Region Group Reports Nearly AU$95 Million Uplift in Property Portfolio Valuation, Declares Final Dividend

MT Newswires Live
Jun 17

Region Group (ASX:RGN) recorded a positive revaluation of its investment property portfolio as at June 30, with total asset values increasing by AU$94.8 million to AU$4.6 billion from AU$4.5 billion at Dec. 31, 2025, according to an Australian bourse filing on Tuesday after market hours.

The portfolio's weighted average capitalization rate is about 5.9%, representing a 1 basis point compression since Dec. 31, 2025.

External valuations of 21 properties resulted in an AU$18 million uplift, while properties assessed internally recorded an increase of AU$47.7 million, per the filing.

Pro forma gearing stands at 34%, comfortably within the company's 30% to 40% target range, while pro forma net tangible assets increased by AU$0.03 per security, the filing said.

The company declared a final dividend of AU$0.072 per share for the six months ending June 30, payable Aug. 28 to shareholders on record as of June 30, the filing added.

The company paid a dividend of AU$0.07 per share in the prior corresponding period, an earlier filing showed.

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