Investor Presentaiton
Celebrating 50 years FY22 Additional Information
Office: leasing details
OFFICE LEASE EXPIRY PROFILE¹
60%
40
40
20
15%
50
mirvac
Office top 10 tenants²
Percentage ³
Credit ratings
1
Government
14%
Aaa, Aa2, AAA, AA+
2
Westpac
11%
Aa3, AA-
3
Commonwealth Bank of Australia
5%
AA3, AA-
4 Google
5%
51%
5 EY
4%
6 Suncorp
3%
7
Deloitte
3%
8
AGL Energy
3%
9
John Holland
2%
10 Corrs
1%
Total
51%
10%
8%
99
6%
5%
5%
FY22 Leasing activity
Area
Leasing
spread
Average
incentive
Average
WALE'
0
Vacant
FY23
FY24
FY25
FY26
FY27
FY28+
Renewals
14,040 sqm
7.9%
24.6%
4.5 yrs
New leases
28,786 sqm
0.2%
28.6%
6.4 yrs
Total Office
42,826 sqm
2.8%
27.3%
5.6 yrs
% of Office portfolio NLA leased
4.99%
1. By income. Expiry profile excludes development affected assets.
2. Excludes Mirvac tenancies.
3. Percentage of gross office portfolio income.
11 AUGUST 2022 | 57View entire presentation