360 Capital Reit · ASX:TOT
360 Capital Reit — FY2025 Earnings Presentation
21 slides from 360 Capital Reit's earnings presentation, Aug 18, 2025
Slide 1: 360 Capital REIT (ASX:TOT) FY25 Results Presentation
360 Capital REIT (ASX:TOT) FY25 Results Presentation 18 August 2025 P.1
Slide 2: Table of contents
Table of contents 1 Snapshot and key highlights 3 2 Portfolio overview 6 3 Financials 13 4 FY26 key focus and guidance 17 P.2
Slide 3: 1. Snapshot and key highlights
REAL ASSETS PRIVATE EQUITY PUBLIC EQUITY CREDIT 1. Snapshot and key highlights P.3
Slide 4: Why invest in TOT?
Why invest in TOT? Highly Attractive Yield Forecast FY26 100% tax deferred distribution yield of 7.6%1 paid quarterly. Modern Portfolio Average building age only 4.7 years2, 4.8 Star3 average NABERS rating across portfolio, minimal capital expenditure or tenant incentives, all independently revalued
Slide 5: 360 Capital REIT – FY25 Highlights
360 Capital REIT (ASX:TOT) – FY25 Highlights Regular income and the potential for capital growth from a diversified portfolio of well leased, modern assets 7.6% 3.0cpu $0.58 FY26 forecast 100% tax deferred FY25 fully franked distributions NTA per security distribution yield1 (31.9%) 35.5% 6.4 years
Slide 6: 2. Portfolio overview
Office; 33.4% Industrial / Manufacturing; 15.9% Office / Healthcare; 2. Portfolio overview 50.7% P.6 P.6
Slide 7: Income profile
Income profile Top 10 Tenants1 Income and review profile1 Tenant Type: 83.0% Government and publicly listed companies Commonwealth Government 37.6% Private 17.0% Michael Hill 15.5% Public 38.9% Dentsu 13.0% Government 44.1% Monash IVF 8.0% SRC Australia 6.4% Kane 4.2% Review Type: 3.2% p.a. Weighted
Slide 8: Lease expiry profile
Lease expiry profile Lease expiry profile (by income)1 100% 90% Portfolio WALE 6.4 years 80% 70% 60% 50% 40% 35.3% 30% 23.8% 20% 14.5% 10.5% 10% 6.6% 7.0% 2.4% - - - - 0% Vacant FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35+ Current Vacancies: AREA INCOME (%)1 FITTED OUT A.L2, 510 Church Street,
Slide 9: Leasing update
Leasing update 38 Sydney Avenue, Canberra Speculative Suite Strategy – 510 Church Street, Cremorne • Leases executed for the remaining vacancies at 38 Sydney Avenue, Canberra comprising a total of 2,181sqm or 23.2%1 of the building and approximately 7.7% of the portfolio. • Suite 1: CropLife Austral
Slide 10: 38 Sydney Ave, Forrest, ACT
38 Sydney Ave, Forrest, ACT Tenancy Profile Summary Metrics % total Option June Valuation $67.2m NLA Review Expiry Tenant Gross to Independent Valuation (sqm) type date June 2025 Rent1 extend Date Comm Gov (ANAO) 56.6% 4,857 Fixed Dec-34 5 Ownership interest 100% Comm Gov (ACIAR) 15.1% 1,427 Fixed J
Slide 11: 34 Southgate Ave, Cannon Hill QLD
34 Southgate Ave, Cannon Hill QLD Tenancy Profile Summary Metrics % total Option June Valuation $32.0m NLA Review Expiry Tenant Gross to Independent Valuation (sqm) type date June 2025 Rent1 extend Date Ownership Interest 100% Michael Hill 100.0% 3,585 Fixed Sept 32 2x5 Title Freehold NABERS Rating
Slide 12: 510 Church Street, Cremorne VIC
510 Church Street, Cremorne VIC Tenancy Profile Summary Metrics % Total NLA2 Review Expiry Option to June Valuation1 $101.75m Tenant Gross (sqm) type date extend Independent Valuation Rent3 June 2025 Date Dentsu 26.6% 4,668 Fixed Jul-294 3 Ownership Interest 50% Comm Gov (NDIA) 24.9% 4,307 Fixed Nov
Slide 13: 3. Financials
REAL ASSETS PRIVATE EQUITY CREDIT 3. Financials
Slide 14: FY25 profit & loss highlights
FY25 profit & loss highlights FY25 FY24 Change Change PROFIT & LOSS STATEMENT ($m) ($m) ($m) (%) Statutory net profit Statutory net profit of $1.3 million for the Gross property income 13.5 13.7 (0.2) $1.3m year. The result included a fair value loss on investment properties of $4.5 million Other in
Slide 15: FY25 balance sheet highlights
FY25 balance sheet highlights 30-Jun-25 30-Jun-24 Change Change BALANCE SHEET ($m) ($m) ($m) (%) Property Portfolio All properties have been independently valued as at 30 June 2025, resulting in Cash 0.4 2.4 (2.0) $201.0m reduction of 0.4 million, with the weighted average capitalisation rate increa
Slide 16: Valuations, capital management, interest rate strategy
Valuations, capital management, interest rate strategy Valuations Debt facility and interest rate strategy • All properties were independently valued for 30 June 2025. Debt terms • Signs that valuations are stabilising with interest rates entering soften cycle, • Debt facility was reduced to $80.0 m
Slide 17: 4. FY25 key focus and guidance
REAL ASSETS PRIVATE EQUITY CREDIT 4. FY25 key focus and guidance P.17
Slide 18: TOT peer comparison
TOT peer comparison5 “TOT generally priced in line with peers, except for no value attributable to TOT’s unique franking of distributions” Gearing Market Capitalisation ($m) 45.0% $85.5m $1,000 Market Capitalisation1 $900 $800 40.0% $700 Average gearing: 36.1% $600 35.0% $500 Average market capitali
Slide 19: FY26 key focus
FY26 key focus Focus Status • Ongoing leasing 2,582sqm (6.6% of portfolio) level 2 and Complete leasing of only remaining vacancy at: Leasing • Level 2, 510 Church Street, Cremorne prepare for re-leasing of 1,039sqm (2.4% of portfolio) part level 6 becoming vacant in August 2026 • Capital management
Slide 20: Identifying strategic investment opportunities
Contact details: Tony Pitt Executive Chairman +61 2 8405 8860 Tony.Pitt@360capital.com.au www.360capital.com.au James Storey Chief Executive Officer +61 2 8405 8860 James.Storey@360capital.com.au www.360capital.com.au Glenn Butterworth Chief Financial Officer +61 2 8405 8860 Glenn.Butterworth@360cap
Slide 21: Disclaimer
Disclaimer This presentation has been prepared by 360 Capital FM Limited (ACN 090 664 396) (Responsible Entity) as responsible entity for 360 Capital Active REIT (ARSN 602 303 613) and 360 Capital Passive REIT (ARSN 602 304 432), together 360 Capital REIT (‘TOT’ or the ‘Fund’). This material is a su