ARG argosy property limited

Ann: GENERAL: ARG: Argosy Leasing Progress Update

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    • Release Date: 12/06/12 17:55
    • Summary: GENERAL: ARG: Argosy Leasing Progress Update
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    ARG
    12/06/2012 15:55
    GENERAL
    
    REL: 1555 HRS Argosy Property Limited
    
    GENERAL: ARG: Argosy Leasing Progress Update
    
    Argosy Property Limited (Argosy) is pleased to confirm that new leases and
    sales of vacant property have reduced the vacancy rate in the portfolio from
    5.9% as at 31 March 2012 to 3.5% as at 8 June 2012.
    
    In addition, a number of lease renewals have been agreed since the release of
    the year-end report and the lease expiry profile for the period to 31 March
    2013 has reduced from 18% to 11%.
    
    As noted in the year-end report, occupancy remains a key focus for Management
    and the Board. There is strong enquiry and Management is working hard to
    lease the remaining vacant space in the portfolio.
    End CA:00223780 For:ARG    Type:GENERAL    Time:2012-06-12 15:55:03
    				
 
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