• Growthpoint Properties Australia matches FY26 guidance with 18.4c distribution

    Business people discussing project on digital tablet.

    The Growthpoint Properties Australia (ASX: GOZ) share price is in focus after the company declared a final FY26 distribution of 9.2 cents per security, taking total distributions for the year to 18.4 cents and matching prior guidance.

    What did Growthpoint Properties Australia report?

    • Final distribution: 9.2 cents per security for six months to 30 June 2026
    • Full-year FY26 distribution: 18.4 cents per security
    • Distribution aligned with the company’s FY26 guidance
    • Distribution Reinvestment Plan remains suspended

    What else do investors need to know?

    Growthpoint’s final distribution covers the period to 30 June 2026, with an ex-distribution date of 29 June, a record date of 30 June, and payment scheduled for 28 August 2026. The company confirmed that the Distribution Reinvestment Plan will continue to be paused for this period.

    Growthpoint remains an internally managed REIT with a portfolio that spans office and industrial properties, alongside funds management activities for institutional clients. Growthpoint also highlights progress on sustainability targets, including achieving Net Zero for directly owned operational office assets and corporate activities by July 2025.

    What’s next for Growthpoint Properties Australia?

    Growthpoint says it is dedicated to creating long-term value and maintaining prudent management through modern, high-quality Australian real estate. The REIT’s ongoing focus on sustainability and disciplined capital allocation aims to support future distributions in line with investor expectations.

    Looking forward, Growthpoint is expected to keep collaborating with tenants and investors, while remaining agile and committed to sustainable practices in its property and funds management businesses.

    Growthpoint Properties Australia share price snapshot

    Over the past 12 months, Growthpoint Properties shares have declined 8%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 4% over the same period.

    View Original Announcement

    The post Growthpoint Properties Australia matches FY26 guidance with 18.4c distribution appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Growthpoint Properties Australia right now?

    Before you buy Growthpoint Properties Australia shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Growthpoint Properties Australia wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 16 June 2026

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Centuria Capital Group launches $300m equity raising for AI Factory and real estate expansion

    A briefcase full of money

    The Centuria Capital Group (ASX: CNI) share price is in focus as the company announces a $300 million fully underwritten equity raising to support accelerated growth in its AI Factory pipeline and real estate funds management platforms.

    What did Centuria Capital Group report?

    • $300 million equity raising via $200 million institutional placement and $100 million entitlement offer
    • New securities issued at $2.00 per security, a 6% discount to the adjusted last close of $2.18
    • Approximately 150 million new securities to be issued, representing 17.6% of existing securities
    • FY26 operating earnings per security guidance reaffirmed at 13.6 cents (up 11.5% from FY25)
    • Proceeds to accelerate growth across ResetData (AI Factories) and real estate equity and credit funds

    What else do investors need to know?

    Centuria’s equity raising is designed to provide the flexibility needed for rapid expansion, particularly for its AI Factory projects through ResetData (of which Centuria owns 50%). Strong customer demand for AI capacity is driving the need to bring more AI Factories online and prepare for larger-scale GPU deployments.

    A portion of the funds will also help originate and underwrite new real estate transactions and seed larger unlisted funds, in line with Centuria’s strategy to scale and diversify its platform. Growth initiatives targeting Centuria’s private credit funds will also receive support, aiming to increase market share in a sector growing around 13% annually.

    What did Centuria Capital Group management say?

    Joint CEOs John McBain and Jason Huljich said:

    The Centuria and ResetData combination has created a differentiated NVIDIA neocloud partner with scalable sovereign AI Factories and access to Centuria’s real estate, land and potential 200MW+ power pipeline. ResetData is one of three Australian NVIDIA Cloud Partners and is uniquely placed to take advantage of an upswing in international demand for the establishment of Australian-based AI Factory capacity uptake. It is worth noting that comparable neocloud platforms in Australia have experienced rapid re-ratings as contracts and scale have emerged and we have this firmly in mind as we respond to increased AI demand and build out our capability in this area.

    What’s next for Centuria Capital Group?

    Centuria will use proceeds from this equity raising to accelerate expansion in both AI infrastructure and real estate funds management. Further investments are planned in customer onboarding and in scaling private credit funds, while continuing to develop larger real estate assets for future funds.

    The company has reaffirmed guidance for operating earnings per security, highlighting confidence in its growth path. Investors can expect Centuria’s next phase to focus strongly on innovation in property and AI-driven platforms.

    Centuria Capital Group share price snapshot

    Over the past 12 months, Centuria Capital Group shares have risen 26%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 4% over the same period.

    View Original Announcement

    The post Centuria Capital Group launches $300m equity raising for AI Factory and real estate expansion appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Centuria Capital Group right now?

    Before you buy Centuria Capital Group shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Centuria Capital Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 16 June 2026

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Nvidia. The Motley Fool Australia has recommended Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Why Humm, Metcash, PLS, and WiseTech shares are sinking today

    Frustrated stock trader screaming while looking at mobile phone, symbolising a falling share price.

    The S&P/ASX 200 Index (ASX: XJO) is having a subdued start to the week. In afternoon trade, the benchmark index is down almost 0.1% to 8,823 points.

    Four ASX shares that are falling more than most today are listed below. Here’s why they are dropping:

    Humm Group Ltd (ASX: HUM)

    The Humm share price is down 20% to 46.7 cents. This follows news that a proposed takeover by Credit Corp Group Ltd (ASX: CCP) has collapsed. Credit Corp stated: “Following a period of commercial due diligence, Credit Corp raised a number of matters which it was unable to gain comfort on following further discussions with Humm. Consequently, it informed Humm on the evening of Friday 19 June that its bid was materially reduced relative to its non-binding indicative offer. Humm has confirmed over the weekend that a mutually acceptable transaction cannot be agreed between the two parties.”

    Metcash Ltd (ASX: MTS)

    The Metcash share price is down 2% to $3.11. Investors have been selling this wholesale distributor’s shares following the release of its FY 2026 results. For the 12 months ended 30 April, Metcash reported a modest 0.2% increase in revenue (excluding charge-through sales) to $17.35 billion and a 2.4% decline in underlying net profit after tax to $268.8 million. Metcash’s CEO, Doug Jones, said: “Our FY26 performance demonstrates the strength and resilience of the Metcash business model. Despite mixed trading conditions across our markets, we delivered solid earnings, strong cash generation and continued progress on our long-term strategic priorities. Our scale, our national supply chain, and our deep relationships with independent retailers remain powerful competitive advantages. We now support ~105,000 customers, ~6,300 bannered stores and reach ~95% of Australians – a unique platform that continues to generate resilient, high-quality cashflows.”

    Pls Group Ltd (ASX: PLS)

    The PLS share price is down 5% to $5.59. This is despite there being no news out of the lithium miner. However, it is worth noting that most lithium miners are falling on Monday. On Friday, Contemporary Amperex Technology shares tumbled around 4% on the Paris stock exchange.

    WiseTech Global Ltd (ASX: WTC)

    The WiseTech Global share price is down 14% to $31.72. Investors have been rushing to the exits today following reports that the Australian Federal Police (AFP) is investigating founder Richard White over alleged trafficking matters. It has been claimed that White exploited a former cleaner’s immigration status and financial position and provided false information on a visa application. WiseTech has not responded to the reports.

    The post Why Humm, Metcash, PLS, and WiseTech shares are sinking today appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Credit Group right now?

    Before you buy Credit Group shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Credit Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 16 June 2026

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    Motley Fool contributor James Mickleboro has positions in WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.