Argosy delivers strong first-half results amid wider headwinds

Argosy chair Jeff Morrison warms on economic outlook. (Image: Supplied)

Wed, 19 Nov 2025

Argosy Property Ltd has almost doubled its first-half profit as net tangible asset value per share tiptoed higher in what the company billed as strong results in a challenging leg.“Challenging economic conditions and a cautious property market persisted into the first half of FY26,” chair Jeff Morrison said. Portfolio occupancy was solid at 96% as of Sept 30, up from 95.8% in the year-earlier same period, with a weighted-average lease term of 5.4 years, up from 5 years.The diversified landlord reported net tangible assets per s...

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