Ann: Full Year Results Presentation, page-30

Out today Cameron, Brilliant result , $4.2 billion of development work in progress ,$48.2 billion total assets under management,with 77% undertaken in Partnerships + Reaffirm forecast FY20 operating earnings per security of 56.3 cents, up 9% on FY19. Wow what a success story.

“Structural changes continue to positively impact the industrial property sector. As consumers’ demands increase, our customers are responding by consistently seeking to create more efficient logistics networks.

Locations close to consumers, coupled with technology advancements, are helping to increase productivity and efficiency in the supply chain to help fulfill consumer expectations.

While the overall consumer market is subdued, online sales continue to grow, reaching 14.1%* of total global retail sales as at June 2019. The online share of the market has almost doubled over the last five years with estimates that it will grow to 22% by 2023.”