Lemmsip - I was happy with it also.
Yes, 197 St Georges is a bit of a drag... valuation down to $200m, cap rate 7.25% despite some leasing successes in past 6 months.
I suspect now that WS and WS2 are close to fully leased - they can give additional focus to the 197 leasing. But to have the portfolio move from 1.25 NTA to 1.20 is much smaller than most of the office REITs that I watch.
The mining accom JV looks like it is delivering in the early stages. There was some criticisum leveled at this on HC - but I'm curious to see how it plays out. Given that office could be subdued for a few years, I support the diversification.
The back half of the preso shows a positive outlook for Perth, leasing enquiries, net absorbtion etc. I'm glad they concentrated on Perth submarket 5 years ago.
Lemmsip - I was happy with it also.Yes, 197 St Georges is a bit...
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Last
61.0¢ |
Change
0.010(1.67%) |
Mkt cap ! $327.2M | |||
| Open | High | Low | Value | Volume |
| 60.5¢ | 61.0¢ | 60.0¢ | $132.9K | 219.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4978 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 61.0¢ | 272772 | 5 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
61.0¢ |
Change
0.010 ( 1.65 %) |
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| Open | High | Low | Volume | ||
| 60.5¢ | 61.0¢ | 60.5¢ | 28882 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| GDI (ASX) Chart |