Half-year highlights

~  Net profit for the six months was $144.0 million, which included $87.1 million of unrealised gains in the fair value of investment properties

~ Distributable amount of $57.9 million for the six months – in line with the previous corresponding period

~ Interim distribution of 9.02 cents per unit – in line with the previous corresponding period

~ Like-for-like rental growth of 2.0 per cent for the 12 months to 31 December 2020

~ Weighted average lease expiry of 4.3 years at 31 December 2020 with 97.4 per cent leased

~ Gearing (debt/total assets) 17.8 per cent as at 31 December 2020

~ Weighted average cost of debt of 3.2 per cent per annum for the six month period

~ $2.6 billion portfolio valuation as at 31 December 2020

~ Net tangible assets of $3.20 per unit at 31 December 2020