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    Real estate investment trusts
Carindale Property Trust

Carindale Property Trust

AASX:CDP
5.35
AUD
0.00
(0.00%)
0.71EPS
8.05P/E
474.91MMarket Cap
Feb 23Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
Revenue per Share
0.76
0.79
0.8
0.8
0.8
0.76
0.74
0.72
0.74
0.74
0.74
0.95
0.78
Basic EPS, GAAP
1.03
0.79
0.71
0.63
0.39
0.27
-1.54
0.56
0.93
0.11
0.1
0.48
0.71
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.3
0.33
0.38
0.4
0.4
0.38
0.36
0.12
0.07
0.07
0.07
0.08
0.29
Book Value per Share
7.17
7.61
7.93
8.16
8.14
8.05
6.33
6.66
7.25
6.98
6.68
6.78
7.2
Tangible Book Value per Share
7.17
7.61
7.93
8.16
8.14
8.05
6.33
6.66
7.25
6.98
6.68
6.78
7.2
Basic Weighted Avg Shares
70
70
70
70
70
70
70
70
72
74
78
81
83
Sales/Revenue/Turnover
53
55
56
56
56
53
52
50
53
55
58
77
65
Operating Margin (%)
64.11
65.49
65.83
65.57
64.95
62.47
63.07
61.05
60.75
62.91
62.38
70.05
63.52
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
72
56
49
44
27
19
-108
39
67
8
8
39
59
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
134.68
100.29
88.14
79.02
48.44
35.65
-208.5
78.66
126.17
14.62
13.17
50.67
91.42
Working Capital
-15
-17
-19
-19
-18
-29
-3
-9
-13
-11
-13
-16
-15
LT Debt
206
210
213
218
225
256
282
271
253
241
225
210
206
Total Equity
502
533
555
571
570
563
443
466
527
528
530
561
595
Return on Invested Capital (%)
5.02
5.01
4.88
4.72
4.57
4.13
- -
4.19
4.22
4.46
4.74
7.09
5.22
Return on Capital (%)
12.58
9.48
8
6.98
4.56
4.35
- -
5.87
9.9
2.21
2.28
6.42
8.74
Return on Common Equity (%)
15.07
10.76
9.08
7.87
4.73
3.36
-21.4
8.67
13.4
1.52
1.44
7.18
10.21

Capital Structure

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.1%
5.11%
6.11%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-44.07%
88.02%
50.73%
Sales/Revenue/Turnover
2.08%
6.36%
-16.46%
Total Cash Common Dividend
17.8%
49.92%
256.04%

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
58
2025
- -
- -
77
2026
- -
- -
65

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.1
2025
- -
- -
0.48
2026
- -
- -
0.71

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.07
2025
- -
- -
0.08
2026
- -
- -
0.29

Company Description

Company Profile APIChatGPT
CEO
Elliott Chaim Aaron Rusanow
Full Time Employees
- -
Sector
Finance
Industry
Real estate investment trusts
Address
Level 30 Sydney NSW Australia 2000
IPO Date
Nov 28, 1996
Website
carindalepropertytrust.com.au
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Business
Carindale Property Trust holds a substantial stake in Westfield Carindale, a prominent retail and lifestyle hub situated in an affluent south-eastern suburb of Brisbane, roughly 12 kilometres from the city centre. This significant property effectively serves a broad trade area, encompassing over 700,000 residents, with a wider accessible market of 1.4 million people due to convenient links via the nearby Gateway Motorway. As a leading destination for shopping and leisure, Westfield Carindale hosts a comprehensive array of Australia’s most recognised retailers, including flagship stores like David Jones, Myer, Kmart, Big W, Target, Coles, Woolworths, ALDI, and Apple, complemented by numerous premium fashion brands. The centre’s diverse offerings are further enriched by approximately 370 specialty stores, an Event Cinemas complex, and a luxurious Glasshouse Dining Precinct, while the adjacent Carindale Home & Leisure Centre provides extensive bulky goods retail options. The Trust, whose primary activity revolves around this long-term property investment, is skillfully managed by Scentre Management Limited, a division of the Scentre Group. Recent operational highlights from 2024 saw customer visits reach 14 million, with annual retail sales exceeding $1.09 billion, reflecting robust performance and an impressive occupancy rate of 99.9%. The Trust reported strong financial growth for the 2025 financial year, with revenue increasing by 6.4% and net profit (excluding unrealised fair value movements) seeing a significant rise of 413.6%.