There is absolutely no way that the historical distribution per unit can be applied going forward.
For those of you that are new to this trust, look at the information package that was released mid last year after the june results.
It stated quite clearly that current rents are around 30% higher than market rents. Ie the current lease rental contracts are 30% higher than actual market rents.
Therefore as these leases come up for renewal, rents will fall back to market rents.
You need to adjust figures to reflect this, unless you are hoping to buy the units and then flog them off to someone else who is naively looking at the historical DPU and expecting it to continue.
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