2014
WALE: 6.9 years, Occupancy: 98%
2019
WALE: 5.0 years, Occupancy: 98%
2023
WALE: 6.0 years, Occupancy: 93%
"Short WALE and value add opportunities were more keenly sought after, as a means for capturing short-term rental growth." (p. 68; Annual Report 2023)
Even for relatively long WALE focussed REITs, WALE's can be a bit lumpy for various reasons (e.g., timing; predictability of CPI). A decrease in occupancy is a less ambiguous negative for a REIT.
93% is not bad, but it is lower than 98%.
Ann: GOZ 1H24 Presentation, page-28
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Last
$2.17 |
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Mkt cap ! $1.636B | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6840 | $2.17 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 7702 | 3 |
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