Portfolio Overview

Key Metrics

As at 30 June 2017

  Industrial Office
Total
Number of properties 32 26 58
Total value
$1,103.4m $2,180.4m

$3,283.8m

% of portfolio value 34% 66% 100%
Occupancy 100% 98% 99%
Total lettable area 756,381 sqm 299,955 sqm 1,056,366 sqm
Weighted average valuation cap rate 6.9% 6.3% 6.5%
WALE
5.2 years 6.5 years 6.1 years
WARR*
2.8% 3.5% 3.3%
Average value (per sqm) $1,459  $7,269  $3,109
Average rent (per sqm, per annum) $110 $540 $231
FY17 net propety income
$86.5m   $136.8m $223.3m
Number of tenants
32  113  145
Major tenants Woolworths,
Linfox & StarTrack
NSW Police, Commonwealth
of Australia
& GE Capital Finance
 

* Assumes CPI change of 1.9% per annum as per Australian Bureau of Statistics release for FY17.

Sector diversity

Geographic diversity

Top ten tenants

Portfolio lease expiry profile

View Office Portfolio View Industrial Portfolio

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2017 
Annual Report

Download the 2017 Annual
Results Presentation

Latest Acquisitions

Lot 11 & 1, part Lot 9, Tarlton Crescent and Lot 6 & 7, Hugh Edwards Drive, Perth Airport, WA

Four modern warehouses which form part of the Perth Airport precinct

   
Interest Freehold
Book Value as at 13/07/2017: $46.0 million
Valuer: Purchase price
Cap Rate:
Discount Rate:
Major tenant: Mainfreight Distribution Pty Ltd
Weighted Average Lease Expiry: 6.4 years
Lettable area: 31,954 sqm
Site area: 57,617 sqm