Our philosophy is to be a pure landlord, with 100% of our income derived from rent under leases to quality tenants from commercial real estate.
Growthpoint Properties Australia is an ASX listed real estate investment trust or A-REIT (ASX Code: GOZ), with a mandate to invest in Australian property in the industrial, office and retail sectors.
GOZ’s objective is to provide investors with a tradeable security producing consistently growing income returns and long-term capital appreciation.
Our Key Metrics
As at 31 December 2014
|Total value||$2.2 billion|
|Distribution guidance FY15||19.7cps|
|Number of properties||51|
|Office / industrial||52% / 48%|
|Average property age||7.8yrs|
|Weighted average lease expiry||6.5yrs|
|Weighted average rent review||3.1%|
|Weighted average capitalisation rate||7.6%|
|Average debt term||3.7yrs|
|Average duration of hedges||3.7yrs|