Centuria Industrial REIT
(ASX:CIP): REIT Manager, Ross Lees presents the company's FY17 full year results.
HighlightsSeamless transition of management from 360 Capital to Centuria in January 2017
Delivered FY17 EPU and DPU of 20.5c, in line with revised guidance
Acquired two assets for $65m in June 2017 with a WALE exceeding six years
Leased over 134,000sqm of GLA – 17.7% of portfolio lettable area
1.Refinanced $450m of debt facilities and completed $35m institutional equity placement
1. Portfolio GLA for the purpose of this calculation includes acquisitions of Lot 14 Sudlow Road, Bibra Lake and 207-219 Browns Road Noble Park, exchanged on 29 June 2017.
