Australia's Garda Diversified Property hits one-month high on property sale

Garda Diversified Property Fund

28/09/2026 06:10

** Shares of Australia's Garda Diversified Property Fund GDF.AX rise as much as 2.4% to A$1.05, marking their highest level since August 28
** Stock post biggest intraday pct gain since Sept 18
** Property fund sells Pinkenba industrial property for A$33.25 million  ($23.37 million)
** Says net proceeds from sale will be used to reduce drawn debt
** Stock down about 11.1% YTD including current session moves 

($1 = 1.4229 Australian dollars)

 (Reporting by Swetha Lakshmi in Bengaluru)
 ((Swetha.Lakshmi@thomsonreuters.com))