Australian Unity Office Fund Limited (ASX:AOF) Fund Manager, Grant Nichols and Head of Commercial Property, Mark Lumby present on the company's FY18 full year results.Highlights:
- Statutory Net Profit of $97.3 million
- NTA increased 20% to $2.67 per unit (30 June 2017 $2.23)
- Fund From Operations (FFO) 17.2 cpu (guidance 17.1 -17.3 cpu)
- Portfolio value increased by $194.5 million to $635.6 million
- $50 million of new equity raised, market capitalisation increased to $433 million
- $150 million debt facilities established or refinanced
- Increased average debt maturity to 4.1 years
- Gearing at 30.2%.
For more, watch the Fund Manager, Grant Nichols and Head of Commercial Property, Mark Lumby present.