News
Inclusion in S&P/ASX 200
On 5 June 2015 S&P Dow Jones Indices announced that Growthpoint Properties Australia ("Growthpoint") would be added to the S&P/ASX 200 index from after-market close on 19 June 2015.
The S&P/ASX 200 Index is recognised as the "institutional investable benchmark in Australia"1. Further details are available at here. Inclusion is expected to lead to an increase in underlying demand for Growthpoint's securities.
This inclusion follows Growthpoint's entry in the S&P/ASX 300 in September 2014 and the MCSI Global Small Cap Index (Asia Pacific Region) in May 2015 and highlights Growthpoint's evolution to a large, liquid security.
Download the full ASX Announcement.
Notes
1. http://au.spindices.com/indices/equity/sp-asx-200/
Our Key Metrics
| (as at 30 September 2019) | |
| Total property portfolio value1 | $4.0bn |
| FY20 DPS guidance | 23.8 cents |
| FY20 FFO guidance | 'at least' 25.4 cps |
| Distribution yield2 | 5.5% |
| No. of properties | 58 |
| Office / industrial | 69% / 31% |
| Average property age | 11.5 yrs |
| Occupancy | 98% |
| WALE | 4.9 yrs |
| WARR (assumes CPI of 1.6%) | 3.3% |
| Weighted average cap rate | 5.9% |
| NTA per stapled security3 | $3.52 |
| Gearing | 32.5% |
| Fixed debt % | 68.8% |
| WADM | 4.3 yrs |
| Average NABERS rating (energy)4 | 4.8 stars |
1.Property valuations as at 30 June 2019. Includes the recent acquisition of 3 Maker Place, Truganina, Victoria.2.Distribution yield is the FY20 distribution of 23.8 cents per security divided by the closing ASX price as at 30 September 2019 of $4.32. 3.Pro forma, as at 30 June 2019, for the settlement of the Institutional Placement and Security Purchase Plan launched in FY19 but settled in early FY20, raising $174 million for the issue of 43.7 million securities and the repayment of debt from those proceeds. 4.As at 30 June 2019.
