.com.au for current pricing and distribution announcements.