Business
DLT: Profitability restored and leverage reduced, but further deleveraging needed for distributions
DLT: Profitability restored and leverage reduced, but further deleveraging needed for distributions

About this update from Delta Property Fund Limited
FY 2026 saw a return to profitability, improved collections, and reduced vacancies, with significant debt reduction and progress on non-core asset disposals. Leverage and ICR improved but remain outside target covenants, with further deleveraging and longer lease terms key to resuming distributions.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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