Portfolio repositioning
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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.


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Our Key Metrics

As at 31 December 2016

Total property portfolio value $3.2 billion
Distribution guidance FY17 21.5 cps
Number of properties 59
Office / industrial 66% / 34%
Average property age 9.1 years
Occupancy 99%
Weighted average lease expiry
6.3 years
Weighted average rent review
(assumes CPI of 1.5%)
3.3%
Weighted average capitalisation rate 6.7%
NTA per stapled security $2.72
Balance sheet gearing 42.5%
All-in cost of debt 4.1%
Percentage debt fixed 71%
Average debt matuirty 3.5 years
Average fixed rate debt maturity 5.1 years
Average NABERS rating (energy) 4.4 stars