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 Metrics1As at 30 September 2018 |
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| Total property portfolio value | $3.7 billion |
| Distribution guidance FY19 | 23.0 cps |
| Number of properties | 59 |
| Office / industrial | 69% / 31% |
| Weighted average property age | 10.3 years |
| Occupancy | 98% |
| Weighted average lease expiry |
5.3 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 |
37.1% |
|
Percentage debt fixed |
73.0% |
| Weighted average debt maturity |
4.5 years |
| Average NABERS rating (energy) |
4.5 stars |
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1. Includes recently settled acquisitions, 836 Wellington St, West Perth, WA and 100 Skyring Tce, Newstead, QLD. |
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