Australia’s largest domestic pure play industrial REIT.

Throughout FY25, UIP continued to capitalise on strong leasing momentum while maintaining a robust balance sheet to deliver solid results.

High leasing volumes exceeding 150,900 sqm³ were achieved, with average 34%⁴ positive re-leasing spreads. UIP’s portfolio is heavily weighted to core urban infill markets on Australia’s east coast and is well positioned to continue benefiting from strong leasing conditions.

UIP executed $140m of strategic divestments at +12% premium to book value⁵ in FY25 with proceeds used to repay debt, ending the year with gearing at 33.2%² at the lower end of the target gearing range.

UIP FY25 results highlights

Watch Grant Nichols, Head of Listed Funds and UIP Fund Manager, discuss the Fund’s FY25 highlights.