Investor Presentaiton
Celebrating 50 years FY22 Additional Information
Industrial: portfolio details.
FY22
FY21
No. of properties¹
10
10
NLA
469,339 sqm
469,339 sqm
Portfolio value 2
$1,650m
$1,187m
4.18%
4.78%
WACR
Property net operating income (NOI)
$55m
$56m
Like-for-like NOI growth
3.3%
4.5%
Maintenance capex
$2m
$3m
3
Incentive capex³
$1m
$0.3m
Occupancy (by area)
100.0%
100.0%
NLA leased
15,867 sqm
53,399 sqm
% of portfolio NLA leased
3.4%
11.4%
WALE (by area)
WALE (by income)
7.4 yrs
6.7 yrs
8.2 yrs
7.4 yrs
INDUSTRIAL
INDUSTRIAL
50
mirvac
GEOGRAPHIC DIVERSITY 4
RENT REVIEW STRUCTURE 5
1. Excludes IPUC and properties being held for development.
2. Includes IPUC and properties being held for development. FY22 IPUC value of $341m and investment in JV value of $67m. FY21 IPUC value of $162m. Subject to rounding.
3. Includes cash and fitout incentives.
4. By portfolio value, excluding assets held in funds.
5. By income, excludes lease expiries.
Sydney 100%
Fixed 97%
CPI linked 3%
11 AUGUST 2022 | 63View entire presentation