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Showing 11 - 20 of 40 results for "Weighted Average Lease Expiry"

EG swoops in on Forza industrial assets

CHLOE WALKER  |  TUESDAY, 7 DEC 2021
... North. The assets provide a combined gross lettable area of approximately 28,020sqm with a blended weighted average lease expiry of 5.52 years leased to a variety of industrial, office and recreational use tenants. Both properties benefited from active ...

Centuria, MAF make joint acquisition

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... and blue-chip organisations such as Reserve Bank of Australia, JLL and Minter Ellison. It has a Weighted Average Lease Expiry of four years. "We are very pleased to work in partnership with Centuria Capital to acquire this iconic asset, which is right ...

Charter Hall profit, inflows rise

ANNABELLE DICKSON  |  MONDAY, 23 AUG 2021
... covenants holding the largest tenant exposure, Charter Hall said. Portfolio occupancy was 97.4% and the Weighted Average Lease Expiry (WALE) increased from 8.7 years to 9.1 years. "As we celebrate our 30th anniversary, we are proud to have created an ...

Dexus establishes JV for Sydney building

ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
... platform management," Dexus chief executive Darren Steinberg said. The 29-storey building has a weighted average lease expiry of 5.4 years and is 99.5% occupied. Tenants include Clayton Utz, Bloomberg Australia, and the Commonwealth of Australia. Mercatus ...

Centuria spends big ahead of fund launch

ELIZA BAVIN  |  FRIDAY, 29 JAN 2021
... three industrial properties are worth a collective $62.5 million and provide a 9.1-year portfolio Weighted Average Lease Expiry (WALE). The most expensive property, acquired for $39.6 million, is located in Boondall Queensland and is 100% occupied until ...

Elanor launches new fund

ELIZABETH MCARTHUR  |  THURSDAY, 26 NOV 2020
... occupied, with long-term leases to the Queensland Government and the Catholic Church and have a 7.2 year weighted average lease expiry. The sites are an established medical precinct, opposite the Princess Alexandra Hospital, and close to major transport. ...

Centuria makes $171m acquisition

ELIZA BAVIN  |  TUESDAY, 17 NOV 2020
... million on an average initial yield of 5.62%. The portfolio is currently 100% occupied and have a weighted average lease expiry (WALE) of 6.4 years with assets based in NSW, VIC and QLD. CIP will also undertake a fully underwritten institutional placement ...

Centuria acquires property for healthcare fund

ANNABELLE DICKSON  |  WEDNESDAY, 4 NOV 2020
... Day Surgery and Sundew Day Surgery. The fund's current portfolio is 100% occupied with a 5.7 year weighted average lease expiry (WALE) and is due to pay its first monthly distribution on 10 November 2020.

Elanor expands healthcare real estate fund

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
... mental health administration services occupy the 4966 square metres of net lettable area, providing a weighted average lease expiry of 5.4 years. Elanor co-head of real estate David Burgess said: "The Elanor Healthcare Real Estate Fund delivers superior ...

New property fund launched

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... either agreed or in active negotiation. Additionally, EAM said the fund will offer a forecasted weighted average lease expiry of approximately 11 years at opening, and initial property yield of 6%, total fund equity of $30.1 million and scheduled fund ...