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Stride Property Group lifted annual profits, but saw rental income fall as asset sales and portfolio adjustments weighed on earnings.

The listed property investor reported a net profit of $31.3 million for the year to March, up from $21.7m a year earlier, while distributable profit rose 2 percent to $49.1m.

Key numbers for the year ended March 31, 2026 compared with a year ago:

Net profit $31.3m vs $21.7m