CONTINUED FOCUS ON EARNINGS AND DISTRIBUTION GROWTH
360 Capital Investment Management Limited as Responsible Entity for the 360 Capital Industrial Fund (“Fund” or ASX code:“TIX”) is pleased to announce the Fund’s half year financial results for the six months ending 31 December 2014.
Key achievements
- 17.3% total return for the six months to 31 December 2014
- FY2015 EPU forecast upgraded to 21.2cpu from 20.2cpu driven by performance of existing portfolio, accretive acquisitions and proactive capital management
- Debt facility increased, term extended and interest costs reduced
- Acquisitions of $155.3m with a combined WALE of 8.8 years
- 99.9% occupancy and portfolio WALE of 5.8 years
- Maintained focus on EPU and DPU growth
For further information please download PDF attached:
