Garda Property Group (ASX:GDF) operates as an industrial real estate investor, developer and active manager with a portfolio concentrated predominantly in Brisbane, Australia. The stapled group, comprising GARDA Holdings Limited and GARDA Diversified Property Fund, holds nine industrial properties, one industrial development and one office building valued at $522m as of the latest reporting, with a portfolio cap rate of 6.35% and weighted average lease expiry of 4.2 years; it provides property management services through wholly-owned subsidiary GARDA Capital Limited (AFSL 246714), the responsible entity for GARDA Diversified Property Fund, targeting long-term ownership of industrial and commercial office assets along Australia's eastern seaboard. Headquartered at 12 Creek Street, Brisbane, Queensland, the company, founded in 2003, focuses on business-to-business real estate solutions in the Oceania region, serving transport operators and other industrial tenants with offerings such as on-grade and recessed dock loading facilities, drive-through capabilities and scalable leasing from 6,262sqm to 9,207sqm.
Garda Property Group recently finalises the sale of its 25ha North Lakes industrial development site for $114m to an ESR-managed fund, with settlement due in Q4 FY25; the englobo site, acquired for $16m in 2021, sees the group invest an additional ~$36m in development, reducing gearing to approximately 22% post-settlement. This transaction follows portfolio growth to $522m and underscores strategic asset recycling amid a focus on industrial real estate value creation.