GOZ 4.09% $2.29 growthpoint properties australia

Growth Point Properties Australia Strategic Viewpoint, page-5

  1. 7,293 Posts.
    lightbulb Created with Sketch. 1072
    Income certainty:
    The good part with GOZ is that it has reasonably long leases in place. This gives a higher degree of comfort for future income:

    From 1Qtr FY24 Investment Update:

    https://hotcopper.com.au/data/attachments/5699/5699752-36374e0013d5a66088b24e61676c617d.jpg
    https://hotcopper.com.au/data/attachments/5699/5699753-ad1d03cecc61bc430a2cb21041051e25.jpg

    So again out to FY26, there are no significant leases finishing, so income certainty is higher (again why the ratings agency supported the investment grade).
    So from an income (rental) perspective there is a high degree of comfort in future rental income.
 
watchlist Created with Sketch. Add GOZ (ASX) to my watchlist
(20min delay)
Last
$2.29
Change
0.090(4.09%)
Mkt cap ! $1.726B
Open High Low Value Volume
$2.21 $2.29 $2.21 $1.748M 771.0K

Buyers (Bids)

No. Vol. Price($)
2 5287 $2.27
 

Sellers (Offers)

Price($) Vol. No.
$2.30 13706 2
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
GOZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.