Key information

  30 June 2016 30 June 2015
Book value ($m) 3,625.9 3,268.2
Total properties 22 22
Net lettable area (sqm)1 421,895 414,080
Number of tenants 387 408
Tenant retention rate 77% 62%
Occupancy 96% 93%
Weighted average lease expiry (years) 4.8 5.2
Weighted average capitalisation rate 6.20% 6.93%
Average NABERS Energy rating 4.6 4.4
Average NABERS Water rating 3.9 3.7

PORTFOLIO GRADE

B-Grade 22%
A-Grade 63%
Premium 15%

GEOGRAPHIC WEIGHTING2

NSW 59%
QLD 14%
VIC 21%
WA 4%
ACT 3%

LEASE PROFILE EXPIRY BY INCOME

 
VACANT 4%
 
FY17 6%
 
FY18 6%
 
FY19 29%
 
FY20 10%
 
FY21 13%
 
BEYOND 31%

DIVERSITY OF TOP 20 TENANTS2

Banking 24%
Finance 4%
Insurance 8%
Government 22%
Telecommunications 14%
Diversified 1%
Retail 6%
Legal 4%
Car parking 4%
Energy 5%
Property 9%

1. Weighted for ownership
2. Totals do not add to 100% due to rounding