WPR 0.40% $2.48 waypoint reit

News: WPR Waypoint REIT Undertakes Year-End Investment Portfolio Valuation Process

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    Dec 22 (Reuters) - Waypoint REIT Ltd (WPR) :

    • HAS UNDERTAKEN ITS YEAR-END INVESTMENT PORTFOLIO VALUATION PROCESS
    • YEAR-END INVESTMENT PORTFOLIO VALUATION PROCESS, WITH INDEPENDENT VALUATIONS CARRIED OUT ON 85 PROPERTIES
    • VALUATION PROCESS RESULTED IN EXPANSION IN WEIGHTED AVERAGE CAPITALISATION RATE ON PORTFOLIO OF 28 BPS FROM 5.40% TO 5.68%
    • PRO FORMA IMPACT OF VALUATIONS ON WPR'S 30 JUNE 2023 NTA PER SECURITY IS A NET REDUCTION OF 22 AU CENTS
    • VALUATION PROCESS RESULTED IN NET REDUCTION IN PORTFOLIO VALUE OF A$151 MILLION FOR 6 MONTHS TO 31 DEC 2023
 
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