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 MetricsAs at 30 September 2018 |
|
| Total property portfolio value | $3.4 billion |
| Distribution guidance FY19 | 23.0 cps |
| Number of properties | 57 |
| Office / industrial | 66% / 34% |
| Weighted average property age | 10.8 years |
| Occupancy | 98% |
| Weighted average lease expiry |
5.0 years |
| Weighted average rent review (assumes CPI of 2.1%) |
3.3% |
| Weighted average capitalisation rate | 6.2% |
| NTA per stapled security (at 30 June 2018) |
$3.19 |
| Gearing |
33.7% |
|
Percentage debt fixed |
82.0% |
| Weighted average debt maturity |
4.9 years |
| Average NABERS rating (energy) |
4.5 stars |
