Portfolio Overview

Key Metrics

As at 31 December 2017

  Industrial Office
Total
Number of properties 31 25 56
Total value
$1,127.3m $2,157.7m $3,285.0m
% of portfolio value 34% 66% 100%
Occupancy 98% 98% 98%
Total lettable area 716,997 sqm 286,532 sqm 1,003,529 sqm
Weighted average valuation cap rate 6.8% 6.1% 6.4%
WALE
5.1 years 5.9 years 5.6 years
WARR*
2.8% 3.5% 3.3%
Average value (per sqm) $1,572 $7,530  $3,273
Average rent (per sqm, per annum) $116 $545 $239
HY18 net propety income
$40.2m  $66.2m $106.4m
Number of tenants^
37 103 139
Major tenants Woolworths,
Linfox & StarTrack
NSW Police, Commonwealth
of Australia
& GE Capital Finance
 

* Assumes CPI change of 1.9% per annum (Source: Australian Bureau of Statistics, All Groups, CPI, Dec Qtr 2016 to Dec Qtr 2017).

^Orora is a tenant of both the Office and Industrial Portfolios.

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

36 & 58 Tarlton Crescent and 2 & 10 Hugh Edwards Drive, Perth Airport, WA

Four modern warehouses which form part of the Perth Airport precinct

   
Interest Leasehold expiring 2047 plus 49 year option
Book Value as at 30/12/2017: $46.0 million
Valuer: Directors
Cap Rate: 8.08%
Discount Rate: 8.67%
Major tenant: Mainfreight Distribution Pty Ltd
Weighted Average Lease Expiry: 6.8 years
Lettable area: 31,948 sqm
Site area: 57,617 sqm