A strong result from GJT. The forward currency contract implies that the dividend in FY2016 will be 6% higher than 14.9 cents received in FY2015. In addition to increasing rents, there is also further upside if GJT can find a tenant for Funabashi.
For more commentary on GJT latest results, see:
http://chasingvalue.com.au/?p=142
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- Ann: FY15 Results Presentation
Ann: FY15 Results Presentation, page-2
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